Free agents may be signed at any time during the regular season. Players signed AFTER September 1 will not be eligible for post-season play during that season. Bidding on free agents is closed from the end of the regular season until bidding is reopened at a time and date announced by the commissioner.

Free Agent bidding will take place on the Discussion Board. The Discussion Board bidding will have the "24 -hour lead" clause. If an owner has the top total bid for a 24-hour period, he signs that player for said amount. The bidding for a player is over and no more bids may be placed at the time the 24 hour time period has elapsed, not when the commissioner posts the winning bidder.

The times posted on the message board header are the official times.

The season will be allowed to start even if free agent bidding is still in progress.

Length of contract can range from 1-7 years. Contract offers to free agents may not include player option years, team option years, or no-trade requirements.

No player (free agent or re-signed player) may be signed to a multiyear contract that extends beyond the age of 45. Example: Maximum number of years a 39 year old player may sign for is 7 (40 is 6, 41 is 5, 42 is 4, 43 is 3, 44 is 2, 45 is 1). Baseball Mogul has a mandatory retirement age of 45.

ONE YEAR FREE AGENT CONTRACTS:  Any FREE AGENT signed to a one year contract cannot be subject to renegotiation until after the trade deadline (July 31).

The minimum bid is $1500 per year.

Bids must be in multiples of $100 per year after the initial $1500. Example: Bids of $1600, $1700, $1800, $1900, per year are legal. Bids of $1625K, $1750K, $1875K, $923,264.72 per year are not legal.

Bids on a free agent may be withdrawn at any time prior to the end of the twenty-four hour period. To do so, simply post a message in the appropriate players thread stating that you are withdrawing your bid.

IF YOU WITHDRAW A BID ON A FREE AGENT, ALL OF YOUR BIDS ON THAT PLAYER ARE WITHDRAWN AND YOU GIVE UP ANY FURTHER RIGHT TO BID ON OR ACQUIRE THAT PLAYER DURING THE CURRENT YEAR FREE AGENT BIDDING.

If the top bid is withdrawn, the leading bid becomes the lowest previous bid that tops all other remaining bidders. See example below.

If the top bid is withdrawn, the twenty-four hour period starts over at the time of the posting of the withdrawal message.