Every day from August 6 to September 6, one team will be posted for bidding per day.
Anyone can participate as long as they follow the rules below.



Duration
All auctions will end at 10pm EST on the day listed above. Auction threads will be posted roughly 24 hours in advance of their end time. If a post is time-stamped at 10:01pm EST, then it is too late.
In addition, if a bid is placed in the final 30 minutes of the auction, the auction will be extended 30 minutes until there is no bid for a solid 30 minutes. This helps prevent auction sniping.

Payouts
Payouts are as follows:
• SB Winner: 65% of pot
• SB Loser: 25% of pot
• WC Winners: 1% of pot
• Non-SB playoff teams: 250fg (courtesy of Ianarky)
• #1 Overall Pick: 6% of pot (if it's a traded pick, it goes to the original team who owned the pick)


Minimum Bids
Minimum bids vary as follows:
• If the previous bid is 299 or less: minimum bid is 25 fg
• If the previous bid is 300 to 899: minimum bid is 50 fg
• If the previous bid is 900 or more: minimum bid is 100 fg
All bids below the minimum amount will be ignored.

Bidding
All bids must be posted in-thread. You cannot retract a bid.
You cannot bid an amount of fg greater than the amount you currently possess, nor can you place bets elsewhere with fg you are bidding. This is overbidding. All overbids will be ignored, and you will be banned from participating in all future auctions.
Edited posts/bids will be ignored except for the following: if you make a post in the 30 minutes before an auction ends and then edit it after 10pm EST, you will be banned. I don't care what your post said.

Winning
Whoever has the highest bid at the end of the auction wins the team.
Once you win an auction, you have 24 hours to send your fg to Mangina. Otherwise, the team will be sold to the next-highest bid or re-auctioned if necessary. If you do not pay for a team that you win, then you will be banned from participating in all future auctions.
You may bid on and win as many teams as you like, but you cannot own more than 3 teams. (you can donate teams to other people at any time, such as if you win a 4th team)
Sold teams and prices can be found in this thread.
If you give/sell a team to someone else, please confirm (cd) the transaction in this thread or in the team's auction thread.
If you have any questions about anything, ask.

Auction History
2016 Auction Thread
Total Pot: 52,566
SB Winner: Patriots sold for 6,600; won 34,167 (1:5.17 odds)
SB Loser: Panthers sold for 5,000; won 13,141 (1:2.62 odds)
#1 Pick: Browns sold for 1,200; won 5,256 (1:4.38 odds)

2015 Auction Thread
Total Pot: 27,318
SB Winner: Broncos sold for 3,500; won 17,912.45 (1:5 odds)
SB Loser: Panthers sold for 200; won 6,868.25 (1:34 odds)
#1 Pick: Titans sold for 405; won 2,747.30 (1:6.78 odds)

2014 Auction Thread
Total Pot: 46,540
SB Winner: Patriots sold for 4,000; won 30,576 (1:7.65 odds)
SB Loser: Seahawks sold for 7,480; won 11,760 fg (1:1.57 odds)
#1 Pick: Buccaneers sold for 550; won 4,704 (1:8.5 odds)

2013 Auction Thread
Total Pot: 70,250
SB Winner: Seahawks sold for 4,100; won 49,175 (1:12 odds)
SB Loser: Broncos sold for 10,025; won 21,075 (1:2.1 odds)

This post was edited by Terps on Aug 6 2017 01:30am

Terps
Thanks for hosting this

This format looks much better than last year. Well done

Payouts
Payouts are as follows:
• SB Winner: 65% of pot
• SB Loser: 25% of pot
• WC Winners: 1% of pot
• Non-SB playoff teams: 250fg (courtesy of Ianarky)
• #1 Overall Pick: 6% of pot (if it's a traded pick, it goes to the original team who owned the pick)

Where's the rest of the pot go? I only see 97% accounted for.

1% is for each WC winner, which adds up to 4% total (sorry, I should have been more specific)

Gotcha, I just added the % and wanted to make sure nothing was fucked up before we got a bunch of people in.

Does 'WC winner' mean the team that made the playoffs by earning a wild card? Or teams that won a game during 'wild card weekend' (first weak of the playoffs)?

The team that reaches the divisional round since there are only 4 teams that win and only 4% left after you add the rest up.

Call me Sherlock Holmes. ty

There's also 4 teams that earn wildcard spots...

Exactly. So the way it's stated in the OP is not explicitly clear.