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Trade Submission

Memorandum of Understanding

Should you have any questions about anything regarding the Gamblers’ Dynasty League, check the MOU.

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Memorandum of Understanding

To: GDL General Managers
Date: January 12, 2021
Re: Gamblers’ Dynasty Fantasy Hockey League – 2021 Season

This Memorandum of Understanding (the “MOU”) will govern the terms of the Gamblers’ Dynasty Fantasy Hockey League for the 2021 NHL Season.

ARTICLE 1: GENERAL TERMS AND DEFINITIONS

References in the MOU to the singular shall be considered to include the plural as the context requires, and vice versa.

The following Definitions shall apply to the MOU:

  1. “Active GDL Defenceman” means a defenceman that is on a Team, but is not currently on the IR+ of that Team.

  2. “Active GDL Goaltender” means a goaltender that is on a Team, but is not currently on the IR+ of that Team.

  3. “Active GDL Player” means a skater or goaltender that is on a Team, but is not currently on the IR+ of that Team.

  4. “GDL” means the Gamblers’ Dynasty Fantasy Hockey League;

  5. “GDL Champion” means the Team that wins the GDL Playoffs;

  6. “GDL Consolation Playoffs” means the 3-Week playoff schedule at the end of the GDL Regular Season involving all Teams that did not qualify for the GDL Playoffs;

  7. “GDL Executives” means the Executives elected to run the league;

  8. “GDL Playoffs” means the three-week playoff schedule at the end of the GDL Regular

    Season;

  9. “GDL President’s Trophy” means the award given to the Team that finishes in 1st place of the GDL Regular Season standings;

  1. “GDL Regular Season” means the 13-week schedule in the 2021 regular season in the GDL;

  2. “GDL Runner-Up” means the Team that loses in the final of the GDL Playoffs;

  3. “NHL Game” means a game played in the NHL during the NHL Regular Season;

  4. “NHL Regular Season” means the 56-game scheduled regular season in the NHL for 2021;

  5. “Player Acquisition” means a player added to a Team via free agency or waivers;

  6. “Team” means a team registered in the GDL;

  7. “Term” means the current term for the GDL, which is one (1) year, running for the 2021 NHL Regular Season; and

  8. “Week” means the period from the commencement of a Head-to-Head matchup between two Teams to the end of that matchup.

GDL Executive: Michael Sidhu GDL Executive: Gaurav Aurora GDL Executive: Rajesh Patel

ARTICLE 2: GDL EXECUTIVES

ARTICLE 3: FORMAT AND TERM

The GDL is for one year and runs for the 2021 NHL Regular Season.
The scoring format for the GDL is classic Head-to-Head, using the following scoring categories:

  1. Skaters: goals, assists, points, plus/minus, penalty minutes, powerplay goals, powerplay assists, shorthanded points, game-winning goals;

  2. Goalies: wins, goals against average, save percentage, and shutouts.

ARTICLE 4: ENROLLMENT FEES

Cost of enrollment in the GDL is $150 for the Term (the “Enrollment Fees”). The Enrollment Fees are to be paid by each Team to the GDL Executive, Gaurav Aurora, by email transfer (aurora.gaurav@gmail.com) prior to the draft at 8:30PM MST on January 12, 2021.

ARTICLE 5: WINNINGS

The winnings schedule for the Term shall be as follows:

GDL Champion:
GDL Runner-Up:
GDL President’s Trophy Winner: Weekly Prize Pool*:

$800
$350
$200
$750 ($50 payout per week)

*The weekly prize will be for the first 15 weeks of the 2021 GDL season (13 weeks of the GDL Regular Season, and the first 2 weeks of the GDL Playoffs and Consolation Playoffs). The weekly winner will be decided by a rotisserie format based off each Team’s weekly cumulative statistics. All Teams are eligible for the GDL Regular Season and GDL Playoffs weekly prizes.

ARTICLE 6: THE DRAFT

The draft will utilize an “auction” format as per Yahoo! Guidelines (the “Auction Draft”). Each Team will have a budget of $200. The draft will allow each team up to 30 seconds to nominate a player for bidding and a maximum of 20 seconds for each subsequent bid on that player. Bid increments will be a minimum of $1. Every team must exit the draft with a complete roster and the minimum bid to acquire a player is $1.

ARTICLE 7: TEAM ROSTERS

The eligible roster positions are as follows:

  1. Three (3) Centres;

  2. Three (3) Left Wingers;

  3. Three (3) Right Wingers;

  4. Three (3) Forwards (any Forward position);

  5. Six (6) Defencemen; and

  6. Two (2) Goaltenders.

There are three (3) roster requirements of all Teams at all times (the “Roster Requirements”):

  1. There must be twenty (20) Active GDL Players on each Team at all times;

  2. There must be a minimum of six (6) Active GDL Defencemen on each Team at all times; and

  3. There must be exactly two (2) Active GDL Goaltenders (no more and no less) on each Team at all times.

In the event that a Team does not meet the Roster Requirements, the GDL Executives reserve the right to manually alter that Team’s roster without the consent of that Team. Prior to taking the aforesaid action, the GDL Executives will make best efforts to inform the Team of its non-compliance, and request that the Team immediately comply with the Roster Requirements. Further, a penalty may be assessed to a Team that has breached the Roster Requirements at the discretion of the GDL Executives, in accordance with Article 12 herein, which penalty shall have regard to the duration of the breach, the degree of impact of the breach, and whether or not the Team is a repeat offender.

The GDL Executives will not be actively monitoring each Team’s roster to ensure compliance with the Roster Requirements. It is the responsibility of an affected or interested Team to inform one or more of the GDL Executives that another Team is not in compliance with the Roster Requirements.

