The Red Chair Republic

The rules for who you get to keep, what it costs you, and how long you can hang on to them.

1. Each GM may retain a maximum of two (2) keepers. Bumped up from one keeper, by league vote in 2024.
2. Keeper cost is the player's draft round minus one, going up a round for each additional year you keep them. Exclusions: no multiple keepers costing a 1st-round pick; no two keepers may share the same round cost. Exception: a 1st-round pick may be used to keep a player who was already a 1st-round keeper the prior year.
3. Keeper cost for an undrafted free agent (UDFA) is a last-round pick the following year. Previously priced at the player's ADP for the current-year draft.
4. Keeper cost is locked in for the following year regardless of trades or waiver-wire moves.
5. There's no limit on how many years in a row you can keep a player.
6. Keepers and future draft picks are both trade-eligible assets.
7. Only draft picks belonging to the current or following draft year may be traded. Picks further out than one year ahead are not trade-eligible.
8. Keeper selections lock no later than seven (7) days before the draft. No keeper changes once locked — choose wisely.

The fine print for when a keeper-worthy player changes hands — so nobody's roster gets to have its cake and trade it too.

1. At the start of a new season, each GM's two keeper slots are filled first by any player received in an offseason trade — that player must be used as a keeper. Applies during the offseason only.
2. If a GM trades a player away, one of that GM's two keeper slots becomes the draft pick(s) newly acquired in that trade.

How we change the rules once they're on the books.

1. Beginning in 2025, any amendment or proposed rule change requires a league majority of seven (7) votes to pass.
2. If a proposal receives 6 votes in favor but does not reach the 7-vote majority, the Commissioner will review it and determine final passage.