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Post by natew4041 (Nate, BAL) on Dec 22, 2017 0:49:39 GMT -5
9.9 2021 (7.9 after discount)
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Post by meidathemenace (Brian, CWS) on Dec 22, 2017 7:50:08 GMT -5
$10.0 2021
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Post by natew4041 (Nate, BAL) on Dec 22, 2017 16:16:15 GMT -5
10.1 (8.1 after discount)
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Post by meidathemenace (Brian, CWS) on Dec 22, 2017 17:03:54 GMT -5
$16 2021
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Post by Rangers GM (Stephen) on Dec 22, 2017 17:28:14 GMT -5
10.1 (8.1 after discount) This bid is invalid (no contract year quoted) and will be voided. As only one subsequent owner has bid, the auction will be reset to the bid immediately prior to the invalid bid. The 24hr clock starts again now. This is the Orioles first invalid bid, so there is no penalty. (This post will be edited at a later time to explicitly specify the relevant rule numbers). Sent from my SM-A310F using proboards
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Post by natew4041 (Nate, BAL) on Dec 22, 2017 18:18:12 GMT -5
10.1 2021 (8.1 after discount)
My apologies, on my phone
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Post by meidathemenace (Brian, CWS) on Dec 22, 2017 18:21:44 GMT -5
$10.2 2021
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Post by gepetto69 (Stuart, LAD) on Dec 22, 2017 18:26:01 GMT -5
I believe this is the current and valid bid right??
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Post by Admin on Dec 22, 2017 18:34:56 GMT -5
We get to use our newly voted portion of 5.13.2.
Because the invalid bid was surpassed by only one other bidder, the auction reverts to the last leading bid before the invalid one.
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Post by meidathemenace (Brian, CWS) on Dec 22, 2017 18:34:59 GMT -5
No, see Rule 5.13.2
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Post by todd (Todd, OAK) on Dec 22, 2017 21:38:47 GMT -5
My understanding, for clarity, is that rule 5.13.2 doesn’t apply because there were not multiple bidders beyond the one invalid bid. (Invalid bid PLUS two or more bidders.)
Thus, when the $10.1M bid was invalidated, that restored CHW’s $10.0M bid. Then BAL appropriately bid $10.1M which CHW outbid with $10.2M.
So, I believe the current/ active bid is: $10.2M 2021 to Chicago White Sox
Need LM to confirm interpretation.
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Post by Admin on Dec 22, 2017 21:46:08 GMT -5
We’re all on the same page. The second half of 5.13.2 does apply. There have been two bids since the auction was reset. The current leading bid is:
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