[USML Announce] USML - FAAB bidding
Jeff Winick
jhwinick at aol.com
Sun Mar 30 09:56:12 EDT 2008
Unfortunately I can't access that either. Please forward faab and
transactions to Usmltransaction at aol.com
Sent from my iPhone
On Mar 30, 2008, at 9:14 AM, springkerb at aol.com wrote:
> I just sent my act/res transactions to the usmltrans mailbox.
> Copies of the FAAB bids were sent there yesterday.
>
> Mark
>
>
> -----Original Message-----
> From: springkerb at aol.com
> To: announce at usml.net
> Sent: Sun, 30 Mar 2008 7:56 am
> Subject: Re: [USML Announce] USML - FAAB bidding
>
> I don't see anything that tells me if my FAAB bids were successful.
> How do I handle act/res if I don't know who I have?
>
> Mark
>
>
> -----Original Message-----
> From: jhwinick at aol.com
> To: announce at usml.net
> Sent: Sat, 29 Mar 2008 4:52 pm
> Subject: Re: [USML Announce] USML - FAAB bidding
>
> Guys,
>
> Here's the deal. We're going to work with the website as much as
> possible in order to reduce the workload imposed on the
> commissioner. Despite all the difficulties with All Star Stats, it
> was the most accomodating of the websites, at least as it related to
> our rules. It appears that CBS is a bit less so. I believe that
> Andy is right that you will be able to put in multiple bids for
> players all premised on waiving the same player. But just as with
> All Star Stats, the onus is on you to figure out how to make it
> work. It simply isn't practical to require Mark B. to sort through
> bids every week to deal with multiple contingencies.
>
> As for the ebay bidding, Mark and I have already agreed that we will
> continue to use that system. If you read my last email on this
> matter, you'll see the details.
>
> As for the priority for breaking ties, we are going to use the
> default system at CBS - namely reverse order of standings subject to
> modification once the lower team has won a player.
>
> As for the constitutional amendment - I'd like to think it isn't
> necessary, but would support it if the sense of the league is
> otherwise.
>
> The King
> -----Original Message-----
> From: Andrew R. Klein <anrklein at yahoo.com>
> To: USML Announcements <announce at usml.net>
> Sent: Sat, 29 Mar 2008 4:04 pm
> Subject: Re: [USML Announce] USML - FAAB bidding
>
> I agree with Mark on all of the points. Regarding the third point,
> the system might be able to handle it the correct way. I haven't
> tried it, but with All-Star, you would just input bids sequentially,
> changing who you would drop. For example. Bid A, Drop X; Bid B,
> Drop X, Bid B, Drop Y; etc. It took a little fiddling, but
> eventually worked. The Sportsline system might be able to do the
> same thing assuming it doesn't remove a player from your roster
> after the first drop order.
>
> -Andy
>
> springkerb at aol.com wrote:
>> I have a couple of questions. First, are we going to adopt a
>> constitutional amendment or some kind of temporary rule to
>> accommodate the differences between this process and our
>> constitution? I think we should, if only to clarify how we're
>> proceeding. Here's my proposal for an appropriate proviso:
>> Notwithstanding the foregoing, the Commissioners shall be
>> authorized to adopt a FAAB bidding process consistent with the
>> system constraints of any statistical service used by the League,
>> upon reasonable notice to the League.
>>
>> Second, it appears this has a FAAB priority for breaking ties
>> different from what's in or rules--based on prior purchases rather
>> than standings. Is that what we're following? I think I got that
>> impression from some earlier e-mails that are no longer in my box.
>> I'd say that's no big deal since FAAB ties are relatively rare and
>> not likely to be "outcome determinative" as Jeffrey would say.
>>
>> Third, this seems to imply that a specific "drop" must be
>> associated with any FAAB, rather than being able to drop a series
>> of players in priority order. Seems like a dopey way to set up the
>> system and one we should over-ride if we can do so without
>> excessive pain to the commissioners, but if we're stuck with it,
>> we're stuck with it.
>>
>> Fourth, I'm assuming we are still using the "one dollar above the
>> next highest bid" system. I didn't see any e-mails to the
>> contrary, and that's a pretty major feature of our current system.
>> It significantly affects bids. So, that remains per the
>> constitution, right?
>>
>> Mark
>>
>>
>> -----Original Message-----
>> From: Blocker, Mark B. <mblocker at Sidley.com>
>> To: announce at usml.net
>> Sent: Tue, 25 Mar 2008 9:35 am
>> Subject: [USML Announce] USML - FAAB bidding
>>
>> This is straight from the website, which no one bothers to read:
>> What is FAAB (Free Agent Acquisition Budget)?
>> Answer
>> FAAB stands for Free Agent Acquisition Budget. Every add/drop is
>> granted via a blind, bidding system that is processed
>> automatically. Each time an owner has an add/drop processed, they
>> will be placed at the bottom of the FAAB order. If there is a tie
>> for a player, the FAAB order is used; the owner that is higher in
>> the list will receive the player and be moved to the bottom.
