Post by Adam Smasher on Sept 18, 2018 14:23:02 GMT -6
When making trades, teams are allowed to go over the ARBYS Salary Cap (that is, they may acquire enough salary that their total team salary is more than allowed under the cap and/or the Luxury Tax rules in Section 011). This is for temporary roster management purposes ONLY. As long as a team’s roster is above the ARBYS Salary Cap, it is deemed “illegal” and will accrue no stats for any players.
Note that Fantrax will deem a roster “illegal” at the start of games that day, so if a team sheds enough salary to bring it under the ARBYS Salary Cap after the start of the first game of the day, that team will still accrue no player stats for the entire day.
All trades will be approved by the League Commissioner as long as they adhere to the Salary Matching rules below.
SALARY MATCHING
In all trades, every team involved must match 150 percent of the total salary being traded by the team giving the lowest salary amount.
EXAMPLE:
Team A and Team Z agree to the following trade…
This trade is ILLEGAL and would be VETOED, because Team A’s total salary is more than 150 percent of Team Z’s salary.
The formula to find 150 percent of a player(s) salary is SALARY x 1.5.
150 percent of Giannis’ salary is $46 ($31 x 1.5 = $46.5). Thus, Team Z can only accept up to $46M in returning salary for Giannis by himself.
The formula to find if your player(s) are within 150 percent of another team’s player(s) is SALARY x 0.67.
Team Z really wants all three of Bledsoe, Aldridge and Drummond. To get them, he/she must offer at least 67 percent of their total salary, which is $35M ($52 x 0.67 = $34.8).
Therefore, Team Z needs to add $4M in salary to the current deal.
Any trade that does not have matched salaries or does meet the Salary Cap and/or Luxury Tax requirements will be vetoed as soon as possible.
Any trade with appropriately matched salaries will be approved by the league commissioner, unless it violates the Salary Cap and Luxury Tax requirements.
Approved trades process within 24 hours, generally the night they are accepted. Trades agreed to at late hours may not be approved until after the following day’s waivers process.
COLLUSION
Trade collusion will not be tolerated. Any owner(s) colluding on trades to give themselves or another owner an unfair advantage will be removed from the league with no refunds for any payments made to the league for any reason.
SIGN-AND-TRADES
In order to match salaries, teams may Sign-and-Trade their players if all owners agree.
In a Sign-and-Trade, (1) owner may give any player(s) a new contract(s) at any higher price agreed to by all owners involved in the trade. The new contract value takes effect immediately. All Salary Cap and Luxury Tax rules apply.
Any player in a Sign-and-Trade deal who receives an increased salary must be kept by their teams through at least one postseason and the following Free Agent Auction Draft. This means all players must also be given RFA Signing Bonuses in the following year. Note: If you acquire a player through a sign-and-trade in the preseason, you must keep him through that year's Free Agent Auction Draft, that season and postseason, and the following year's Free Agent Auction Draft (see Example Three below).
EXAMPLE:
Team A is contending for a championship and wants to trade promising rookie Lonzo Ball ($8M) to Team Z for Isiah Thomas ($17M). Team Z will not make the playoffs and so would like collect younger players. Since Thomas makes more than 150 percent of Ball’s contract, Ball’s owner may increase his salary to match the requirement.
In this case, Ball’s contract would need to be increased to at least $12M ($17M x 0.67 = $11.39). Ball’s contract can be increased to any amount agreed to by all owners involved in the trade as long as it adheres to all Salary Cap and Luxury Tax rules.
EXAMPLE TWO:
Team A drafted promising rookie Lonzo Ball on a relatively cheap deal ($8M), but Ball vastly outplayed that salary and it worth much more. Team A has too many point guards, and so would like to trade Ball to Team Z for Andrew Wiggins ($17M) and LaMarcus Aldridge ($19M), for a total salary of $36M. Since Thomas and Aldridge make more than 150 percent of Ball’s contract, Ball’s owner may increase his salary to match salaries.
In this case, Ball’s contract would need to be increased to at least $25M ($36M x 0.67 = $24.12M). Ball’s contract can be increased to any amount agreed to by all owners involved in the trade as long as it adheres to all Salary Cap and Luxury Tax rules.
EXAMPLE THREE:
Team A acquires Lonzo Ball on a sign-and-trade deal for $18M in the 2018-19 preseason, before that year's Free Agent Auction Draft. Team A must keep Ball through the 2018-19 Free Agent Auction Draft, the 2018-19 regular season and postseason, and the 2019-20 Free Agent Auction Draft. Only after the 2019-20 Free Agent Auction may Team A drop Ball if they want to.
