Owners may submit trades via ESPN at any time. Trades go public when the waiver wire opens for the upcoming week (Tuesday) and close Wednesday night.

All owners have one day to review a submitted trade. A single rejection cancels it.

A trade should be cancelled only where it is unfair to one team, shows evidence of collusion, or would upset the balance of the league.

The Commissioner holds absolute veto power over trades. The power should be exercised with majority consent of the league, but consent is not required.

The League That Matters does not limit the number of trades in a season.