Sorry for tagging everyone, but all the schedule and process info will be cleared up in this post.
1. UFA will start Monday June 18. Bids for UFAs scheduled for each day are due at 3pm EST every day.
Link to Schedule: https://docs.google.com/document/d/1XVcHXesGKp45GEL1Q37lI4IC3mKLnuPb0UgTxJ8EZXY/edit?usp=sharing
Refresher of UFA Rules
Minimum offerable AAV is $675,000
Maximum offerable AAV is $16,000,000
Only teams who held UFA rights as of IRL TDL (for this year) can offer an 8th year.
The UFA process will be a rolling bidding process. It will be purely based on highest bidder based on points. Tiebreaker will be conducted by the highest AAV winning first, and then if there is still a tie, waiver order.
UFA Point Scale
(AAV x Term) + Clauses = Total Points
NMC = 1 point per year
NTC = 0.5 points per year
No UFA signed may be traded until January 1, 2019; even if they do not have an attached NTC or NMC. NTC-NMCs will not be granted in free agency. There will only be just NTCs or NMCs. A free agent CAN have NTCs and NMCs divided over the duration, they only cannot have both at the same time. NTCs granted by GMs in GM Game free agency must be honored for one full calendar year from when they kick in before they can be moved. NMCs granted by GMs in GM Game free agency must be honored for the entire duration the contract has an NMC and they may NOT be moved under any circumstance. See NMC and NTC Rules section for more details.
Unrestricted free agency will be conducted on a rolling bidding process. This means that only a certain group of players will be bid on per day. For the main free agents, each days group has one player of each type to ensure that teams don’t “lose out” on free agents that address needs. Bids for each group are due at 8:00 PM EST on the scheduled day of the given group. The winners of each bid will be announced soon after. When a team wins a bid on a player, THEY CANNOT TURN IT DOWN.
It cannot be over-emphasized, do not make bids in advance if there is even a chance of you needing to drop the bid.
To make bids, notify the league commissioner (contact info below) via Twitter DM or email with a bid that meets the following format (before the due date to submit a bid for the given player):
New York Islanders Free Agency Bid for John Tavares
Total contract value: $120,000,000
Total years: 8 years
Trade Clauses: NMC (Years 1-7), NTC (Year 8)
*Note that in this scenario the total “points” for Tavares in this deal is 127.5 points ((15*8)+7+0.5)
Contact Info: TheCommissioner (Twitter: @Bo53Horvat, CapFriendly Handle: @TheCommissioner
, Email: firstname.lastname@example.org)
*The Commisioner will be the only person seeing the UFA bids before the deadline. The BOG will NOT be involved in determining winning bids or seeing bids unless The Commissioner is unable to do so due to time constraints or personal reasons.
2. Waiver Claims are one per calendar month per team all year long. This will apply to signing undrafted UFAs on June 30th and beyond. Waiver order is as shown in waivers thread. As of right now, that is the only use for waivers since we're still in the offseason.
3. Buyouts are allowed until Monday at 3 pm EST. A second buyout window will occur sometime in July, stay posted for that.
4. Second RFA period will end on monday at 3pm EST as well. After that point, any unsigned but qualified RFAs are eligible to be offer sheeted. If you have an unsigned but qualified RFA who does not get offer sheeted, there will be a third RFA period after UFA to sign these guys.