Rhode Irish
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Since when? I agree with the part about the penalty going up one round each year, but of course there should be a penalty this first time.
I just never heard of doing the penalty in the first year. It is fine if that is what people want to do. One thing I'd point out, though, is that let's say we approve the rule that there is a restriction on rd. 1 &2 keepers, enforcing the keeper penalty in year 1 effectively makes the rule that you can't keep players drafted in the first 3 rounds.