LEAGUE RULES

I. GENERAL RULES

Welcome to Fantasy GM League. While I will try to maintain a highly competitive atmosphere, I wouldn’t consider myself a strict commissioner. That being said, here is a short (non-exhaustive) list of things that may get you kicked out:
1. Having multiple accounts or colluding with another member to gain an unfair advantage.
2. Making serious threats to another member or acting in an unsportsmanlike manner.
3. Repeatedly being inactive for significant amount of time without explanation.

II. LEAGUE SETTINGS

This is a 12-team salary keeper league with weekly head-to-head scoring. The scored categories include FG%, FTM, PTS, REB, AST, STL, BLK, and TOs, and the playoffs run from week 21 to week 23 between 6 teams. Your team is allotted 12 roster spots. However, you are only required to roster 10 players minimum at all times. Trade vetoes are decided by league vote, and there are no waivers, only free agents. However, you are limited to 3 free agent pickups per week, and you are encouraged to post updates of your salary cap situation after each add/drop/trade. The 3-pickup limit will not apply until the Monday of the first week of games for the season.

III. SALARY CAP (See Cap Tracker - https://goo.gl/SGdZ6K)

Your starting salary cap is $90 million ($85M if you used your Mortgage Exception last season, $100M if you use the Rebuild Exception). You have until the Monday of the first week of games to meet this requirement. If at any time you exceed the salary cap or break the rules, your team will be frozen from making roster changes (start/sit) but you can still add/drop/trade players to get below cap. As soon as you are back under cap, please alert one of our commissioners, so that we can unfreeze your roster. You can find player salaries here - http://www.basketball-reference.com/contracts/players.html. We use only a player’s active salary with his most current team. The minimum salary for a player is $1,000,000 for the purposes of this league, but may be decreased to zero with the use of a Salary Cap Exception.

IV. SALARY CAP EXCEPTIONS

There are 10 Salary Cap “Exceptions” that can help you meet the salary cap, but you can only use each Exception once per season, and each Exception has different requirements to activate. To use an Exception, you have to post a message saying which exception you're using. The exceptions are:

1. Rebuild Exception – In exchange for keeping no players, you can increase your max cap by $10M. In addition, using this Exception will bump up each of your draft picks by 1 spot, including all draft picks you traded for. Furthermore, using the rebuild exception will also wipe away any debt left over from using the Mortgage Exception the previous season, and allow you to re-acquire a previously dropped Bird player.

2. Larry Bird Exception – You may designate one Keeper “[K]” on your team with "Bird" rights. Doing so reduces that player's salary by $3M for this season, and an additional $2M for every season you continue to use this Exception on him, while designating him as one of your Keepers. [You cannot trade a player with Bird rights. If you drop a player with Bird rights, you must forfeit $5M in cap space for this season and you cannot reacquire this player again until you use the Rebuild Exception. You can change your Bird player from the previous season at any time prior to designating a player with Bird rights for this season. Doing so does not trigger the drop penalty.]

3. Development Exception – Before the end of Week 1, you may designate one Rookie that you drafted with the "Devo" Exception. Instead of paying his actual salary, you may "fix" that rookie's salary at (a) $10M for players selected in the top 5 picks of his draft class, or (b) $5M for players drafted afterwards, for every season you continue to use this Exception on him, while designating him as one of your Keepers. You may cancel this Exception at any time. Doing so reverts your player's salary back to its original amount. You may only have one player on your team designated with the Devo Exception at any given time. ["Rookie" means all players eligible for the Rookie of the Year award. If you drop a Devo player, his salary reverts to its original amount. However, if you trade a player you've used this exception on, the receiving team may choose to keep the Devo exception on that player, but only if that team has no other Devo player on their roster.]