My leagues have never used FAAB and we are considering this, however, we don't know what various leagues are doing i.e. what the various rules are. Any idea how we can find out the options so we can see what fits best for us?AJ Mass over at ESPN.com put together a pretty comprehensive summary of FAAB back in February, so I won't reinvent the wheel. As far as various options that I've seen:
$0 bids?: Some leagues allow $0 bids; in most others the minimum bid is $1. Having a $0 bid allows an owner who spent all of his FAAB to keep bidding, although the chances he'll get a desirable player are poor.
$100 cap or not: One hundred dollars is the "standard" cap for FAAB. Some leagues use more or less. Obviously, the more money you have to spend, the higher the bids are going to be on the top players.
FAAB and Salary Caps: Most leagues apply FAAB bids to the salary cap, but I've seen a few that suspend the cap at the Major League trade deadline so that FAABed players can be traded without hitting the cap.
Forced Keeps: Some leagues force you to keep a player FAABed over a certain price...or pay a stiff financial penalty if you elect not to do so.
There are certainly other variations. Any reader who can think of anything that I omitted is welcome to add on to this admittedly cursory list.