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Virtual Basketball Association (The VBA) PS3 
Posted on March 26, 2009 at 11:50 PM.
$6,000 VBA Team Up League

$200.00 Entry Fee per Team (x 30 Teams), this can be paid by the captain (giving you more negotiating power) or split it up between your team.
There will be a two week Training Camp period after the draft, league fees are due at the end of the first week.
$6000.00 = Total Prize Pot (held in a PayPal account during the season)

Prizes:
· $200 to each of the 6 division winners
· $800 to each of the 2 conference champs
· $3200 to the overall League winner (if you win the division, conference and Title your team get $4200 to pay out contracts)
· All prizes are team prizes and go towards player contracts.

How Player contracts work:

If you have the max 10 players on your roster, that average contract would be $320/10% paid only if your team wins money.
Total payout if team wins Div., Conf. and title: $420 per player.
· $320 = Overall Champions pot of $3200 divided by 10 players called the “Base Pay
· 10% = is each players cut of other money won (Div. and Conf. winnings) called the “Bonus
· Both of these numbers can be negotiated at draft time. For this first season, you can sign any players that you want.
For just 5 players average contract would be $640/20%.
Total payout if team wins Div., Conf. and title: $840 per player
· $640 = Overall Champions pot of $3200 divided by 5 players called the “Base Pay
· 20% = is each players cut of other money won (Div. and Conf. winnings) called the “Bonus
· Both of these numbers can be negotiated at draft time. For this first season, you can sign any players that you want.
Keep in mind that there will be fines if you don’t have 5 players show up ON TIME to play your games, so some reserves are strongly advised.
If you still need players after that you can participate in the draft.
Contract Offers are final once accepted and should be formatted like so: 3yr/$320/10%

There are some mandatory pay rates:
· Captains get $600/20% (captains can dip into some of their money to pay players if they want, but the overall salary cap is $2200/70% for the rest of the roster)
· A free agent that plays the mandatory number of stat games and gets drafted in the first round gets minimum $500/15%
· Remaining players must be signed with the remaining $2100/65%

Holdouts
If a player chooses to hold out on the team that drafted him, any team wanting to pick up that player must pay a Holdout Fee of $200/5%. This Holdout fee comes directly from that player’s contract, meaning that player can be paid no more than $120/5%. If the team receiving the holdout player wins, that holdout money is paid to the team that drafted the player to be dispersed as Bonus money to that team’s players.

Team Fines
Captains can implement team fines that will come out of the offending players’ contract. No one fine can be more than $25. Examples of fines can be:
· Missing or late (unexcused) to a SCHEDULED game: $25
· Missing or late (unexcused) to a SCHEDULED practice $10
· Bad conduct as determined by the captain or league: $20
· Cheating or glitching: One Game Suspension and $25
Fine Money goes to the team captain and is not redistributed to the players for Bonus pay. Fines must be defined before the regular season and all players must be notified. After the season starts new fines can be added as long as players are notified. Players can dispute fines to the commissioner, who will have final say in arbitration.

League Fines


The league will have penalties for player and team violations. Player violations are taken from the players’ contract and team fines are taken from the captains’ contract, who can in turn take it from player contracts if warranted. All league rules and fine will be posted prior to starting the regular season, so no excuses if you get fined for a violation.

Player Contract Terms
Players can sign up to a 3 Season Contract (two season mandatory with the 3rd being team or player option).
After 3 complete seasons a player becomes a free agent (after 2 seasons of a 3 year contract if the team or player opts out)
If a player quits, his contract is void and that player will be dropped from the league, captain can redistribute the contract money at their discretion or use it to sign another player.
Players must play a certain number of games to fulfill their contract and collect their pay if the team wins.

Season will start win the servers are good and stat games are played.
Season will be 41 games with the same playoff format as the NBA.

More info coming soon. Start playing your stat games now.
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