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A slow auction

Posted: Mon Feb 02, 2009 9:36 am
by Coltsfan
There seems to be some interest in starting a slow auction for 2009. I assume that Greg would need to approve the league but I'm guessing that won't be a problem. We can actually host the auction right here on this site - it should be fairly easy to do. Here's my ideas but let me know what you think.

The entry fee and payouts would be the same as the slow draft with $125 entry, 2nd place getting their money back, and 1st place winning the remainder after expenses.

The auction would start in the next week or so. We would set a turn order to nominate players and do it in a serpentine fashion just like a regular auction. The first day we would have the first 4 players nominate somebody and those players would be auctioned off the following day. Each player would have $208 to spend with a standard DC roster of 26 spots and standard nffc scoring.

Bidding would go the entire day until 10:00 central time in the evening. At that point in time the high bid wins. If the post is at 10:01 then it is not a valid bid. In the event of a tie then the first bid wins.

The next day we would have the next 4 players nominate their 4 guys to auction with the bids once again starting the following day. It will rotate like this until all 364 players have been auctioned. This process will last 6 months and should be a whole lot of fun. It will definitely keep the boards interesting through the spring.

The great thing about this will be the strategy in who to bring up when. Do you bring up Leinart early in case Warner retires? Is Derrick Ward a guy to bring up right away before his situation is clear? Some guys may go for huge discounts early due to timing while others may be way over valued right now. After the nfl draft we would then be able to bring up the rookie players to auction but until then they won't be bid on.

These are just my thoughts. I don't want to beat it all to death but if there are improvements to be made to this then let me know. I'll start a signup list and maybe we can get this rolling in a week or two. If so we'll be done mid July by the time the main satellites get started. :D


1. Coltsfan - Wayne Ellis
2. Hammer
3. Route C
4. Bob Swallows
5. kapefear
6. Follow me
7. Rob B
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[ February 02, 2009, 09:48 PM: Message edited by: Coltsfan ]

A slow auction

Posted: Mon Feb 02, 2009 9:43 am
by hammer
sign me up

A slow auction

Posted: Mon Feb 02, 2009 10:32 am
by Route Collectors
I'm in Wayne!

A slow auction

Posted: Mon Feb 02, 2009 1:43 pm
by moyer1313
I we can move the 10 PM deadline to later in the evening to accommodate those of us that work 2nd Shift, then I am in.

Thank you,
Mark
Follow Me

A slow auction

Posted: Mon Feb 02, 2009 1:57 pm
by Coltsfan
Originally posted by Follow Me:
I we can move the 10 PM deadline to later in the evening to accommodate those of us that work 2nd Shift, then I am in.

Thank you,
Mark
Follow Me That's fine with me - what time do you need it?

A slow auction

Posted: Mon Feb 02, 2009 2:07 pm
by kapefear
Sign me up please.........Someone check with Diesel.He's an "auction" guru.....Way to keep the fantasy football season going.........

A slow auction

Posted: Mon Feb 02, 2009 2:26 pm
by moyer1313
Originally posted by Coltsfan:
quote:Originally posted by Follow Me:
I we can move the 10 PM deadline to later in the evening to accommodate those of us that work 2nd Shift, then I am in.

Thank you,
Mark
Follow Me That's fine with me - what time do you need it?
[/QUOTE]Wayne,

11 PM would work for me, but I think there were at least 2 others that were in the other draft that may need a time later than that.

Thank you,
Mark
Follow Me

A slow auction

Posted: Mon Feb 02, 2009 3:08 pm
by Coltsfan
I'm a little reluctant to go too late. It might make it harder for those on those east coast to stay up and bid (assuming they might want to wait until the last minute.) I think 11 should work fine.

We're up to 5 now! Should I add you in Mark? Also, didn't Rob say he wanted in?


Wayne

A slow auction

Posted: Mon Feb 02, 2009 3:36 pm
by moyer1313
Originally posted by Coltsfan:
I'm a little reluctant to go too late. It might make it harder for those on those east coast to stay up and bid (assuming they might want to wait until the last minute.) I think 11 should work fine.

We're up to 5 now! Should I add you in Mark? Also, didn't Rob say he wanted in?


Wayne Wayne,

If we are at 11 PM, then I am in.

Thank you,
Mark
Follow Me

A slow auction

Posted: Mon Feb 02, 2009 3:41 pm
by Ted's Cracked Head
I am definitley IN. Very cool.