* A. IN-SEASON TRADING
1. The in-season trading period will begin on opening day and close after the last series of August (per LM schedule). There will be no restrictions on interleague
trading throughout the trading period.
2. There is no restriction on the number of players that can be traded, but trades must remain within roster limits. If a team acquires more players than the limit, cuts
must be made. At no time are trades involving "future considerations" or "player(s) to be named later" permitted.
3. Trades are effective after the series in which they are completed and require notification of the Commissioner by both parties.
4. The Commissioner will perform the actual transfer of players between rosters and include it on the next official c-file. Unless otherwise notified, the Commissioner
will use his judgment about placing traded players on the playing or farm roster of their new teams. Managers will then have to adjust their rosters, rotations, and
lineups in AD and LM to incorporate the new players.
5. Any player involved in an approved in-season trade is eligible for the playoffs for his new team. Trades not reported by the end of the last series in August will not
go into effect until after the season.

* B. OFFSEASON TRADING
1. At the conclusion of the regular season trading period (end of last series in August according to LM schedule) the offseason trading period will commence. Trades
made during this period do not take effect until the postseason (playoffs) is completed; however, once recorded they are official (unless one of the managers leaves the
league before the end of the postseason period).
2. During this period until roster cut down day after the free agent draft, roster restrictions are relaxed, allowing the procurement of more players via trade than the
roster limits stated above.

* C. TRADING DRAFT PICKS
1. Draft picks may be traded only for the immediate upcoming preseason draft. Trading of future draft picks (two or more years hence) will not be allowed. The
conclusion of the preseason draft marks the time that the next year's draft picks can be traded.
2. Waiver draft picks may never be traded.

* D. TRADING ETIQUETTE
1. Trades are deemed complete when BOTH managers notify the Commissioner. If the Commissioner does not receive notification from both parties, the trade will not
be processed. However, this should not be construed as a way of backing out of an agreed-upon trade.
2. Managers should not make formal trade offers involving the same player(s) to more than one team at the same time unless the prospective trading partners are
made aware of the simultaneous offers.
3. At the same time, managers should respond to trade offers from other league members in a timely manner.
4. The Commissioner will have final say on the disposition of any trade should a complaint involving any of the above points be made.