I need everyone to read this and let me know.
This is our new OFFICIAL policy on Teams who run out of Money.
This system starts in 2008 and is a clean slate, 2007 was our first year in a new software and with a few new owners, so starting 1/1/2008 (In game Date) this is our policy for Teams who Run Negative Balance at the end of the season.
I reserve the right to tweak this system, hopefully we wont have to, but again, as this is still a learning process we may have to make some minor changes here in the future.
The Penalties are stiff, SO MAKE SURE TO KEEP A HANDLE ON YOUR FINANCES
1). A team that runs a negative balance starting in the 2008 season will be penalized their 1st Round Draft Pick in the subsequent draft
2.) A team that runs a negative balance in 2 Consecutive seasons, will be penalized 1st and 2nd round Draft Picks in the subsequent draft to the extent of their financial problem. In compensation for the loss of draft picks, to try and right this ship, that team will receive money infussion based on their Power rankings at the end of the World Series sim. 1st and 2nd round (rookie draft) draft picks will be lost. A team will fall into 1 of three Power Rank categories here, 1-10, 11-21, or 22-32. The team will receive the following compensation for the loss of draft picks, 1-10 -$5 Million 1st Round/$2 Million 2nd round, 11-21 - $8 Million 1st Round/$3 Million 2nd Round, 22-30- $12 Million 1st Round/$4 Million 2nd Round.
3). Running a 3rd Consecutive year with a Cash negative balance will result in a Vote By the Commish and 2 league presidents as to whether the owner made enough effort to try and dig themselves out and result in either keeping on "Financial Probation" or possibly removal from the league, but the long term impact to minor league talent should present enough of an incentive for many to get a handle quicker on their financials.
Loss of Draft Picks is Harsh punishment, but we need to keep teams financially solvent.
Hopefully this doesnt come into play. AS of right now, The league as a whole is looking pretty good going into 2008. Teams such as myself that ended 07 in the red, have all made moves to better their situations and look to make some positive cash this year.
Again, I reserve the right to tweak this system. Everything we are putting in place as written above is new, so if something comes up that we don't forsee now, we may need to make a change.
Check ins-
Houston
Boston
Cleveland
Milwaukee
Oakland
Tampa
Miami
Kansas City
Toronto
Atlanta
Baltimore
Chicago -N
Cincinatti
New York - N
San Diego
LA A
Philadelphia
New York - A
Chicago - A
Texas
Colorado
San Fran
Arizona
Minnesota
LA- N
St Louis
This is our new OFFICIAL policy on Teams who run out of Money.
This system starts in 2008 and is a clean slate, 2007 was our first year in a new software and with a few new owners, so starting 1/1/2008 (In game Date) this is our policy for Teams who Run Negative Balance at the end of the season.
I reserve the right to tweak this system, hopefully we wont have to, but again, as this is still a learning process we may have to make some minor changes here in the future.
The Penalties are stiff, SO MAKE SURE TO KEEP A HANDLE ON YOUR FINANCES
1). A team that runs a negative balance starting in the 2008 season will be penalized their 1st Round Draft Pick in the subsequent draft
2.) A team that runs a negative balance in 2 Consecutive seasons, will be penalized 1st and 2nd round Draft Picks in the subsequent draft to the extent of their financial problem. In compensation for the loss of draft picks, to try and right this ship, that team will receive money infussion based on their Power rankings at the end of the World Series sim. 1st and 2nd round (rookie draft) draft picks will be lost. A team will fall into 1 of three Power Rank categories here, 1-10, 11-21, or 22-32. The team will receive the following compensation for the loss of draft picks, 1-10 -$5 Million 1st Round/$2 Million 2nd round, 11-21 - $8 Million 1st Round/$3 Million 2nd Round, 22-30- $12 Million 1st Round/$4 Million 2nd Round.
3). Running a 3rd Consecutive year with a Cash negative balance will result in a Vote By the Commish and 2 league presidents as to whether the owner made enough effort to try and dig themselves out and result in either keeping on "Financial Probation" or possibly removal from the league, but the long term impact to minor league talent should present enough of an incentive for many to get a handle quicker on their financials.
Loss of Draft Picks is Harsh punishment, but we need to keep teams financially solvent.
Hopefully this doesnt come into play. AS of right now, The league as a whole is looking pretty good going into 2008. Teams such as myself that ended 07 in the red, have all made moves to better their situations and look to make some positive cash this year.
Again, I reserve the right to tweak this system. Everything we are putting in place as written above is new, so if something comes up that we don't forsee now, we may need to make a change.
Check ins-
Houston
Boston
Cleveland
Milwaukee
Oakland
Tampa
Miami
Kansas City
Toronto
Atlanta
Baltimore
Chicago -N
Cincinatti
New York - N
San Diego
LA A
Philadelphia
New York - A
Chicago - A
Texas
Colorado
San Fran
Arizona
Minnesota
LA- N
St Louis
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