Wednesday, August 15, 2007

FA Auction - MIM Opening Thoughts

As the curtain lifted on the FA Auction, GM Khoo couldn't wait to participate in his first RHL bidding war. The anticipation of excitement of this process lived up to its billing for the MIM owner and GM. "The tough part that I found is finding a balance between following your game plan that you set out to do and quickly finding alternatives when things don't pan out." With at least 13 spots to fill, and only $8.8M in committed salaries, MIM had money to spend. "We definitely have some people that we're targeting. If I get a couple of them I'll be happy. I have some RFA's coming due at the end of the year, so I want to have money left over to sign some of them. But I'm trying to be patient and pick my spots. I know I'll make some errors but I'll just have to try and not screw myself for the future."

Currently, MIM has made $11.3M in offers to 9 players and won't be done there.

"I've had some discussions with other GMs already where we've targeted the same people since we believe they are under-valued. Who will flinch first? I don't know. I've always sucked at poker and have a terrible poker face. But we're committed to fielding a competitive team in Vulcan that will act as a base for years to come." added Khoo.

The upcoming rounds should provide a lot of tension but also bring the prospect of an exciting start to a young franchise.

1 comment:

Steve said...

Lesson #1 of the RHL auction: nobody** gets out of the auction under-valued.

**by "nobody" I really only mean 1 or 2 players at most that seem to slide through at a reasonable price. Everyone else is overbid, but such is the nature of competition.