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simleaguer
Commish/Simmer
Joined: 18 Nov 2007
Posts: 1654
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 Posted: Thu Nov 06, 2008 6:40 pm Post subject: DEBT RULE |
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Every season each team will be alotted up to $2000 as loan. It is up to the team to use it whichever way it wants to. The team doesn't have to take the loan if it doesn't want to. But the debt must be payed off in exactly 1 full sim season. The loan resets after the offseason back to $2000. No carryovers from the previous season. No longer than that. The debt deadlines would look like this:
Deadline for Loan Taken before Sim 4: End of League FInals/Before Draft Lottery
Deadline for Loan Taken after Sim 4: End of Offseason/Before Sim #1
The deadline to take loans is before the Final Sim (Sim 8). The penalty for not repaying the debt is the same as the hardcap i.e. you top scorer will be waived and put on the worst team |
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rayboi8
Joined: 02 Aug 2008
Posts: 934
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| Posted: Mon Nov 10, 2008 4:32 am Post subject: |
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so can i take out a loan even if im not making any trade?
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07-08: 49-33, out 2nd round |
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MikeDead
Site Administrator
Joined: 11 Dec 2006
Posts: 13625
Location: Cambridge, Massachusetts
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| Posted: Mon Nov 10, 2008 8:55 am Post subject: |
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| rayboi8 wrote: |
| so can i take out a loan even if im not making any trade? |
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Boston Celtic's GM
08'-09' Season: 40-42, Eliminated In Second Round, Game 7 |
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simleaguer
Commish/Simmer
Joined: 18 Nov 2007
Posts: 1654
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| Posted: Mon Nov 10, 2008 4:00 pm Post subject: |
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You can take a loan whenever you want to and for whatever you want to. Just make sure to pay it back before the deadline. Post in the "Loan Bank" Thread for that.
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