>>
>> You can also select the Commissioner FAAB approval process. Free
>> agents are still picked up via a blind, bidding system, but it is
>> processed by the commissioner and not automatically. The
>> Commissioner will go to the Transactions Request page to process
>> the winning bids.
>>
>> If you select to use either of the two available FAAB options, each
>> owner will go to the My Team/Add-drop page and select the players
>> to be added and dropped then a bid is entered. The team with the
>> highest bid for that player will be awarded the player and the bid
>> value subtracted from their budget.
>> Example #1
>> Team #1 as listed in the FAAB order inputs a request for three
>> players:
>> Player "a" bid of $15
>> Player "c" bid of $10
>> Player "b" bid of $1
>> Team # 8 as listed in the FAAB order inputs a request for three
>> players:
>> Player "a" bid of $25
>> Player "c" bid of $10
>> Player "b" bid of $1
>> The system looks for the player that has the highest overall bid
>> placed on him. In this case, player A would be the first player
>> auctioned. The system would then search through every bid submitted
>> for Player A. The team with the highest bid for Player A would win
>> that player. In this example, team 8 would be awarded Player A.
>>
>> The FAAB process will continue in this manner. The system will seek
>> out the player that has the highest overall bid for him. Player C
>> will be the next player auctioned. If there are 2 equal bids for
>> the same player (c), the system will award the player to the team
>> that is highest on the FAAB order. For Example, player C will be
>> auctioned second and awarded to Team #1 because they were ahead of
>> Team #8 in the FAAB order (remember Team #8 would be at the bottom
>> of the FAAB order because the won the previous auction.)
>> Finally, player (b) will be auctioned last and awarded to Team #8
>> because they are higher on the FAAB order (Team #1 was dropped to
>> the bottom of the FAAB order because the won the previous auction).
>> Please note: If a team is dropping the same player for multiple
>> bids and that team wins a bid all subsequent bids involving "same"
>> dropped player become invalid.
>> Example #2
>> FAAB Budget is $100
>> The remaining budgets for the bidding teams are as follows:
>> John's Team $55
>> Sam's Team $80
>> Joe's Team $40
>> Larry's Team $65
>> John is listed #1 in the FAAB order and his FAAB bids are:
>> Player A bid of $30 dropping Player X
>> Player F bid of $30 dropping Player Y
>> Sam is listed #3 in the FAAB order and his FAAB bids are:
>> Player B bid of $20 dropping Player M
>> Player C bid of $15 dropping Player M
>> Player D bid of $5 dropping Player O
>>
>> Joe is listed #4 in the FAAB order and his FAAB bids are:
>> Player C bid of $10 dropping Player R
>> Player E bid of $10 dropping Player R
>> Larry is listed #7 in the FAAB order and his FAAB bids are:
>> Player F bid of $5 dropping Player T
>> Player D bid of $5 dropping Player V
>> The first player to be auctioned is Player A for $30. Player A is
>> auctioned first because $30 is the highest overall bid. John has
>> Player A prioritized as his first bid. John wins the bid for Player
>> A for $30. John drops to the bottom of the FAAB order and $30 is
>> subtracted from his FAAB budget.
>> Player F would not be auctioned at this time because John's $30 bid
>> would exceed his FAAB budget.
>> The second player to be auctioned is Player B. Sam wins the bid for
>> Player B with a bid of $20. Sam drops to the bottom of the FAAB
>> order and $20 is subtracted from his FAAB budget.
>> The third player to be auctioned is Player C for $10 (Sam's bid of
>> $15 became invalid when Sam dropped Player M to claim Player B).
>> Joe wins the bid for Player C with a bid of $10. Joe drops to the
>> bottom of the FAAB order and $10 is subtracted from his FAAB budget.
>> The Fourth player to be auctioned is Player F for $5. Player F is
>> auctioned next for 2 reasons:
>> 1)Larry is higher in the FAAB order because Sam dropped below Larry
>> with a successful bid earlier in the bidding process. Since Larry
>> is higher in the FAAB order, his bid (Player F for $5) will be
>> auctioned before Sam's bid (Player D for $5).
>> 2)Larry has prioritized his bid of Player F over Player D.
>> Larry wins the bid for Player F for $5. As stated previously,
>> John's $30 bid for Player F was invalid because his bid would have
>> exceeded his FAAB budget.
>> The last player to be auctioned is Player D. Both Larry and Sam
>> have equal bids of $5 for Player D. Sam wins the bid for Player D
>> because he is higher in the FAAB order. John had dropped to the
>> bottom of the FAAB order by winning his previous bid. Sam drops to
>> the bottom of the FAAB order and $5 is subtracted from his FAAB
>> budget.
>> Player E is not auctioned because Joe no longer has Player R to
>> drop and there aren't any other bids for Player E. If Joe had a
>> different player to drop Player E would have been auctioned.
>> Sidley Austin LLP mail server made the following annotations on
>> 03/25/08, 09:31:12:
>> ---
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