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According to the system, whichever team submits the highest bid wins the right to negotiate with Darvish over the next 30 days, and Darvish can negotiate only with that team.
In most variants of sealed-bid auction, the goods is awarded to the buyer who submits the highest bid, and only the winner pays.
Beyond the $100 maximum payout for Surge fees, Gett is also giving $1,000 in credit to the user who submits the highest amount of surge fares in all of New York.
Cuba submits the highest number of reports per capita in Latin America [ 12].
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In the Red Sox sale, Henry didn't even submit the highest bid.
The Twins submitted the highest bid to his former team in Japan for negotiating rights.
Additionally, despite submitting the highest quote, the bid was judged by TfL as the most "economically advantageous".
CanWest submitted the highest bid for Britain's Channel 5 television network in 1995, but regulators rejected it because they were unhappy with the company's programming plans.
By submitting the highest bid on Channel 13's fundraising auction last June, we found ourselves in a position earlier this week to answer these questions.
The Minnesota Twins have 30 days to sign the Japanese infielder Tsuyoshi Nishioka, 26, after submitting the highest bid for his negotiating rights.
Later, it also transpired that Heatherwick submitted the highest quote of three bidders in the competition to design the concept for the bridge, but was said by TfL to be the most "economically advantageous".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com