Post by DarthVegito on Dec 10, 2014 22:24:43 GMT -6
PHASE 3 - CHOOSING TO ACCEPT, DECLINE, OR SIGN & TRADE (24 hours from bid deadline or until all choices are in, whichever comes first)
After all bids are received, they are input into FBB's free agency engine. Free Agency phases are run in FBB to determine which restricted free agents choose to sign with which teams and for what contract amounts. The results (winning teams, amounts, and years) are noted and published on the site.
The "incumbent team" (the team that chose to accept a cap hold to retain restricted rights) has 24ish hours to do one of the following three options by posting in the RFA choice thread that will be created with the winning bids - the poster should note which player they are making the choice on. Choices may be edited and changed until the deadline (Wednesday 12/11/14 8pm Central), when the thread will be locked.
OPTION ONE - "ACCEPT"
The incumbent team chooses to match the winning bid. The player remains with his incumbent team and the contract is transferred to the incumbent team. The original "winning team" gets nothing (other than getting their cap space back for regular free agency). The player may not be traded for a full year (i.e., until after the next RFA period),
If the incumbent team submits the winning bid (e.g., a 5-year max), this option is automatically the option selected (and the player is not eligible to be traded for a full year).
OPTION TWO - "DECLINE"
The incumbent team chooses not to match the winning bid. The player moves to the team that signed him and the incumbent team receives no compensation. The player may not be traded for a full year (i.e., until after the next RFA period).
This is considered the default option if no other post is made in the RFA Choice thread by the deadline.
OPTION THREE - "SIGN AND TRADE"
The incumbent team may choose to negotiate a trade with the team that submitted the winning bid. The trade must be legal (i.e., cannot violate salary cap rules and cannot involve players that were traded during the draft* as they have not been on the squad for 60 days).
Both parties must post consent to the trade in the Finalized Trade Forum prior to the deadline to choose to accept, decline, or sign and trade. Once both teams have posted in the Finalized Trade Forum, either team may post (and one team SHOULD post) "Sign and Trade" in the RFA Choice thread and link to the Finalized Trade thread to help the staff find it. The Finalized Trade thread's timestamps (both owners approvals) will be the determinant as to whether or not the trade made the deadline, not the timestamp of the post in the RFA choice thread (for those of you cutting it close).
A posted Finalized Trade thread with both parties' approval trumps both "Accept" and "Decline" posts made in the main RFA Choice thread.
The Restricted Free Agent cannot be traded for one full year following this "Sign and Trade." Any other players that happen to be involved in such a trade may be traded after 60 days as normal.
Example 5: Team E wins the RFA bidding for Player P, who plays with Team F. Team E and Team F agree to do a Sign and Trade of Player P for Player Q. Player P (the RFA) may not be traded away from Team E for a full year. Player Q may be traded away from Team F after 60 days.
* A draft pick traded to a team prior to the team making the selection in the draft is not considered a "player traded" for the purposes of this rule. A player that was drafted and then traded - even if traded immediately after drafting - is.
After all bids are received, they are input into FBB's free agency engine. Free Agency phases are run in FBB to determine which restricted free agents choose to sign with which teams and for what contract amounts. The results (winning teams, amounts, and years) are noted and published on the site.
The "incumbent team" (the team that chose to accept a cap hold to retain restricted rights) has 24ish hours to do one of the following three options by posting in the RFA choice thread that will be created with the winning bids - the poster should note which player they are making the choice on. Choices may be edited and changed until the deadline (Wednesday 12/11/14 8pm Central), when the thread will be locked.
OPTION ONE - "ACCEPT"
The incumbent team chooses to match the winning bid. The player remains with his incumbent team and the contract is transferred to the incumbent team. The original "winning team" gets nothing (other than getting their cap space back for regular free agency). The player may not be traded for a full year (i.e., until after the next RFA period),
If the incumbent team submits the winning bid (e.g., a 5-year max), this option is automatically the option selected (and the player is not eligible to be traded for a full year).
OPTION TWO - "DECLINE"
The incumbent team chooses not to match the winning bid. The player moves to the team that signed him and the incumbent team receives no compensation. The player may not be traded for a full year (i.e., until after the next RFA period).
This is considered the default option if no other post is made in the RFA Choice thread by the deadline.
OPTION THREE - "SIGN AND TRADE"
The incumbent team may choose to negotiate a trade with the team that submitted the winning bid. The trade must be legal (i.e., cannot violate salary cap rules and cannot involve players that were traded during the draft* as they have not been on the squad for 60 days).
Both parties must post consent to the trade in the Finalized Trade Forum prior to the deadline to choose to accept, decline, or sign and trade. Once both teams have posted in the Finalized Trade Forum, either team may post (and one team SHOULD post) "Sign and Trade" in the RFA Choice thread and link to the Finalized Trade thread to help the staff find it. The Finalized Trade thread's timestamps (both owners approvals) will be the determinant as to whether or not the trade made the deadline, not the timestamp of the post in the RFA choice thread (for those of you cutting it close).
A posted Finalized Trade thread with both parties' approval trumps both "Accept" and "Decline" posts made in the main RFA Choice thread.
The Restricted Free Agent cannot be traded for one full year following this "Sign and Trade." Any other players that happen to be involved in such a trade may be traded after 60 days as normal.
Example 5: Team E wins the RFA bidding for Player P, who plays with Team F. Team E and Team F agree to do a Sign and Trade of Player P for Player Q. Player P (the RFA) may not be traded away from Team E for a full year. Player Q may be traded away from Team F after 60 days.
* A draft pick traded to a team prior to the team making the selection in the draft is not considered a "player traded" for the purposes of this rule. A player that was drafted and then traded - even if traded immediately after drafting - is.
| Original Team | Player | Years | Base | Total | Winning Team | Status |
| Cavs | Eddie Jones | 4 | $7,632,314 | $35,108,644 |  | Retained by Cavaliers |
| T-Wolves | Grant Hill | 4 | $7,632,314 | $35,108,644 |  | Retained by Timberwolves |
| Magic | Jason Kidd | 5 | $7,632,314 | $47,701,962 |  | Accepted |
| Spurs | Big Dog | 5 | $7,632,314 | $45,793,884 |  | Accepted |
| Bucks | Jalen Rose | 4 | $7,632,314 | $35,108,644 |  | Retained by Bucks |
| Celtics | Donyell Marshall | 4 | $7,632,314 | $35,108,644 |  | Sign-and-Trade to Hawks |
| Bucks | Brian Grant | 4 | $7,632,314 | $35,108,644 |  | Sign-and-Trade to Raptors |
| Wizards | Aaron McKie | 4 | $5,377,997 | $22,480,028 | | Sign-and-Trade to Rockets |
| Heat | Sharone Wright | 4 | $4,600,000 | $21,160,000 | | Retained by the Heat |
| Hornets | Juwan Howard | 4 | $7,632,314 | $35,108,644 |  | Sign-and-Trade to Wizards |
| Sonics | Wesley Person | 4 | $4,718,157 | $18,872,628 | | Declined by default |
| Sonics | Charlie Ward | 3 | $1,500,000 | $4,725,000 |  | Declined by default |
credit loco for photoshop
