Golden Valley Vipers
Footballguy
This service is free and would reduce the hassle with collecting and distributing money.
Has anyone used it before?
Has anyone used it before?
It eases the distribution of cash for winners as well as provides a transparent handling of cash so all team owners can see what's going on. It may have a method of tracking the waiver costs that many leagues implement.This would be particularly helpful for leagues that have owners distributed throughout the country.Curious to know why a normal league would use this? Are there that many leagues out there with shady commish's????
Exactly why we are going to use it. It's a league of old fraternity buddies from Boston where all of us graduated between 1988-1993. Two still live in Massachusetts, but the rest now reside in Minnesota, D.C., San Diego, Seattle, Orlando, and Pittsburgh, and one other location I'm not even sure about.We take turns running the league, and by far the most annoying part of being a Commissioner is nagging the stragglers to get their entry fee in for weeks if not months. It's annoying enough handling all the money, but that pales in comparison with having to cajole, beg and threaten long-time friends to do what they should have done at the first opportunity.It's possible to have no fees, and the auto-nag feature makes it possible for the Commissioner to just run the league and not have to be the payment cop.This would be particularly helpful for leagues that have owners distributed throughout the country.
I'm in a league where every year it seems like forever to get your winnings. One year, with a different guy running the league than now, the commish took the money to help pay some bills. It took some guys months before they received their winnings.So I can see where this service would come in handy.Curious to know why a normal league would use this? Are there that many leagues out there with shady commish's????
Nothing? Anyone? Just looking for confirmation from people who've recieved their winnings. Prompt? Any snags during the season? Was Customer Support good? Did you encounter any issues with the preloaded Visa Cards you can elect to receive as payment? Thanks.bumpSorry, only thread that came up on a search. Curious to hear from anyone that used this service this year. Legit? Any issues?
We've had a great experience with it so far. Top notch customer support (emailed us back within minutes on issues), pretty user-friendly interface, plenty of options that a league can agree on.Just a note that I'm following this thread. If anyone has anything good or bad to say about LeagueSafe, let me know here or reach out to me directly at heycharch (at) leaguesafe (dot com).
If you don't know the service, you can go to the home page, or check out this article in the Wall Street Journal.
And thanks to David and Joe for agreeing to let me interface with you guys directly.
Thanks for asking, Ditka...That feature is slated for a May release. From a development standpoint, it's a thorny project, so it needs some time to cook. For a little extra data, here's exactly what we're building: 1) Optionally, commissioners can move the deposit deadline forward to any earlier date.2) Optionally, commissioners can allow late payments, after the deadline, but with a mandatory late payment fee. The fee will have a flat amount for LeagueSafe, and optionally, an amount for the league's balance.Charchditka85 said:I have a question charch. I was told a few weeks ago that there would be a new feature that allows commissioners to move the deposit/refund deadline. This is important to me as I have a startup auction in a few weeks and I would like to prevent a disgruntled owner from withdrawing his funds if he is unhappy with his team later on. Is this feature available yet?
Sweet.LionsFan78 said:We've had a great experience with it so far. Top notch customer support (emailed us back within minutes on issues), pretty user-friendly interface, plenty of options that a league can agree on.Just a note that I'm following this thread. If anyone has anything good or bad to say about LeagueSafe, let me know here or reach out to me directly at heycharch (at) leaguesafe (dot com).
If you don't know the service, you can go to the home page, or check out this article in the Wall Street Journal.
And thanks to David and Joe for agreeing to let me interface with you guys directly.![]()
Thank you, sir.Thanks for asking, Ditka...That feature is slated for a May release. From a development standpoint, it's a thorny project, so it needs some time to cook. For a little extra data, here's exactly what we're building: 1) Optionally, commissioners can move the deposit deadline forward to any earlier date.2) Optionally, commissioners can allow late payments, after the deadline, but with a mandatory late payment fee. The fee will have a flat amount for LeagueSafe, and optionally, an amount for the league's balance.Charchditka85 said:I have a question charch. I was told a few weeks ago that there would be a new feature that allows commissioners to move the deposit/refund deadline. This is important to me as I have a startup auction in a few weeks and I would like to prevent a disgruntled owner from withdrawing his funds if he is unhappy with his team later on. Is this feature available yet?
Does LeagueSafe report winnings to the IRS?Just a note that I'm following this thread. If anyone has anything good or bad to say about LeagueSafe, let me know here or reach out to me directly at heycharch (at) leaguesafe (dot com).
If you don't know the service, you can go to the home page, or check out this article in the Wall Street Journal.
