Question regarding FAAB

I just convinced my league to try using the FAAB waiver system and I was wondering how much money I should give everyone for the year? ESPN’s default is $1-$100 (I already switched the minimum to $0). Thanks guys!

I don’t think it matters a whole lot, but $100 is fairly easy for people to remember and budget for the season. Last year we used FAAB for the first time so were all kind of guessing at what others might bid. At the beginning of the year people bid really high for players that were marginal. By the end of the year those who were involved had a better idea what a player’s value was.