Auction Rules

Auction Rules created and copied with permission of FIVL Commisioner on November 29, 1999 and subject to change.: Owners will build their teams with an auction draft as described below: Unless otherwise agreed to by a majority of league owners, the draft will be conducted on Sunday August 20th at 3 pm EST in an AOL Chat room yet to be named. Each Owner is allotted $200 as a salary cap for building his team and MUST draft 15 NFL players. The other two roster spots will be picked up during the first two preseason free agency periods for a total of 17 players on each teams' roster. Nomination order position will be determined by the commissioner at a time no later than 72 hours prior to the auction. The minimum bid is $1 and all increases to that bid have to be in whole numbers (i.e $2 or $3). All owners are required to make a nomiation when their turn to do so comes up. Once no remaining owners can spend more than $1 for a player (i.e. $5 of salary cap left and 5 players to get), a standard Serpentine draft will begin. Draft picks in odd numbered rounds are selected in the order 1 through 10. Draft picks in even numbered rounds are selected in the order 10 through 1. The salary for players selected in the serpentine draft is $1.

The auction will begin with owner #1 (see the nomination list) nominating a player for $1. The owner may bid more than $1 if he so chooses. Bidding then is open to all owners, who may place their bids on the player at their own leisure. This is called "open court" bidding and it continues until only 1 owner is left with the high bid for the player in question. I will use "?" for the call "Going Once", "??" for the call "Going Twice" and "Sold" to end all bidding on that particular player. All bids appearing after "Sold" is displayed on the screen, are not accepted. The player's new salary is recorded and applied towards that owner's salary cap. In the event of a tie bid between two owners and neither one willing to break it, by bidding higher, the player goes to the owner whose bid appeared on the screen first. After a player is awarded, the next owner in draft order begins the process again by nominating another player. The next owner in the draft order MUST nominate a player unless he was the highest bidder on the previous nomination. In this case, the owner may pass on making a nomination. An owner may not make a bid for a player that would not leave him enough available cash reserves to draft a complete team. For example, an owner with $5 left under his salary cap and with 4 players left to draft to reach the minimum roster limit may not bid more than $2 for one player and $1 for the three remaining players. If you type in a bid you didn't mean to send....follow it up with a retraction of some sort. If somebody gets knocked off line, the auction will stop at that point as we allow that owner to get back on line. The waiting period for this to happen will not exceed 5 minutes. A salary update is usualy initiated during this stoppage.

Each owner will have a maximum of 1 minute between nominations/selections. The commissioner also reserves the right to call a timeout at any time in order to restore order or just for the sake of taking a break.

The key to success for an auction draft will be preparation. Be sure to have some sort of cheat sheet, nomination list, auction values or budget sheet, pencils, and paper.

Salary cap rosters and draft summary will be available on the web site later in the evening.

Draft Order League Rules Draft Results