Owners will build their teams with an auction draft as described below: Unless otherwise agreed to by a majority of league owners, the auction will be conducted on Sunday August 19, 2007 at 7:30 PM Eastern in an AIM Chat room, "UFFL Auction". The first nomination will be made at 7:40 PM. Each Owner is allotted $200 as a salary cap for building his team and MUST draft 18 NFL players/defensive teams*. Nomination order position will be determined by the commissioner at a time no later than 72 hours prior to the auction. The minimum bid is $1 and all increases to that bid have to be in whole numbers (i.e $2 or $3). All owners are required to make a nomination when their turn to do so comes up. Once no remaining owners can spend more than $1 for a player (i.e. $5 of salary cap left and 5 players to get), a standard serpentine draft will begin. Draft picks in odd numbered rounds are selected in the order 1 through 12. Draft picks in even numbered rounds are selected in the order 12 through 1. The salary for players selected in the serpentine draft is $1.

Restricted free agents are auctioned first. The owner of the restricted free agent does not participate in the bidding. After the bidding stops, the owner who made the player a restricted free agent must decide if he will buy the player at whatever price was set by the high bid by typing "match" or force the person who submitted the highest bid to purchase the player at that bid price by typing "pass". Once all these restricted free agents have been auctioned, the remainder of the auction proceeds as normal with owner #1 (see the nomination list) nominating a player for $1. The owner may bid more than $1 if he so chooses. Bidding is then open to all owners, who may place their bids on the player at their own leisure. This is called "open court" bidding and it continues until only one owner is left with the high bid for the player in question. I will use "?" for the call "Going Once", "??" for the call "Going Twice" and "Sold" to end all bidding on that particular player. All bids appearing after "Sold" is displayed on the screen, are not accepted. The player's new salary is recorded and applied towards that owner's salary cap. In the event of a tie bid between two owners and neither one willing to break it, by bidding higher, the player goes to the owner whose bid appeared on the screen first. After a player is awarded, the next owner in the nomination order begins the process again by nominating another player. The next owner in the nomination order MUST nominate a player unless he was the highest bidder on the previous nomination. In this case, the owner may pass on making a nomination. An owner may not make a bid for a player that would not leave him enough available cash reserves to draft a complete team. For example, an owner with $5 left under his salary cap and with 4 players left to draft to reach the minimum roster limit may not bid more than $2 for one player and $1 for the three remaining players. If you type in a bid you didn't mean to send .... follow it up with a retraction of some sort. If somebody gets knocked off line, the auction will stop at that point as we allow that owner to get back on line. The waiting period for this to happen will not exceed 5 minutes and we will not stop more than once for the same owner. A salary update is usually initiated during this stoppage.

Each owner will have a maximum of 30 seconds between nominations and 1 minute between selections/draft picks. The commissioner also reserves the right to call a timeout at any time in order to restore order or just for the sake of taking a break.

*The time limit for the auction is five hours At 12:30 AM EST, the auction will be halted. Owners with less than 18 players on their roster will pick the rest of their players via e-mail within 24 hours. Order will be reverse order of the nomination order. These players will have a salary of $7 and owners may go over the $200 salary cap.

The key to success for an auction draft will be preparation. Be sure to have some sort of cheat sheet, nomination list, auction values or budget sheet, pencils, and paper.

Salary cap rosters and draft summary will be available on the web site the following day.