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Cooper34
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Post subject: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:42 PM PST
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Die-Hard Laker Fan

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Joined: May 22, 2008
Posts: 1368
   votes: 9
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Hard Cap for LTB for Season 3 is set at $80,000,000.(This is high compared to what it should be at).
What this means is that if your team is above $80,000,000, then you will face "Tax Penaltys".
Here are some of the Penaltys.
$1-$1,000,000 Over - You will not be allowed to Offer your MLE or LLE in the offseason...Only Min contracts.
$1,000,000 - $5,000,000 Over - You will loose exactly 75% of your cash balance, and it will be given to the team with the second worse record in the league.
$5,000,000 - $10,000,000 Over - You will loose your top pick in the draft and it will be given to the worst team in the league
$10,000,000 + Over - You will loose your star player for exactly half the season(60 days). |
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Last edited by Cooper34 on Jul 13, 2008 - 08:49 PM PST; edited 1 time in total
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Cooper34
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Post subject: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:43 PM PST
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Die-Hard Laker Fan

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Joined: May 22, 2008
Posts: 1368
   votes: 9
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| Basically if you are over the hard cap and dont want to get penalized then you better shed some salary. |
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Toronto Raptors GM
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Wilhelmthe1st
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Post subject: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:44 PM PST
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Die-Hard Laker Fan


Joined: Mar 26, 2008
Posts: 1001

  votes: 3
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| Yay! About time this gets put in. Makes everyone more cap cautious. |
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clouducla
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Post subject: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:45 PM PST
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Die-Hard Laker Fan

Joined: Sep 12, 2007
Posts: 1561
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warrenweelim
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Post subject: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:48 PM PST
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Laker GM


Joined: May 11, 2007
Posts: 2841
   votes: 31
Status: Offline
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| Coop, is the reckoning at any point in time? Or at season's end? |
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Cooper34
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Post subject: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:50 PM PST
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Die-Hard Laker Fan

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Joined: May 22, 2008
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| Before the Draft if any team is above that number they will be penalized. |
_________________ Sim League Commissioner
Toronto Raptors GM
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Wilhelmthe1st
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Post subject: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:52 PM PST
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Die-Hard Laker Fan


Joined: Mar 26, 2008
Posts: 1001

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Status: Offline
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Cooper34 wrote:
Before the Draft if any team is above that number they will be penalized.
Do expiring contracts come off your roster before or after the draft? |
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warrenweelim
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Post subject: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 08:58 PM PST
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Laker GM


Joined: May 11, 2007
Posts: 2841
   votes: 31
Status: Offline
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| its after will. It means u have to be lower than 80m b4 the deadline. |
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Wilhelmthe1st
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Post subject: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 09:00 PM PST
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Die-Hard Laker Fan


Joined: Mar 26, 2008
Posts: 1001

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warrenweelim wrote:
its after will. It means u have to be lower than 80m b4 the deadline.
Well I'm in no trouble, just wondering in general. Thanks warren. |
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LA_85
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Post subject: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 11:04 PM PST
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Big-Time Laker Fan


Joined: Feb 05, 2008
Posts: 736
Location: Inglewood

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wait wait wait... why?
the penalties arent on the same levels as the infractions.
do all 3 things happen or is it just one?
this starts next year right. since nobody knew the penalties. |
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Wilhelmthe1st
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Post subject: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 13, 2008 - 11:11 PM PST
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Die-Hard Laker Fan


Joined: Mar 26, 2008
Posts: 1001

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LA_85 wrote:
wait wait wait... why?
the penalties arent on the same levels as the infractions.
do all 3 things happen or is it just one?
this starts next year right. since nobody knew the penalties.
My guess would be that it's just one. And it starts this year, it's just the penalties get handed out right before the draft, so you have time to shed some salary. |
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Lbushnell
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 14, 2008 - 12:21 AM PST
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Die-Hard Laker Fan


Joined: Jul 31, 2007
Posts: 1320
  votes: 5
Status: Offline
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| So do I get 75% of a bunch of peoples money because I have the second worst recond in the league? |
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A.J_BlackMamba
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 14, 2008 - 12:27 AM PST
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Casual Laker Fan


Joined: Jul 07, 2008
Posts: 124
      
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A.J_BlackMamba
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 14, 2008 - 12:45 AM PST
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Casual Laker Fan


Joined: Jul 07, 2008
Posts: 124
      
Status: Offline
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| hey lbushnell dont be proud cause your team stinks |
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Lbushnell
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 14, 2008 - 12:55 AM PST
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Die-Hard Laker Fan


Joined: Jul 31, 2007
Posts: 1320
  votes: 5
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| lol... I guess I dont get any money... But usally Penalties become effective at the start of the season... not at the end. |
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tyler
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 15, 2008 - 01:10 AM PST
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Big-Time Laker Fan

Joined: Jun 13, 2008
Posts: 825
     votes: 1
Status: Offline
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| if we are over 10M do all of those things happen or just the one in the category |
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Cooper34
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 22, 2008 - 06:30 PM PST
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Die-Hard Laker Fan

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Joined: May 22, 2008
Posts: 1368
   votes: 9
Status: Offline
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| hard cap penalty's will be changed a bit......and no you only get one thing happen......this is just so you get an idea of whats coming to you. |
_________________ Sim League Commissioner
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tyler
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Post subject: RE: Re: RE: Re: RE: Re: RE: Hard Cap Rules and Penaltys!!
Posted: Jul 22, 2008 - 06:49 PM PST
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Big-Time Laker Fan

Joined: Jun 13, 2008
Posts: 825
     votes: 1
Status: Offline
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| not me!!!!lol I will be under |
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