TEAM PAGE: Each GM will be responsible for posting and keeping their team page up to date. Your team page will have information such as your roster with each individual player's salary and dead money hit, your pending free agents, your draft picks, your trades, and your total team salary and dead money. You are required to keep this up to date at specific points of the season, failure to do so will result in loss of draft pick(s). There will be a "How To" thread posted in the Team Page sub-forum at a later date. PLAYER SALARIES: Salaries for individual players will be taken from OverTheCap.com. The only way a player's salary can change is if they restructure or extend their contract (must have an active contract in 2015 so free agents do not count) in real life before March 2. You can only use OverTheCap.com as a reference if you see a player who's salary has changed and you are responsible for keeping track. You must contact me before changing any contract numbers. You cannot trade for a player then change his salary even if he restructures in real life... it only applies to players originally on your payroll. ROLLOVER/EXISTING DEAD MONEY: There will be no rollover or existing dead money for each team. Each team will have the exact same salary cap they must stay under and they will begin the year with no dead money. CUTTING A PLAYER: There is a penalty for cutting a player (whether he was originally on your team or via trade), listed as “Dead Money” in the rosters handed out. If a player has a dead money value of $8,675,309 and you release him, the entire $8,675,309 is added to your cap. JUNE 1ST CUTS: Each team will be 2 allotted June 1st cuts. Each team will be able to release up to 2 players for half of their dead money charge. You cannot use this exception on a player signed in FA or traded for, nor can you re-sign a June 1st cut player. TRADING A PLAYER: Once a player is traded his entire cap hit is transferred to the acquiring team. A player can be traded twice without a dead money penalty. Any subsequent trades will involve the full dead money amount being charged to the cap of the team who traded the player. SALARY CAP: The salary cap for the GM League will be $150,000,000.00. You will need to be under this number by March 2 and stay under for the remainder of the year. The formula for this is the projected salary cap plus the average NFL rollover. This number may go up pending the salary cap of the actual NFL however it will not go down. ROSTER SIZES: There is no initial limit, but there will be a final cutdown time where rosters must be at 53 with an optional 8 man practice squad. YOU MUST HAVE EXACTLY 53 PLAYERS AT THAT TIME. FREE AGENCY: The 2015 GM League Free Agency process will be held in four parts: Cut Players, Re-Signing, Unrestricted, and Restricted. For more information on free agency, please visit the free agency sub-forum. DRAFT The 2015 GM League Draft will be begin on April 4. We will do a full 7 round draft. For more information on the draft, please visit the draft sub-forum. SCHEDULE 01/27/15 - Announcement of Firing/Retaining Coaches 02/01/15 - Teams Begin Signing Head Coaches 02/03/15 - Teams Begin Signing Coordinators 02/08/15 - Rosters Are Given Out, GMs May Post Team Pages & Make Trades 02/23/15 - Cut Free Agency Begins/Team Pages Must Be Up To Date 03/01/15 - Restricted Free Agency Tenders/Franchise Tags Due/Team Pages Must Be Up To Date [10:00PM ET] 03/02/15 - Re-Signing Process Begins 03/09/15 - Unrestricted Free Agency Begins/Team Pages Must Be Up To Date 03/10/15 - Restricted Free Agency/Franchise Tag Bidding Begins 03/19/15 - Restricted Free Agency/Franchise Tag Bidding Ends [10:00PM ET] 03/22/15 - Deadline To Match Any Tag/Tender Offer Sheets [11:00AM ET] 03/22/15 - GML Draft Begins/Team Pages Must Be Up To Date 04/25 10:00PM EST - Rosters Frozen; Must Be At 53 Players 04/26 12:15AM EST - Practice Squad Designations Begin 04/30 12:15AM EST - Practice Squad Designations End; Teams May Post Final Roster + Depth Chart 05/06 10:00PM EST - Final Rosters Due 05/07 12:15AM EST - Best Of Nominations Begin 05/11 12:15AM EST - Final Voting Begins 05/18 12:15AM EST - Winners Announced How Practice Squads Designations Work: Teams will publicly offer contracts to up to 10 players each day. Every day at 12:15AM EST, players will sign with the team that has offered them a contract. If multiple teams offer a contract to the same player, a randomizer will decide what team said player will choose. This process will last 4 days to give people a chance to fill their practice squad entirely. There will be no traditional bidding done in this format. Practice Squad Eligibility: A player is Practice Squad eligible if he does not have an accrued season in the NFL. You are allowed a maximum of two spots on the PS for players with no more than two accrued seasons. To have an accrued season, you have to be active for at least six regular-season games. A player can also go to the practice squad with an accrued season provided they were on the 45-man active roster for less than nine-regular season games. Please post any questions in this thread and I will answer them as soon as possible. Thanks.