Between the last day of the regular season and the first day of the following regular season, players may be moved between the reserve, active, and DL at no cost. Free agents may not be acquired during the offseason, but players may be waived. Trades may also be made, with the appropriate fees assessed for the next season.

During the season there will be a fee of $2.00 for each free agent acquisition. A $1.00 trade fee and a per player fee of $0.50 for each player involved will also be assessed on all trades, with a maximum cost of $3.00 per owner per trade. Waiving a player costs nothing.

A team starts the season with a $20.00 transaction credit. Each time a player is moved from the reserve to the active roster, the charge is taken from the credit. Once the $20 has been depleted, a fee of $1.00 will be assessed for each move between the active and reserve rosters.

During the offseason the size of your roster may not exceed twenty-nine players, but may contain fewer.

During the season a fee of $5.00 per player will be assessed for open roster spots (fewer than twenty-four (24) players), or for extra players (beyond twenty-four (24) players). Open roster spots throw off the value of the salary cap, and therefore are not acceptable. In accidental cases this fee may be waived, but only with sufficient evidence that the offense was not intentional.

All fees will be paid to the commissioner in a timely fashion.

Team A moves Brett Boone from their active roster to make room for Neifi Perez, a member of Team A's reserve squad. If the team has transaction credit remaining, no fee is assessed, otherwise a $1.00 charge is assessed .

Team B trades Bartolo Colon to Team A for Antonio Osuna, and Jeff Leifer. Team B owes $1.50, and Team A owes $2.

Team A then trades Bartolo Colon, Sammy Sosa, Barry Zito, Barry Bonds, and Kevin Milwood to Team C for Shea Hillenbrand. Team C owes $1.50, and Team A owes $3. (Team A's owner is also suspended by the comissioner.)

Team A waives Neifi Perez, who goes unclaimed, and picks up Charlie Hough (he could still pitch for the Rockies) from the free agent list Team A owes $2.

In the previous example, if team B claims Ozzie Guillen Team B owes $1

Open Roster spot example: In the second example above, Brett Boone is traded for two players. If team B does not call up a reserve, or acquire a free agent, they are assessed $5. Team A must move a player to their reserve squad, or waive one, to avoid having extra players and being assesssed a fee.

The draft will be held on the Sunday prior to the start of the baseball season (or as close as pssible). The draft will be held using an auction format as follows:

Beginning with team 1, each team will nominate a player to be auctioned. There is no specified order for players to be nominated, and any player who will or may appear in the major leagues may be nominated. The nominating team will propose an opening bid for the nominated player. A team may not pass on its turn to nominate a player without giving up its right to bid on the next player nominated.

The bidding will proceed, until a high bidder has been determined. A player may not be called back from the auction block, and no other players may be nominated until the high bidder is decided upon.

Bids may be in multiples of $0.25. No team may bid more for a player than its remaining salary cap figure. That figure requires that $0.25 be left for each remaining open roster spot, but no allotment must be made for reserves. For example, a team with 14 players, bidding on a 15^th, must have $2.25 left after their bid for the 15^th player. Otherwise they will not be able to fill their roster with nine (9) more players.

Between the end of the draft and the beginning of the regular season, players may be promoted, demoted, or moved to the disabled list at not cost. During this time, reserve rosters may be filled in a manner agreed upon at the draft.

Any player is eligible to be drafted unless signed to a long term contract (see below), or a player on a team's active roster at last year's trading deadline, that still has rookie status (fewer than 130 AB or 50 IP).

Each team's salary cap is $50.00. Player salaries must be in increments of $0.25, and are based on the auction value of the player. The cost of free agent pickups is determined as follows:

• Free agents picked up before the end of the week containg May 31 cost $0.50 against the cap.
• Free agents picked up after the week of May 31 but before the end of the week of July 31 cost $0.75 against the cap
• Free agents picked up after the end of the week containg July 31 cost $1.00 against the cap.

Reserves do count against the salary cap.

Players on the disabled list do not count against the salary cap.

A team may keep up to seven (7) players from one year to the next. These players must be 'signed' to contracts one month before the draft. Terms of these contracts are as follows:

1. The player must receive the greater of (if he's worth keeping . . . )

1. a raise of $0.50
2. a raise of 10% (rounded up to the nearest $0.25)
3. a salary of $1.00.

