So the league rule is that loaning money is not allowed. A couple scenarios to consider:
Scenario 1: Team A trades Joe Blow and 4 million to Team B Team B trades Blow Jow to Team A with future considerations to pay Team A 4 million in the offseason
Essentially, a player swap happened and Team A has loaned Team B 4 million dollars until the offseason
According to the league, this is NOT allowed
Scenario 2: Team A trades Joe Blow to Team B Team B give future considerations to Team A to pay them 4 million in the offseason
While not technically a loan, since Team B doesn't have to pay until the offseason, you could argue that they are being loaned that money until then
According to the league, this IS allowed
Personally I find it a bit confusing that one type of loan is allowed and yet another is not. Either neither should be allowed, or both should be allowed.
The more I think about it, the more I think that Future Considerations should only be allowed to be picks as they are the only asset which does not give any benefit for temporary ownership.
any future considerations have to be approved by the league office. Situations you have listed have occured in the past and are NOT legitimate. ANy loaning of players/cash are reviewed at league level, and if their is something that doesn't sit right, it is declined.
So this is the rule? If it doesn't "Sit right" it's not allowed? Shouldn't we nail down some criteria of what is and what isn't allowed? I'm not a fan of subjectivity with respect to the rules in a pay league.
Well I think what bryce is trying to say is that any loaning of players for cash (or anything for that matter) is something that won't sit right- or will be declined. On the other hand you can't blanket all future consideration as some aren't trying to get around the system.
-- Edited by Sabres_Luke on Friday 12th of March 2010 12:46:03 PM
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I can only think future consideration being listed as prospects/draft picks with specific guidelines. Even if you say Team A trades 5 mil for a pick and after winning the cup trading the money back for the pick without league known future considerations, it's still going to happen behind the scenes.
