We take the occasion of the recent Tout Wars auction weekend to do a deep dive on auctions--what we prefer, how we prepare, and some strategies and advice for those new to the format. We love auctions!

In this episode we discuss:

• Why in-person auctions are so fun and rewarding
• How preparation and strategy are different than a draft
• Why you should have a Plan A and a Plan B (and possibly a Plan C)
• The risks and rewards of price enforcement
• How to handle the endgame
• That One Time Mike Had a Perfect Auction

We also talk about the Tout Wars NL-Only League, where friend of the show Grey Albright of Razzball completely avoided starting pitchers (a gambit attributed to Mike and Doug Dennis that in fact goes back to the early days of fantasy baseball).

We conclude with a discussion of how Mike reallocates values in his bid limits when players get injured (Gerrit Cole, Devin Williams) or suspended (Noelvi Marte). 

All in all, a pretty nerdy episode. You'll love it.

Flags Fly Forever is a Baseball Prospectus podcast. For more fantasy baseball information, visit baseballprospectus.com and click on "Fantasy" or visit our Twitter feed @baseballpro.

You can find Flags Fly Forever on Twitter @FlagsFlyBP. The hosts of Flags Fly Forever are Mike Gianella(@mikegianella.bsky.social) and Jon Hegglund(@jonhegglund.bsky.social). The producer of Flags Fly Forever is Jon Hegglund.