Newbie Question

[fvamos]

For those of you that have played in this league before I have a few questions:
1- Everybodyis cutting payroll , is there a penalty for being over that is handed out at the end of the year? I understand you can't sign anybody else but anything else?

2- What are the points for Farm and Scouting? Are they important for an aspect of the game that comes later.

3- Since I have no cash left, besides trades and releasing players, ho does this come into play, and lastly how do I get more of it??

Sorry about the questions, I just want to make sure I'm going about this right, any help would be appreciated.

[Cipster]

The penalty for being over your payroll limit is that you will be spending more money than your team is making. This leads to you running out of cash which means you can no longer spend on Scouting and Farm.
Scouting determines how accurate the letter grades and player descriptions are on the player's cards. It is quite important because the numbers a player posts over a short period of time are not always good indicators of how they will perform in the long term. Before you sign a player or move a rookie up to the majors you need to know his true talent level.
The Farm spending determines how good the rookies you get in AAA will be. This becomes important for long term succes because you cannot always afford to sign free agents at every position.
If you run out of points or you are in debt your expenses will be set to 0 and as long as your salaries do not exceed your revenue you will slowly regain your money.
You should always strive to stay under your payroll limit because running out of points is very bad for your team. Your scouting reports become very innacurate which means you will sign bad free agents and will get robbed in trades. Your players will get injured a lot because your medical spending will be low. Also your rookies will have no talent so you will not be able to replenish your team through your farm system (since you are in the red you cannot get free agents either and even if you could your scouting will be too poor for you to accurately target good players).
Anyway, hope this helps.