Post by Mets/WhiteSoxGM on Sept 23, 2006 16:34:36 GMT -4
1. A Trade Council Chairperson will be designated and a Trade Review Board will be established.
2. If an owner wishes to protest a trade, he shall privately send his protest to the Trade Council Chairperson. The protest must be sent within 48 hours of the confirmation of the trade.
3. Upon receiving the protest, the Trade Council Chairperson will post a poll, calling for a league vote on the trade. The vote would be to either veto the trade or allow the trade.
4. The voting period will be 24 hours from the posting of the poll. If more than 50% of the votes cast are to allow the trade, the trade is approved and no further action is required. Voters MUST post that they have voted as owners involved in the trade may NOT vote.
5. If 50% or more of the votes cast are to veto the trade, the trade proceeds to the Trade Review Board. The Trade Review Board shall consist of 3 owners, one of which shall be a Commissioner. The other two owners shall be selected at the time of the trade from a pool of pre-selected owners by a Commissioner, based on availability and non-involvement in the trade.
6. All trade parties, must promptly submit a PM, to the Chairperson, stating the reason(s) for doing the trade. This is NOT your analysis of the trade, but strictly your reason(s) for doing the trade.
7. Upon private submission of the PMs, the Chairperson shall forward the PMs to the Trade Review Board. The Trade Review Board shall review the information and a decision will be rendered, within approximately 24 hours. Their decision could be delayed, if the the situation warrants such action.
8. Upon reaching a decision, the results will be publicly posted by the Trade Review Board, along with any recommendations, if applicable.
9. A 2/3 vote by the Trade Review Board is required to veto a trade.
10. If a trade is posted and confirmed before the deadline and then protested, the trade shall be allowed even if the approval is reached after the deadline. If the trade is vetoed, it is too late to submit a revised trade even if the revised trade is in accordance with any Trade Review Board recommendations.
11. Initially the Brewers owner shall be the Trade Council Chairperson and shall also be the Commissioner serving on the Trade Review Board. If the Brewers owner is involved in the trade in question, the White Sox owner shall take his place in the review process.
2. If an owner wishes to protest a trade, he shall privately send his protest to the Trade Council Chairperson. The protest must be sent within 48 hours of the confirmation of the trade.
3. Upon receiving the protest, the Trade Council Chairperson will post a poll, calling for a league vote on the trade. The vote would be to either veto the trade or allow the trade.
4. The voting period will be 24 hours from the posting of the poll. If more than 50% of the votes cast are to allow the trade, the trade is approved and no further action is required. Voters MUST post that they have voted as owners involved in the trade may NOT vote.
5. If 50% or more of the votes cast are to veto the trade, the trade proceeds to the Trade Review Board. The Trade Review Board shall consist of 3 owners, one of which shall be a Commissioner. The other two owners shall be selected at the time of the trade from a pool of pre-selected owners by a Commissioner, based on availability and non-involvement in the trade.
6. All trade parties, must promptly submit a PM, to the Chairperson, stating the reason(s) for doing the trade. This is NOT your analysis of the trade, but strictly your reason(s) for doing the trade.
7. Upon private submission of the PMs, the Chairperson shall forward the PMs to the Trade Review Board. The Trade Review Board shall review the information and a decision will be rendered, within approximately 24 hours. Their decision could be delayed, if the the situation warrants such action.
8. Upon reaching a decision, the results will be publicly posted by the Trade Review Board, along with any recommendations, if applicable.
9. A 2/3 vote by the Trade Review Board is required to veto a trade.
10. If a trade is posted and confirmed before the deadline and then protested, the trade shall be allowed even if the approval is reached after the deadline. If the trade is vetoed, it is too late to submit a revised trade even if the revised trade is in accordance with any Trade Review Board recommendations.
11. Initially the Brewers owner shall be the Trade Council Chairperson and shall also be the Commissioner serving on the Trade Review Board. If the Brewers owner is involved in the trade in question, the White Sox owner shall take his place in the review process.