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First Post and Question about Supplemental Draft

Hey everyone, I was introduced to this site about 6 months ago by a friend and have been coming here pretty religiously to get my fill of Seahawks information. I was going to post something a while ago (probably concerning QBs) but I had to wait the 2 days for my account to get fully activated and by that time I was over in Pullman moving into my new apartment and forgot what I was going to post.
Anyway I am a relatively new football fan, finally indulging in learning about more than the surface of football about 2 years ago (thanks to my go at fantasy football) and I have been trying to learn more and more every day. I was reading an article about the supplemental draft and I understand that the highest bidder wins the player but losing that round of draft pick in the next years draft, however when you are drafting said player do you only get 1 chance to place a bid or is it like an auction and you can bid say a 4th rounder for Josh Gordon and then if another team bids a 3rd rounder you could resubmit a 2nd round bid or are you out after that first bid? Thanks for the feedback everyone, I look forward to becoming part of the community!

                                                                                                                                                                                                               

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