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From: Antil11

This Post:
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276439.17 in reply to 276439.15
Date: 2/18/2016 8:18:25 AM
Antil Global B.C.
IV.19
Overall Posts Rated:
138138
one totally random algorythm ?

This Post:
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276439.19 in reply to 276439.16
Date: 2/18/2016 9:25:42 AM
Overall Posts Rated:
32293229
And what is the "actual market value" you speak of? I always wondered how GMs decide that a purchase has been made above "actual market value", if one lists the guy for $4m and someone else bids on him.


What if someone lists a guy for $10m and someone else bids on him? Or if someone lists a player at $1 and someone bids him up to $10M? Or $20M?

Basically, there are amounts that would be undoubtedly above the market value for a player, even if the purchaser is in no way connected with the seller (as occasionally happens with teams who are quitting and just overbid on players for whatever reasons they feel like). And if it can be established that a specific amount is above a fair market value, then it follows that at some point there is a reasonable market value, and that's a matter of judgment that our helpful and informed GMs (or occasionally, truculent ignorant ones like myself) have to ascertain.


This Post:
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276439.20 in reply to 276439.19
Date: 2/18/2016 9:42:40 AM
Overall Posts Rated:
14901490
Well my point is that "actual market value" is not an objective definition.

So in the context of "trading" being discussed here, the only way to assess a market value is to list the players at $1, then see where the bidding ends and let the 2 guys go ahead with the trade at the values reached on the market (plus cash from one side). If they can't, the winning bids get the players. It shouldn't really be left to anyone's judgment.

This Post:
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276439.21 in reply to 276439.20
Date: 2/18/2016 9:59:45 AM
Overall Posts Rated:
32293229
Well my point is that "actual market value" is not an objective definition.

So in the context of "trading" being discussed here, the only way to assess a market value is to list the players at $1, then see where the bidding ends and let the 2 guys go ahead with the trade at the values reached on the market (plus cash from one side). If they can't, the winning bids get the players. It shouldn't really be left to anyone's judgment.


Again, that assumes that there's not someone bidding outrageous amounts (either because of money transfers to friends or because they're quitting). If a 19yo announcer potential guy with 24 TSP is listed at one dollar and there's a bidwar for some unknown reason that raises the price to $500k, the seller is not in the long run going to get to keep the full transfer price and should definitely self-report that.

Anyway, we have rules. We have people who are here to interpret the rules. We have the appeals process for those who dispute the application of the rules. We generally don't discuss much more than that in public.