2. A team may not protect a player for more than two (2) consecutive years. (Thus every player is eligible to be drafted every three (3) years)
3. Trading a player does not reset the number of years in clause 2, a player clearing waivers does.
4. Any player signed to a long term contract must be on a team's active roster on the day of the draft.

The expansion draft will be held at least one month before the auction draft. All expansion team owners are required to attend. The draft will be as follows:

Protected lists must be sent to the commissioner seven (7) days before the day of the expansion draft. These lists may be conditional.

The expansion draft will last no longer than five rounds. Participating teams will randomly be assigned a number before the draft. Team 1 will begin the draft, with teams selecting in sequence. When the end of the sequence is reached, the next round will proceed in reverse order until it reaches Team 1. Subsequent odd numbered rounds will begin with team 1, and even numbered rounds will begin with the last team.

Players selected in the expansion draft become property of their respective teams and may be traded, signed to long term contracts, waived, or left unprotected.

Salaries of players drafted in the expansion draft will be determined by the salary they would have received from their previous team, as described above.

All returning teams may protect up to three (3) players from their current, active roster. These rosters must be submitted to the comissioner no later than seven (7) days prior to the expansion draft.

All players not protected are available to be drafted, along with all players from folded teams, and all players who ended the year as free agents. When a returning team loses a player to the expansion draft, that team may protect up to three (3) more players. If a second player is selected from a returning team, that team may protect all of its remaining players, and reserves.

During the regular season, rosters must consist of no more and no less than 24 players from both the American and National Leagues and their minor league affiliates, or independent minor leagues. No more than ten players may be pitchers, of whom no fewer than four may be starting pitchers (pitchers who started no fewer than 5 games last year, or this year, in the major and/or minor leagues). No more than 14 players may be position players. Each team must have one player for each infield position, and at least three qualifying outfielders. Each player must have played at least ten games (or 20% of his games, for players with fewer than fifty games) at a position in either the major or minor leagues last year to qualify for that position. Exceptions may be made when a player's future position change is publically announced by his team. Full time designated hitters can be used as utility players but not as specific positions such as 1B.

A typical roster:

2 C
1 1B
1 2B
1 3B
1 SS
3 IF
1 DH
4 OF
4 SP
6 P

In addition, each team would draft a reserve squad, of up to five additional major and/or minor leaguers the team expects to be called up during the year. Any one player placed on the DL must be moved to his team's DL or be released.

All of a team's active roster spots must be filled by the end of the transaction period. Any team with too many, or too few, players on their roster must pay a fine as described above.

All transactions reported to the commissioner's office before noon on Monday will go into effect at noon on that Monday. This includes trades, player movement between active and reserve status, waivers,and replacement of injured players.

Any team who wishes to drop a player must first waive that player.

(1) Each team will have an opportunity to claim that player, beginning with the last team in the standings the week the waiver is announced, with ties broken by a coin toss. Waivers before the first full week of a season has been completed will be based on the previous year's final standings.

2. A team claiming a player will pay $1 to the league, and that team will assume the salary due that player. The original team will owe nothing.

(3) Once a player has cleared waivers, he has been released. Released players become free agents.

The waiver period ends at noon on Monday, as with all transactions. However, players waived after 5pm Friday remain on waivers for the entire next week.

Any player traded after the 15^th day of August must first clear waivers (and be claimed only by their own team). All trades are subject to approval of the commissioner, who can be overridden by two-thirds vote of the owners.

The league will compile statistics on a weekly basis. The statistics used in this league will be as follows.

1. Batting Average; (H/AB)
2. Home Runs; HR
3. Runs Produced; RBI + R - HR
4. Stolen Bases; (2SB - CS)
5. OPS (OPS is SLG + OPB); TB/AB + (H+BB+HP)/(AB+BB+SF+HP)

1. Wins; (2W - L)
2. Strike Outs; K
3. Saves; S
4. Ratio or WHIP; (W + H) / IP
5. Earned Run Average; ER / IP / 9

Standings will be determined for each category. The first place team in each category receives one point, the second place team two points, etc. Total points for each team determine the overall standings, with the lowest total being the leader. Ties will receive average of tied positions (2 way tie for 2^nd and 3^rd will each get 2.5, 3 way tie for 2^nd, 3^rd, and 4^th each get 3, etc.)

The commissioner will retain $50 for statistics and fees.

Final payout will be as follows:

Category winner: $25 * 10 = $250

The remaining amount will be allocated as follows:

First place team: 50%

Second Place team: 30%

Third Place team: 20%