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Thread: Banking Rules

  1. #1
    Join Date
    Jan 2007
    Location
    Southern California
    Posts
    26,790

    Banking Rules

    Please post your old total and new total every time you update your bank! This will make my job of tracking all bank totals easier. Also, you must post links every time you add from something like a trade, bet, or from live sim bonuses.

    FROM NOW ON I WILL NO LONGER INPUT YOUR SPENDS IF YOU DO NOT ABIDE BY THESE VERY SIMPLE AND EASY TO FOLLOW RULES


    ALL CLAIMS MUST BE POSTED ONCE THE SEASON IS FINISHED

    Season Soft - Luxury - Budget
    1995-1996 - $42M soft cap - $62M Luxury threshold - $75M Budget
    1996-1997 - $45M soft cap - $62M Luxury threshold - $68M Budget
    1997-1998 - $45M soft cap - $62M Luxury threshold - $69M Budget
    1998-1999 - $45M soft cap - $62M Luxury threshold - $70M budget
    1999-2000 - $48M soft cap - $65M Luxury threshold - $72M budget
    2000-2001 - $48M soft cap - $65M Luxury threshold - $75M budget
    2001-2002 - $51M soft cap - $68M Luxury threshold - $80M budget
    2002-2003 - $54M soft cap - $75M Luxury threshold - $85M budget

    League Minimum Salary is 2/3 the Soft cap (S2 = $30M)
    Post your claims at the end of the post-season. If you pay somebody to do your claims, those claims are final - if they missed something, you have nothing to complain about. Do your own claims instead of paying others to do them for you if you want to get every dollar possible.

    REWARDS ARE BACK!

    SEASON ACCOMPLISHMENTS:

    Player of the Week - $100k
    Player of the Month - $300k
    Rookie of the Month - $350k

    All-Star Game Participant - $250k
    All-Star MVP - $500k
    3-point & Dunk Contest Contestants - $100k
    3-point & Dunk Contest Winners - $250k
    Rookie/Sophomore Game - $100k
    Rookie/Sophomore MVP - $250k

    All-League First Team - $750k
    All-League Second Team - $400k
    All-League Third Team - $150k
    All-Defensive First Team - $500k
    All-Defensive Second Team - $300k
    All-Rookie First Team - $350k
    All-Rookie Second Team - $200k

    Defensive Player of The Year - $750k
    6th Man of The Year - $500k
    Rookie of The Year - $500k
    Most Valuable Player - $1.5m

    LEAGUE LEADERS:
    League Leader in any category - $200k
    Ranked 2-5 in any category - $100k
    Ranked 6-10 in any category - $75k

    TEAM STAT LEADERS:
    League Leader in any category - $250k
    Ranked 2-5 in any category - $150k

    Team Accomplishments: Exclusive, not cumulative.
    Win between 0-10- -$20 million
    Win between 11-25- -$10 million
    Win between 26-39- Nothing
    Win between 40-54- +$10M
    Win between 55-64- +$15M
    Win 65+ games----- + $25M

    Playoffs: Exclusive, not cumulative.
    $1m for Making the Playoffs
    $2.5m for Winning 1st Round
    $5m for Winning Semi-Finals
    $7.5m for Winning Conference Finals
    $15m for Winning League Championship

    GM of the Year - $2m

    Your regular season non-cumulative claim can be added to your playoff claims.


    The salary floor is 2/3 the soft cap. If you do not reach the salary floor, you will be penalized a $10M deduction from that year's claims. The money collected from teams that did not reach the salary floor will be divided up among the teams that were between the floor and tax threshold, but did not make the playoffs. You may claim every dollar you do not spend from your budget, minus the fee, but the luxury tax system will help the "treadmill" teams to gain advantages in cash if you do not meet the salary floor.

    Tax offenders:
    Every year you go over the luxury tax threshold, you must pay the luxury tax.

    First year offenders pay dollar for dollar. For example:

    Say you spend $65M in salaries and you are $5M over luxury threshold with a $70M budget. You are left with $5M, but you must also pay the tax. $60M tax threshold - $65M team salary = -$5M you then must subtract the $5M from your claims, leaving you with $0

    Second year offenders pay 2x this amount, third year offenders 3x, and so on.

    Any money spent by tax paying teams will be added to the penalty money from teams failing to meet the salary floor. This money will be divided up at the end of the claim period among teams not making the playoffs, but not failing to reach the salary floor.
    Last edited by theGhost-isGone; 06-16-2016 at 01:30 AM.

    This is how we do it! I still believe



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