I'd support league loans so long as the terms allow it to be paid back with in a certain number of years, preferably 5 or less. Tossing out some rule ideas:
Max of 7 year loans.
Payments must be made after the WS and before Opening Day of the following year.
If a payment is late or missed a one-time 10% interest will be imposed based on the total value of the initial loan and the note will be refinanced to help the GM make timely payments.
If a GM fails to make a 2nd payment they will be removed as GM of their team and the new GM will be responsible for 50% of the remaining balance.
Only 1 loan every 20 years.
Don't Be An Ass Rule applies to dimensions and seating capacity for your stadium. Any potential new stadiums are subject to admin approval.
Max of 7 year loans.
Payments must be made after the WS and before Opening Day of the following year.
If a payment is late or missed a one-time 10% interest will be imposed based on the total value of the initial loan and the note will be refinanced to help the GM make timely payments.
If a GM fails to make a 2nd payment they will be removed as GM of their team and the new GM will be responsible for 50% of the remaining balance.
Only 1 loan every 20 years.
Don't Be An Ass Rule applies to dimensions and seating capacity for your stadium. Any potential new stadiums are subject to admin approval.
Houston Astros - 2012/2016/2023/2025 Champs!
Cumulative Record: 1894 - 1184 (.615%)
Cumulative Record: 1894 - 1184 (.615%)