Rules and Regulation

Every league needs rules, right?

Although each team is allowed to make their own decisions, they are responsible for following this list of league mandated rules.

'Fantasy' Draft rules:

A 15 round 'fantasy' draft will be held prior to the beginning of the NBA 'fantasy' season. All 30 teams will be required to participate and build their rosters through a 15 round draft. All prospects will be pooled into free agency. Teams must select from the players listed in this free agency pool.

Draft order will be randomly selected by an NBA Alumni on live television (stay tuned for the draft lottery).

Once the team's have selected their players, they are subject to the following rules. below.

Each team must draft 15 players.
Each team must spend $50 Million on player salaries. Any team that fails to spend $50 Million will be subject to a fine. Further, no team can spend over the $50 Million cap.
Each team must sign their players to a 1 year contract.
Each team will be given the opportunity extend a maximum of 5 players' contracts. Of these 5 contracts, only 2 of them can be extended 2 years. The other 3 contracts can only be extended 1 year. (i.e. Team A can have three players signed on for 2 seasons and two players signed on for 3 seasons.)

Player's Salaries:
Players will be guaranteed contracts (per previous CBA rules)
Players will be guaranteed a minimum contract of $1.5 Million annually.
Players' contracts can not exceed $15 Million annually.

By following these rules, the league is ensuring competitive balance and economic security.

Teams are now required to make calculated decisions.

As John P. Kotter, the regarded Harvard Business professor once said:

"Leaders establish the vision for the future and set the strategy for getting there."

Who is going to set themselves up to be successful for both the short and long terms?

Buckle up, it's going to be a fun ride!!