what is faab in fantasy football

FAAB stands for Free Agent Acquisition Budget, which is a waiver system used in fantasy football leagues to acquire players not already on a teams roster. In a FAAB system, every manager in the league starts with a pool of money, and they can bid on a player to acquire them, much like putting in a waiver claim. The highest bidder wins the player, and the amount of money they bid is deducted from their budget. This system gives every manager an equal chance of picking up free agents, unlike a traditional waiver system where the order is determined by the team's record or other factors. FAAB is most often used in high-stakes leagues to create an even playing field.