You can also choose to release a player, but will absorb 50% of his salary as cap. That player then becomes eligible to be signed in free agency to first come first served at 100k (TBC -i might change this that the player goes into auction instead)
I am changing this as there is a loophole where teams can collude.
When a franchise releases a player, the following process now applies:
Step 1 - Release
- The releasing franchise removes the player from their roster
- They receive a 50% salary cap refund (the other 50% is dead cap)
- The player is placed on the Waiver Wire for 24 hours
Step 2 - Waiver Window (24 hours)
- All franchise owners are notified that the player is available on waivers
- Any franchise (except the one that released the player) can submit a blind bid
- Bids are hidden from other franchises — you won't see what anyone else has bid
- You can update or cancel your bid at any time during the 24-hour window
- Minimum bid: $100,000
- Your salary cap must have room for the bid (pending waiver bids count against your cap)
Step 3 - Resolution
- After 24 hours, the waiver is resolved automatically
- If there are bids: The highest bidder wins the player. If two franchises bid the same
amount, the one who bid first wins. The winning franchise adds the player to their roster
at the bid amount
- If there are no bids: The player clears waivers and becomes a free agent, available to
any franchise on a first-come-first-served basis for $100,000
Key Rules
- The releasing franchise cannot bid on the player they released
- The releasing franchise does not receive any money from the winning bid (they received their 50% of his original salary back by releasing him)
- Waivers are only available during the regular season — not during the auction phase
- You can only have one active bid per waiver