And thanks to David and Joe for agreeing to let me interface with you guys directly.
No. Because we're not a contest/game/sweepstakes, we don't need to report to the IRS any more than your bank would need to for a league with offline payments. So, we keep that responsibility with individual winners to prepare their taxes appropriately.CharchDoes LeagueSafe report winnings to the IRS?
More to the deadline question. When can owners get a refund and when can't they get a refund and how can one control it?I thought i read somewhere on the FAQ that they owners up to the 4th week?& where does any late fees go?Thanks for asking, Ditka...That feature is slated for a May release. From a development standpoint, it's a thorny project, so it needs some time to cook. For a little extra data, here's exactly what we're building: 1) Optionally, commissioners can move the deposit deadline forward to any earlier date.2) Optionally, commissioners can allow late payments, after the deadline, but with a mandatory late payment fee. The fee will have a flat amount for LeagueSafe, and optionally, an amount for the league's balance.CharchI have a question charch. I was told a few weeks ago that there would be a new feature that allows commissioners to move the deposit/refund deadline. This is important to me as I have a startup auction in a few weeks and I would like to prevent a disgruntled owner from withdrawing his funds if he is unhappy with his team later on. Is this feature available yet?
Our league has a majority vote rule. I guess you just have to be confident in who your league-mates are and the fact that they will not be petty. Thankfully we have not had that issue, although I had to get after a few people to vote just out of sheer laziness.As far as the extra paying for future seasons, I am almost positive that you can pay extra at ANY point - we have the rule that if you want to trade draft picks you must pay the entire next season's fee, and we did not have any problems with it.Basically, the money just gets assigned to that person, and then at the end of the season there is a way to use that extra for their following season's dues. I just did it for this upcoming season, but I cannot remember what exactly I had to do to do it.For any commissioners out there using leaguesafe - which payout option does your league useCommissioner has controlMajority votesEntire league votesWe are looking at using leaguesafe for our league but there is a big question on this. If you chose majority votes and there is some sort of problem with perhaps a questionable trade and owners decide not to vote and you don't get 51% how does the money ever get distributed?Also in a dynasty league you almost always have a rule asking for a deposit of 50% of next years dues to trade future draftpicks and you aren't allowed to deposit money into leaguesafe at a later date - and if you tell your league - hey everyone has to pay 1.5 percent of league dues because some of the owners want to trade draftpicks....what do you do?TIA
I asked the question at Leaguesafe and they said yes we could add money after the deadline but we would be charged a 10.00 fee. So I would be very interested to know how you were able to do this. It would solve some problems for us for sure.Our league has a majority vote rule. I guess you just have to be confident in who your league-mates are and the fact that they will not be petty. Thankfully we have not had that issue, although I had to get after a few people to vote just out of sheer laziness.As far as the extra paying for future seasons, I am almost positive that you can pay extra at ANY point - we have the rule that if you want to trade draft picks you must pay the entire next season's fee, and we did not have any problems with it.Basically, the money just gets assigned to that person, and then at the end of the season there is a way to use that extra for their following season's dues. I just did it for this upcoming season, but I cannot remember what exactly I had to do to do it.For any commissioners out there using leaguesafe - which payout option does your league useCommissioner has controlMajority votesEntire league votesWe are looking at using leaguesafe for our league but there is a big question on this. If you chose majority votes and there is some sort of problem with perhaps a questionable trade and owners decide not to vote and you don't get 51% how does the money ever get distributed?Also in a dynasty league you almost always have a rule asking for a deposit of 50% of next years dues to trade future draftpicks and you aren't allowed to deposit money into leaguesafe at a later date - and if you tell your league - hey everyone has to pay 1.5 percent of league dues because some of the owners want to trade draftpicks....what do you do?TIA
I definitely don't remember any 10.00 fee. Maybe they were referring to deposits for the current season that are after the deadline? A de-facto late fee?I asked the question at Leaguesafe and they said yes we could add money after the deadline but we would be charged a 10.00 fee. So I would be very interested to know how you were able to do this. It would solve some problems for us for sure.Our league has a majority vote rule. I guess you just have to be confident in who your league-mates are and the fact that they will not be petty. Thankfully we have not had that issue, although I had to get after a few people to vote just out of sheer laziness.As far as the extra paying for future seasons, I am almost positive that you can pay extra at ANY point - we have the rule that if you want to trade draft picks you must pay the entire next season's fee, and we did not have any problems with it.Basically, the money just gets assigned to that person, and then at the end of the season there is a way to use that extra for their following season's dues. I just did it for this upcoming season, but I cannot remember what exactly I had to do to do it.For any commissioners out there using leaguesafe - which payout option does your league useCommissioner has controlMajority votesEntire league votesWe are looking at using leaguesafe for our league but there is a big question on this. If you chose majority votes and there is some sort of problem with perhaps a questionable trade and owners decide not to vote and you don't get 51% how does the money ever get distributed?Also in a dynasty league you almost always have a rule asking for a deposit of 50% of next years dues to trade future draftpicks and you aren't allowed to deposit money into leaguesafe at a later date - and if you tell your league - hey everyone has to pay 1.5 percent of league dues because some of the owners want to trade draftpicks....what do you do?TIA![]()
