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ABW's 2024 CYOL (Auction Rd1 (NOW)

Goldie

Kobe With The Pivot
Site Owner
Welcome to ABW's 2024 CYOL.

This will be the first of multiple auctions.

RULES

Every Label Will Begin With $500M

BIDS


- No retracting bids. If you don't participate for an extended period, your label will be auctioned off. During bidding, you can get a refund for an artist you want for 50% money back. You may do this 3 times. No overbidding, for ex. No bidding 100 Mill on a artist straight from the jump. Building your way up to 100 Mill is fine but bidding that high from the start is unacceptable. If overbidding occurs I will shut down the game and continue at another time.

- 1 Mill is the minimum bid amount during an auction, you can't bid lower than that.

- Signing pairs, groups, duos, CEOs or label mates will generate bonus points which will result in having more money to bid.

-PM Mystery Bidding: During Pm bidding, labels will not know how much/what is being offered and the best offer will win.

-Mystery Artist: I'll post up a picture of a question mark. Players will not know what they are bidding on until I yell sold and reveal who the artist is.

- If a player drops out of the game, their roster will be thrown in the "Draft Pick-up". Any artist that is passed and not bid on during the auctions will automatically be thrown in the "Draft Pick-Up" or "Mystery Bids".


TRADES

- Trades and money offers are allowed via PM. Host must be included. Both labels must agree with trade in a PM. A trade can only be initiated AFTER an auction not during. A sale however can be done during the game.

- if an artist is traded you will not be debited for the remaining balance of their contract (i.e. if Kanye is bought for $200M and traded to say J.Cole who was bought for $50M you will not be in debt for or lose $150M). If however, the artist is a tier 1 artist and traded for a SINGLE tier 3 or tier 4 artist you will have to pay at least $50 million of your cash on hand for the tier 3 or tier 4 artist (this way we make it fair). Unless the deal entails multiple artists, an entire group/duo, a tier 2 or tier 1 artist the rule will not apply.

LABELS

- You cannot have more than 20 rappers on your labels. Once you sign 20 rappers, you won't be able to get anymore (this does not include singers or producers). You will be responsible however with meeting deadlines for handing in cover art and albums you create as a result.

- You are FREE to change the CEO, sub labels or groups that you create at any point during the game even before the finals. You will be responsible however with meeting deadlines for handing in new cover art or albums you create as a result.

- Creating new sub labels before the tournament with the same artists will NOT net you bonus funds, the bonus can only be received the first time.

- You are allowed to create multiple sub labels. Because we have many players and more money, everyone can't be the main 3 labels in Hip-Hop but everyone can be the Warner Bros/Atlantic or Koch of the game, it is imperative we give everyone equal standing. Once again you will be responsible for meeting deadlines for handing in new cover art or albums you create.

- During the auctions 2 labels may now sign 1 artist simultaneously (for example Rocafella and GOOD Music could both sign Kendrick Lamar). However, they will not be able to use the joint venture or artwork they create against each other in the tournament. And a joint venture signee can only be done once and a tariff of $80 million will have to be paid if the artist is a tier 1 and/or tier 2 artist. Both labels will be required to pay this tariff, it cannot be divided in half. If one label does not have the funds both labels will not be able to do the joint venture.


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POINT SYSTEM

Points will help set up seeds for part II of the CYOL.

Players will get:
100 points for picking up a tier 1 artist.
75 points for picking up a tier 2 artist.
50 points for picking up a producer.
25 points for picking up a tier 3 artist.
10 points for picking up a tier 4 artist.

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TIERS

Artists will be categorized into 4 tiers based on their status in the music industry.
For example:
Kendrick, Cole, Drake, = Tier 1 (Tier 1 artist usually go for 150 M)
21 Savage, Nicki, Travis = Tier 2 (Tier 2 artist usually go for 70 M)
Benny, Rapsody, Gibbs... = Tier 3
Cyhi the Prince, Larry June .... = Tier 4

****Tiers will NOT be auctioned in order*****






For now I need all the players to drop the name of their record label



@Hater Hearst Helmsley

Roster:

(500M left)

@silverfoxx

Roster:

(500m left)

@TonyDubbz

Roster:
Outkast 3m
Sexyy Red 12m

(485m left)



@5 Grand

Roster:

(500m left)


@Chicity

Roster:

Kanye West 120m
Griselda (Benny, Westside & Conway) 1m


(379m left)

@Ibex

Roster:

Pharrell 5m
Cardi 3m
Travis Scott 5m
Pusha t 5m
Tyler The Creator 1m
Metro Boomin 137.5m


(343.5 left)



@Iceberg_Taylor

Roster:

Doja Cat 69m
Jay-Z 341.5m

(89.5m left)



@Tayboo


Roster:

Rihanna 14m
alchemist 1m
Taylor Swift 1m
J Cole 136m

(348m left)​
 
Last edited:
1st artist of the night


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