Auction How To

MyFantasyLeague.com offers three ways for your league to hold its preseason auction.

1. Online MyFantasyLeague.com-hosted email auction (taking days or weeks to complete).

2. Online FantasyAuctioneer.com-hosted live auction (taking hours to complete).

3. Offline auction.

1. Online MyFantasyLeague.com auction. This scenario involves using the MFL league site to directly hold your auction and is designed for auctions taking days or weeks to complete.

Pros:	Owners can be geographically dispersed
	Offers a quick, interactive way to hold your auction
	Reduced risk of error
	No need to manually record the winning bids twice
	Supports all MFL positions, varied auction funds (per franchise), and proxy bids
Cons:	Requires all (most) owners have access to the Internet
	Not as efficient/intuitive for a quick auction taking hours to complete

2. Online FantasyAuctioneer.com auction. This scenario involves using the third-party FantasyAuctioneer.com site to hold your auction and is designed for auctions taking hours to complete.

Pros:

Owners can be geographically dispersed

Offers a quick, interactive way to hold your auction

Reduced risk of error

No need to manually record the winning bids twice

Cons:

Requires all (most) owners have access to the Internet

Requires importing FantasyAuctioneer.com auction results back to your MFL league (contact the MyFantasyLeague.com support staff via your "Help > How To Get Additional Help" page to do this)

Requires all browser be enabled to support Java

Extra charge required for third-party application

Does not support these MFL-auction features:

•	Coach, TMQB, FB, TMTE, KR, TMPK, PN, TMPN, TMDL, TMLB, TMDB, ST and Off positions

•	You should check with the FantasyAuctioneer.com site to see what other league rules you have that they may not support.

3. Offline auction. In this low-tech approach where all members are together for the auction, one person simply records all the winning bids and the corresponding amounts. At the completion of the auction, the commissioner must use the For Commissioners > Setup > Load/Unload Rosters screen to manually enter in each team's wining bids and (optionally) the For Commissioners > Setup > Enter Player Salaries/Contracts screen to specify the corresponding bid amounts.

Pros:	Draft can be held anywhere (no PC required)
	No prep work necessary
Cons:	Most manual labor required (double entry of winning bids)
	Greatest risk of error
	Requires all owners to meet at one location

Detailed Steps for an Online Auction using MyFantasyLeague.com

(Before the auction)

1.	Go to the For Commissioners > Setup > General League Setup screen to define the parameter "At the start of the season, rosters are determined by" to use the setting "On-line, email auction, taking several days/weeks to complete."

2.	Define your auction start date & time using the For Commissioners > Auction Setup > Auction Start Date/Time Setup screen.

3.	Go to the For Commissioners > Auction Setup > General Auction Setup screen to define initial auction parameters.

4.	(Optionally) Go to the For Commissioners > Setup > Abilities Setup screen to enable owners the ability to place players up for auction.

(During the auction)

5.	The commissioner (and optionally the other franchises) use the For Owners > Auction Bid screen to place bids on players.

(After the auction)

6.	There's nothing required to do after an online MFL auction as all the data is already defined for your league.

Detailed Steps for an Online Auction using FantasyAuctioneer.com

(Before the auction)

1.	Go to the For Commissioners > Setup > General League Setup screen to define the parameter "At the start of the season, rosters are determined by" to use the setting "None of the above - commissioner will use the Load/Unload Rosters option to load franchise rosters.

NOTE: MFL support staff will actually import these rosters automatically for you upon request.

Go directly to fantasyauctioneer.com to set up a new auction. You will need to ensure that your franchise names and franchise email addresses are exactly the same as what you've already defined for your MFL league. Note that fantasyauctioneer.com is a separate site from MyFantasyLeague.com, and you will be billed for their service accordingly.

(After the auction)

The commissioner needs to send contact MyFantasyLeague.com support via your league's "Help > How To Get Additional Help" page to request that his/her FantasyAuctioneer.com results get imported into his/her 2008 MFL league. It is imperative that this email be sent from the commissioner-defined address (for verification) and that the 5-digit MFL league ID be included.

Detailed Steps for an Offline Auction

(Before the auction)

1.	This is the simplest type of auction to prepare for as it really only requires something to record the picks with and some form of auction timer. This is typically designed for auctions taking a few hours to complete.

(During the auction)

2.	Have owners on a rotating basis select a player to be auctioned. Complete one auction before moving on to the next.

(After the auction)

3.	Go to the For Commissioners > Setup > General League Setup screen to define the parameter "At the start of the season, rosters are determined by" to use the setting "None of the above - commissioner will use the Load Rosters option to load franchise rosters."

4.	Use the For Commissioners > Players And Rosters > Load/Unload Rosters screen to populate each franchise's roster

(Optionally) If your league carries over the winning auction bid amounts to be used as a player's initial salary for use in a salary cap league, enable the General League Setup option to "Track Player Salaries and/or Contracts" and then use the For Commissioners > Salary Cap Setup > Enter Player Salaries/Contract screen to define the starting salary for each auctioned player.