Auction Rules

• Random 66 team order for bidding.
• Cash only for all payments.
• Minimum bid of $200 per team.
• The highest bidder when the auction closes wins ownership of that team.
• Winning bid team pays for team and gets paid if the team cashes in.

• Teams can buy back 50% of themselves from the winning bidder.
• The buy-back price is 50% of the final auction price.
• Buy-back must be completed before teeing off Saturday.
• If a team exercises the buy-back, winnings are split 50% to the auction winner and 50% to the team.
• If a team does not buy back, the auction winner receives 100% of winnings.

100% of the pot is paid out to gross scores only, across the top four places.

• 1st Place: 50% of pot
• 2nd Place: 25% of pot
• 3rd Place: 15% of pot
• 4th Place: 10% of pot

• Cash only - no exceptions.
• All payments are due before the start of play.
• This includes auction winning bids and any buy-back fees.

View the live leaderboard at bandonwinterinvitational.net/leaderboard.htm