JAM Free Agency Rules

(a) The captain of each Franchise scheduled to participate in The JAM that calendar year shall be permitted, during the period beginning on April 1, to designate a maximum of two (2) free agents (each, a "Free Agent" and collectively, the "Free Agents") for that year's JAM. Each captain must contact each of his or her Free Agents in person or via telephone, e-mail, letter, facsimile or any other approved means of conventional or electronic communication, and each Free Agent must agree to being so designated. Each Free Agent must have played in at least one (1) JAM. Not later than twenty-four (24) hours prior to the scheduled start of The JAM each captain shall officially notify the Commissioner of the identity of his or her Free Agents. Subject to paragraph (b), once a captain officially notifies the Commissioner of his or her Free Agents, that captain cannot remove such designation.

(b) If a captain does not designate two (2) Free Agents in the manner specified in paragraph (a), or, alternatively, if a designated Free Agent does not attend The JAM, that captain may designate any undesignated player meeting the requirements specified in paragraph (a) as a Free Agent prior to the commencement of the Draft, provided that the Free Agent agrees to being so designated.

(c) If a captain designates fewer than two (2) Free Agents in the manner specified in paragraphs (a) and (b), he or she shall receive the first pick in the Draft, after which pick the Draft will proceed according to normal rules, provided, however, that (i) if each captain has designated an equal number of Free Agents (but less than two (2) the Draft shall proceed according to normal rules and (ii) if one captain has designated one (1) Free Agent and the other captain has designated zero (0) Free Agents, the captain who has designated zero (0) Free Agents shall receive the first pick in the Draft, after which pick the Draft will proceed according to normal rules.

(d) Each Free Agent may receive from each captain, in return for their services, compensation having an aggregate fair market value of not more than ten dollars ($10). If this compensation is rendered, in whole or in part, by any means other than cash, the value of the non-cash compensation shall be determined by the Commissioner or, if the captain rendering such compensation challenges the Commissioner's determination, by a majority of the Independent Committee Members acting in good faith.

(e) The term of each Free Agent shall expire at midnight on the day following the conclusion of The JAM.

(f) Subject to the approval of the captains of all other Franchises scheduled to participate in The JAM that calendar year, each captain shall be permitted to designate one (1) person as an assistant captain, provided that that person designated as an assistant captain has played for that Franchise in at least 25% of the total JAMs played. The player designated as an assistant captain must agree to such designation.

(g) These Free Agency Rules may be amended at any time and from time to time by the Commissioner.

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Last revision: June 23, 2003