Description: Since the Franchise Basketball runs 12 months a year, and plays 4+ seasons in that time, the off-season is greatly condensed. That, in part, contributes to some confusion when owners try to figure out when things in the game occur. This calendar is a list of all the major events during the course of a Franchise Basketball season and when they occur. Many of the events key off of another event, not a particular day of the season (for example, the reset of the league, which occurs a couple of days after a champion is crowned). For this reason, a number of items in this calendar are relative to another event.

Prior to the season: The creation of the league schedule typically begins the regular season
Day 0: On the day before games start playing, the free agents left over from last season will clear waivers and sign with teams that have offered them contracts.  Head Coaches and Trainers will also sign on this day.  This is only for people who have been on either the free agent list of the head coach and trainer pools through the end of the season and had their 'waivers' reset.
Day 1: Games begin playing.
Day 30: The previous seasons draft picks (option <Year> Draft Picks in "Draft" section) are cleared.
Day 45: Trade deadline. Check your "league info" screen, as this also varies, typically the default is 45.
Day 50: Free agent signing period ends. Check your league info screen, as this varies, typically the default is 45, however.
Day 60: After games are played on the 60th day, the playoffs are created with the teams that qualify following the 60th game.
Day 60: After the games on day 60, the rookies who intend to turn pro also announce their intentions, so, there is a list of players eligible for the draft in the draft section. It is at this point that you may start compiling your draft, "wish list". See Draft Help.
End of First Round of the Playoffs: The All-Galaxy 3rd Team is announced in News (this is announced on the night that the last games of the first round are played)
End of the Second Round of the Playoffs: The All-Galaxy 2nd Team is announced.
End of the Third Round the Playoffs: The 1st Team All-Galaxy Selections are announced.
End of Fourth Round of the Playoffs: Defensive Player of the Year Announced
End of Fourth Round of the Playoffs : Most Valuable Player Announced
*** The end of the fourth round of the playoffs also is when a champion has been determined. The day after the last game would be the (Champion Crowned + 1) day.
Champion Crowned + 1 (The night after the champion is crowned): All Player statistics are zeroed, the players age a year, their potentials are changed, skills are increased/decreased, players retire, players without contracts (0 years on their old contract) may go to the free agent pool. For subscribers, the stats from this season will be visible in the 'Historical' section of a player, but no longer in their normal stats.
Champion Crowned + 2: The amateur draft is carried out (Rookies join teams). Team season W-L records are zeroed out. The old schedule is removed.
*** This day (Champion Crowned + 2) is by default +2, but, depending on the league, could be any number. It could be 3, 4, 5 or more days after the Champion is Crowned. This is known as the League Reset.
League Reset + 1: New schedule is created. Owners are emailed a notice about the new schedule. Free Agents may also be offered contracts and trades may be completed.
*** After the league schedule is created, the game will wait as many nights as were waited before the league reset to play the first game, so, in this example, the league reset was + 2 days after the Champion was crowned, so, game will begin play this season on the third night after the schedule was created.
League Reset + 2: Free Agents may be offered contracts and trades completed. No Games Played.
League Reset + 3: Free Agents may be signed (free agents who went through the end of the season as such become eligible to sign contracts on this day) and trades completed. No Games Played.
League Reset + 4: Day 1 of the next season.

Although there are not many leagues where the numbers differ from these, it is possible that your league has a slightly different setup.

For the above example, End of Fourth Round of the Playoffs = Champion Crowned and Champion Crowned + 2 = League Reset.

A couple of notes to mention, when you get an email that says games will start in 2 days, that means that on the third day, games will actually be played.