You may have heard him on XM, but here it is in pixels: Chris Liss describes the Tout Wars FAAB reclaim rule in less than flattering terms, and explains why he failed to redeem Buster Posey on time.
The rule reads:
If a player is placed on the major league 60-day disabled list, his Tout Wars team may release him and add his salary back to this year’s FAAB. If this transaction occurs prior to Monday 5 pm EDT of the All Star Break, the team may reclaim 100% of the player’s salary. If the transaction occurs after Monday 5 pm EDT of the All Star break, the team may reclaim 50% of the player’s salary. Odd number reclaim amounts will be rounded down (e.g. a $1 reclaim will be rounded down to $0). The salary reclaim decision must be made within the first 30 days that the players has been DLed. FAAB units acquired in this manner cannot be used for bidding purposes until the following week’s transaction period. If a 60-day DLed player is released in this manner, he will be placed back in the free agent pool and will be available for FAAB acquisition. If a player is deemed out for the year but is not placed on the 60-day DL, his team may not reclaim his salary.