I admittedly haven’t done an auction league for a few years, so I smartly signed up for a money fantasy football dynasty auction league. In this dynasty league, the price you pay in auction ends up as the contract price you pay the player for the length of the contract plus an extra five percent each year (you can dole out contract lengths after the draft is over).
This auction features a slow 12 hour clock draft on myfantasyleague.com that resets every time a higher bid gets entered. Every team starts off with $300 of salary and each owner must roster 40 players with the option to hold five rookies or second year players acquired during the draft on their taxi squad. The advantage of using the taxi squad is that a team’s salary cap is only charged 10% of their contract.
Auctions are a lot like Texas Hold’em tournaments. They tend to last a real long time and good owners need to stay patient. I kept my patience for two and a half days, but then I decided to try to play the bully and that didn’t go so well. In my head, there needed to be a police officer making sure people paid the price for quarterbacks since it is a 14 team league that can play quarterbacks in a flex position aka “super-flex”. My roster already had Ben Roethlisberger and Matt Ryan. So I smartly tried to raise the price on Robert Griffin III and Ryan Tannehill since 17 quarterbacks got drafted. Let’s just say that I have four quarterbacks on my team (35% of my budget committed to that position).
Thankfully I glanced over the rules prior to drafting and did not notice that there is no trading during the draft. I can drop one of the quarterbacks before I sign them with no penalty, but I can’t do that until after the draft is over. The league may vote to allow trades the last week of preseason. I hope so, as my silliness with money management could be costly.
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