10 team auction keeper league. We can keep 4-8 players. $200 cap. Salaries increase 10% from the previous year, rounded up to the nearest dollar. Minimum $2 increase, so a $5 player last year can be kept for $7. So the $2 increase will apply to any player with a 2012 cap value of $20 or less. A player that was $21 in 2012 will need $24 to keep him, since you round up the next dollar.
We also have a performance clause. If a player finishes in the top 5 QBs, top 10 RBs, top 15 WRs, top 5 TEs (this would be the upper half of the required starters.....we start 1QB, 2RB, 3WR, 1TE...and 2 superflex), they have to pay the the bottom baseline starter's salary. For example, say in 2011, the guy drafts Marshawn Lynch for $2, and Lynch finished in the top 10 RBs that year......to keep Lynch, the owner had to pay RB20 salary (based on the pricing, that was $17). $17 seems low, but we have a superflex league so QBs go for much more than a typical league. We have the performance clause so that someone who hits the jackpot with a cheap player (think Cam Newton) has to pay at least a starter salary. Now this doesn't force someone to pay market value.....in fact, Newton and Lynch are still incredible bargains at their cap values.......it's not fair for someone to have to pay full market or close to it when they hit the diamond in the rough. But it's not fair to have the Newton owner keep him for $3 when he bought him in 2011 for $1.
Essentially our system will generate some players who will never be let go since their cap values are so low in relation to their performance. But that's going to happen in auction keeper leagues.
Auction keeper leagues are awesome in that you can trade high priced studs for lower priced future keepers as long as you have the cap space to do it. (we get $30 of extra free agent cap space after the draft, for a total of $230.)
Our league has a new wrinkle....If you go over the cap, you must pay into the pot $2 per week per $10 that you're over the cap. So if you're current team has a value of $235, you need to pay $2 every week until you get to $230 or under. At $241, you pay $4, and so on. It's called a "luxury tax". With a $50 buyin, the luxury tax can get expensive. This extra money goes into the pot and gets paid out in the same fashion....60/30/10 for the top 3 finishers.