Note that Fantrax will deem a roster “illegal” at the start of games that day, so if a team sheds enough salary to bring it under the ARBYS Salary Cap after the start of the first game of the day, that team will still accrue no player stats for the entire day.
All trades will be approved by the League Commissioner as long as they adhere to the Salary Matching rules below.
SALARY MATCHING
In all trades, every team involved must match 150 percent of the total salary being traded by the team giving the lowest salary amount.
EXAMPLE:
Team A and Team Z agree to the following trade…
TEAM A
PLAYER | SALARY |
Eric Bledsoe | $18M |
LaMarcus Aldridge | $19M |
Andre Drummond | $15M |
TOTAL: $52M
TEAM Z
PLAYER | SALARY |
Giannis Antetokounmpo | $31M |
This trade is ILLEGAL and would be VETOED, because Team A’s total salary is more than 150 percent of Team Z’s salary.
The formula to find 150 percent of a player(s) salary is SALARY x 1.5.
150 percent of Giannis’ salary is $46 ($31 x 1.5 = $46.5). Thus, Team Z can only accept up to $46M in returning salary for Giannis by himself.
The formula to find if your player(s) are within 150 percent of another team’s player(s) is SALARY x 0.67.
Team Z really wants all three of Bledsoe, Aldridge and Drummond. To get them, he/she must offer at least 67 percent of their total salary, which is $35M ($52 x 0.67 = $34.8).
Therefore, Team Z needs to add $4M in salary to the current deal.
Any trade that does not have matched salaries or does meet the Salary Cap and/or Luxury Tax requirements will be vetoed as soon as possible.
Any trade with appropriately matched salaries will be approved by the league commissioner, unless it violates the Salary Cap and Luxury Tax requirements.
Approved trades process within 24 hours, generally the night they are accepted. Trades agreed to at late hours may not be approved until after the following day’s waivers process.
COLLUSION
Trade collusion will not be tolerated. Any owner(s) colluding on trades to give themselves or another owner an unfair advantage will be removed from the league with no refunds for any payments made to the league for any reason.
SIGN-AND-TRADES
In order to match salaries, teams may Sign-and-Trade their players if all owners agree.
In a Sign-and-Trade, (1) owner may give any player(s) a new contract(s) at any higher price agreed to by all owners involved in the trade. The new contract value takes effect immediately. All Salary Cap and Luxury Tax rules apply.
Any player in a Sign-and-Trade deal who receives an increased salary must be kept by their teams through at least one postseason and the following Free Agent Auction Draft. This means all players must also be given RFA Signing Bonuses in the following year. Note: If you acquire a player through a sign-and-trade in the preseason, you must keep him through that year's Free Agent Auction Draft, that season and postseason, and the following year's Free Agent Auction Draft (see Example Three below).
EXAMPLE:
Team A is contending for a championship and wants to trade promising rookie Lonzo Ball ($8M) to Team Z for Isiah Thomas ($17M). Team Z will not make the playoffs and so would like collect younger players. Since Thomas makes more than 150 percent of Ball’s contract, Ball’s owner may increase his salary to match the requirement.
In this case, Ball’s contract would need to be increased to at least $12M ($17M x 0.67 = $11.39). Ball’s contract can be increased to any amount agreed to by all owners involved in the trade as long as it adheres to all Salary Cap and Luxury Tax rules.
EXAMPLE TWO:
Team A drafted promising rookie Lonzo Ball on a relatively cheap deal ($8M), but Ball vastly outplayed that salary and it worth much more. Team A has too many point guards, and so would like to trade Ball to Team Z for Andrew Wiggins ($17M) and LaMarcus Aldridge ($19M), for a total salary of $36M. Since Thomas and Aldridge make more than 150 percent of Ball’s contract, Ball’s owner may increase his salary to match salaries.
In this case, Ball’s contract would need to be increased to at least $25M ($36M x 0.67 = $24.12M). Ball’s contract can be increased to any amount agreed to by all owners involved in the trade as long as it adheres to all Salary Cap and Luxury Tax rules.
EXAMPLE THREE:
Team A acquires Lonzo Ball on a sign-and-trade deal for $18M in the 2018-19 preseason, before that year's Free Agent Auction Draft. Team A must keep Ball through the 2018-19 Free Agent Auction Draft, the 2018-19 regular season and postseason, and the 2019-20 Free Agent Auction Draft. Only after the 2019-20 Free Agent Auction may Team A drop Ball if they want to.