ARTICLE 8: PLAYER ACQUISITIONS

Each Team will be given a maximum of forty (40) Player Acquisitions for the Term (the “Player Acquisition Limit”). The Player Acquisition Limit is inclusive of Player Acquisitions made in the GDL Regular Season and Player Acquisitions made in the GDL Playoffs. Additional Player Acquisitions for the GDL Playoffs will not be given to Teams that have reached the Player Acquisition Limit.

Each Team will be given a maximum of four (4) Player Acquisitions for each Week of the GDL Regular Season and a maximum of two (2) Player Acquisitions for each Week of the GDL Playoffs.

ARTICLE 9: INJURED RESERVE

Each Team will be allotted three (3) Injured Reserve Plus (“IR+”) spots that can be used on any player irrespective of his position.

ARTICLE 10: TRADES

There is no maximum limit on the number of trades that a Team may complete in the Term.
The following is a complete list of the type of asset which may be the subject of a trade in the GDL

(“Tradeable Asset”):

  1. a skater or goaltender that is on a Team;

  2. a draft pick owned by a Team, provided that such draft pick is not subject to any pre-existing condition which may affect the ownership of the draft pick;

  3. Player Acquisitions in a GDL season, but not Player Acquisitions in a Week (i.e. the maximum number of Player Acquisitions in a GDL season, being 40, may be exceeded by virtue of a trade, but the maximum number of Player Acquisitions in a Week, being 4, may not be exceeded); and

  4. Waiver wire position.

Conditions may be placed on the Tradeable Assets in any given trade, but a condition which purports to require a Team to perform an act or omission in the future is invalid. A condition which purports to require a Team to perform an act or omission in the future includes but is not limited to the following:

  1. a condition which requires a Team to refrain from naming a certain player as a keeper;

  2. a condition which requires a Team to name a certain player as a keeper;

  3. a condition which requires a Team to trade to another Team a Tradeable Asset at a later date;

  4. a condition which requires a Team to offer a Tradeable Asset to another Team in a trade before disposing of that Tradeable Asset by trade or otherwise; and

  5. such further and other conditions as the GDL Executives may determine as purporting to require a Team to perform an act or omission in the future.

In order for a trade to be valid:

1. The trade needs to be accepted on Yahoo! by all involved parties; and

2. The details of the trade must be submitted by email to gamblersdynastyleague@gmail.com with the Subject Line, “TRADE ALERT”, and all Teams involved in the trade must be copied on the email.

Trades will not take effect, will not be approved, and may be reversed by the GDL Executives, if the details of the trade have not been submitted by email as identified above.

With respect to trades made during time-sensitive periods, such as prior to any applicable trade deadline or keeper deadline, every trade must be submitted and accepted in Yahoo! prior to the applicable deadline for it to be considered valid. Provided that a trade has been submitted and accepted in Yahoo! prior to the applicable deadline, the trade will be considered as valid and binding.

All trades will be reviewed by the GDL Executives. The GDL Executives reserve the right to veto any trade that brings the integrity or quality of the GDL into question.

A trade involving a GDL Executive will be reviewed by the two (2) GDL Executives not directly involved in the trade. If two (2) GDL Executives are involved in the same trade, the trade will be reviewed by the remaining GDL Executive not involved in the trade.

Collusion will not be tolerated. Any Team(s) involved in collusion will be removed from the GDL without refund of the Team’s Enrollment Fees. The Team will then be managed by the GDL Executives until it is sold to a new owner.

ARTICLE 11: PLAYOFFS

The GDL Playoffs will consist of eight (8) Teams. The GDL utilizes a re-seeding playoff format, as opposed to a bracketed format. The GDL Playoffs will end approximately seven (7) days before the NHL regular season ends.

The six (6) Teams failing to make the GDL Playoffs will have their rosters completely frozen upon completion of the GDL Regular Season, but will participate in the GDL Consolation Playoffs.

ARTICLE 12: PENALTIES

If a Team contravenes any provision contained in the MOU, the GDL Executives reserve the right and discretion to determine the penalty to be assessed to the contravening Team. Any penalty assessed to a contravening Team shall have regard to the effect of the contravention, and shall be proportionate to the contravening act and to the corresponding effect or outcome of the contravention.

In the event that a penalty is to be assessed to one or more GDL Executive, the remaining GDL Executive(s) will be responsible for the assessment of such penalty.

ARTICLE 13: RULE CHANGES

The addition of provisions to the MOU or changes to provisions in the MOU (“MOU Revisions”) may be implemented during the GDL Regular Season or the GDL Playoffs during the Term, but only if the GDL Executives unanimously agree that the MOU Revision is required to maintain the integrity of the GDL. In determining whether or not a MOU Revision shall be implemented during the GDL Regular Season or the GDL Playoffs in a given year, the GDL Executives will consider the following factors:

  1. The urgency of the implementation of the MOU Revision;

  2. The importance of the implementation of the MOU Revision to maintain the integrity of the GDL;

  3. Whether or not the MOU Revision will effectively punish a Team that has constructed its roster in a specific manner; and

  4. Such further and other factors that the GDL Executives may deem relevant in the circumstances.

    ARTICLE 14: RESERVATION OF RIGHTS

If any matter arises which is not covered or directly addressed within the MOU, the GDL Executives reserve the right to address the matter as they deem appropriate per their discretion.

ARTICLE 15: ACCEPTANCE OF TERMS

Each Team is deemed to have accepted, and is bound by the terms of this MOU upon participation by that Team in the Auction Draft.

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