ORFFF 2016 PS Auction thread

The trade period will close at midnight on the night of Tuesday March 15th.
Read more at http://tooserious.net/forum/threads/2016-pre-season-trade-thread.89277/#fPymxWaitKlGQvB3.99

Ive drafted these rules for ORFFF auctions, which are based on the ORFFA rules. Please let us know if you have any thoughts on them...

An “Auction thread” will be posted during the trade periods prior to drafts.
Coaches may post a player or players or draft pick or picks or any combination of these as a package to auction in this thread.
All players or picks to be auctioned should be listed with a closing day/time, and they cannot be withdrawn before that time.
No player or pick being auctioned should be the subject of private trade negotiations nor used as part of a bid in another auction, until the auction of that player or pick has reached it's conclusion/closing time, with or without a sale.
The initial posting of a reserve is optional and the reserve is not reached on any auction until the seller says so.
Once a bid is tabled the bid is live until rejected OR deemed beaten by the person conducting the auction, it cannot be materially altered once tabled.
No bid can be conditional on outcomes not directly related to the auction at hand.
Once a reserve has been reached the seller has the option to adjust the auction length, but to no less than 48 hours, or the end of the trade period, whichever is the lesser.
As soon as practical after receiving multiple bids on an auction the seller should indicate whom is in front, any reasoning is optional.
All auctions are final and irreversible unless vetoed as per 4(e) or via a subsequent mutually agreed trade between the parties (which would also be subject to a veto period).

 

Im guessing this will be a fair way off the money, but I'll kick things off...

I'll bid Sam Colquhoun of Port Adelaide, & my 2nd round 2016 MSD pick

 

I'll bid K Turner and my 1st round MSD pick for K Simpson.

 

Good question. I was thinking about this last night. The rules arent exactly clear enough, because someone should be able to improve their bid if it seems obvious to them that they've been outbid.
What do you all think?

 

just using the above bid as an example is it within the rules to bid "Sam Gray and 2nd round 2016 MSD pick in exchange for Kade Simpson and 4th Round 2016 MSD" which would be "asking" for a pick back from the Auctioning party but potentially allowing someone to get a better return for the main item ?

 

in theory improving a bid would be fine - ie bidding MSD pick 23 when you have already bid MSD pick 39 is clearly an improved offer

however when the items are apples instead of oranges it gets harder to be clear whether something is a better offer - ie bidding MSD pick 16 when you have already bid a 2017 5th round PSD pick - in that case it would make sense (to me) that BOTH offers should stand until the auctioning party can advise which offer they prefer

 

Have to say i'm not a fan of this suggestion.
Smacks of negotiation. If you want to negotiate then deal via convo.

For mine, an auction is the auctioning party putting an item(s) on the table and the masses bidding for displayed item(s).
You don't go to Christies and bid $15,000 on Lot 53:an antique dresser on the condition that they throw in an unlisted mahogany armwa and a carton of Coopers stout!

Granted it's not stated in the rules, just my 2c.

 

This is my understanding too.
Does it need to go in the rules?

 

I actually hadn't meant to suggest anything - although I can see how it reads that I have !

It is certainly handy to know what is and isn't permitted in advance so that we avoid any non-conforming bids.

 

I think it could be argued it's simply a price adjustment.
ie the value of the trade might be 1000, but as I don't have assets worth that I'll offer you assets worth 1200 if you give one back that's worth 200.
I don't see a problem with it tbh, it can always be rejected, feels like a rule for a rule's sake.

 

As implied, just my view. If differing opinions then...hail democracy.
Could be a poll for a poll's sake though

 

Once on an auction does a player have to traded at the end of it?

How do you decide which trade is better - is it solely down to the coach auctioning the player?

Already there's negotiating...in an auction? Rushed and confusing. Put me down already for canning this next year.

 

my understanding would be no, the auctioning party would need to state whether or not the leading bid has met reserve and if so then the auctioned item has to be moved

I am not sure exactly what happens if the leading bid doesn't meet reserve and no better offer comes along but the auctioning party wants to complete the trade, presumably this would come down to a private negotiation post auction

 

Exactly