Yup, you bid on a player, win him. The bids are sealed up, no more bidding for him. Lets just think of it as flying to your team. When the Redskins (my team) traded for McNabb, he didn't just show up at the Redskins front office. Just think of it as "Super-teleportation" It will take a while to get for him to get to your team but he will be there in no time.