It says on the site that any deposits made after Sept 23rd I think is considered late and will be charged 10.00 fee. So if someone in the league makes a trade in October or November that includes a future draftpick - we won't process trade unless 50 percent is paid. So you think they can send you as the commissioner the money and you can deposit it and put it towards that person without a penalty? Or the owner trading the pick would have to deposit it themselves in their account?ETA this was their responseThanks for contacting us. There are ways to accomplish what you are looking to do. Typically when leagues want to collect extra money for in-season fees we recommend they build that into the entry fee charged for the league. So if the entry fee for the league is $100 and the expected annual fees are $50 then we'd recommend you set their entry fee on LeagueSafe to $150. Any unused funds can be left in the league balance and rolled over to the next season.Additionally, at the end of the season there will be an opportunity for the league to assign in-season fees that need to be paid in. This is another way to get money into the league that is owned for in-season transactions, the only consideration here is that you cannot deposit more than 25% of your total league balance as end of season fees. Meaning that if your league balance is $400, at the end of the season your league cannot deposit more than an additiaional $100 in end of season fees. If you know there will be a lot of in-season fees we recommend to collect more money upfront when they season starts and then just reallocate the unused funds back to the correct teams at the end of the season. I hope that helps. Please let us know if you have any other questions.Color me confusedI definitely don't remember any 10.00 fee. Maybe they were referring to deposits for the current season that are after the deadline? A de-facto late fee?I asked the question at Leaguesafe and they said yes we could add money after the deadline but we would be charged a 10.00 fee. So I would be very interested to know how you were able to do this. It would solve some problems for us for sure.Our league has a majority vote rule. I guess you just have to be confident in who your league-mates are and the fact that they will not be petty. Thankfully we have not had that issue, although I had to get after a few people to vote just out of sheer laziness.As far as the extra paying for future seasons, I am almost positive that you can pay extra at ANY point - we have the rule that if you want to trade draft picks you must pay the entire next season's fee, and we did not have any problems with it.Basically, the money just gets assigned to that person, and then at the end of the season there is a way to use that extra for their following season's dues. I just did it for this upcoming season, but I cannot remember what exactly I had to do to do it.For any commissioners out there using leaguesafe - which payout option does your league useCommissioner has controlMajority votesEntire league votesWe are looking at using leaguesafe for our league but there is a big question on this. If you chose majority votes and there is some sort of problem with perhaps a questionable trade and owners decide not to vote and you don't get 51% how does the money ever get distributed?Also in a dynasty league you almost always have a rule asking for a deposit of 50% of next years dues to trade future draftpicks and you aren't allowed to deposit money into leaguesafe at a later date - and if you tell your league - hey everyone has to pay 1.5 percent of league dues because some of the owners want to trade draftpicks....what do you do?TIA![]()
We actually did a vote and the majority of the owners said commish decides. We lost an owner because of that. He was burned by not getting some winnings and swore he wouldn't join another league without leaguesafe and more than 1 person in control. Oh well. Thanks for your input!Just use the "commishioner decides" option. I mean, the point of leaguesafe is mostly so that the league knows where the money is and that the commissioner is not spending the cash during the season. It seems like every case that has ever popped up where people didn't receive payouts was due to the commissioner not having the money at the end of the season. Typically it is because it was gambled away due to self control issues.I would think it to be an extremely rare situation in which a commissioner would actually go through the procedure of declaring himself the 100% payee and having the fund withdrawn to his own account. Either his bank account info or physical address would likely be in the leaguesafe database if he has collected funds.The majority vote option seems a little risky to me. Maybe I'm being cynical but I would worry about some sort of league dissention over some quirky rule or something and having trouble getting the money released to the right people. Also, in some leagues we have owners that are tuned out pretty hard core once they don't make the playoffs. It would be like pulling teeth getting them logged in to vote.I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.
I guess i'd like to know what most people do. Maybe its less of a problem than I think it is getting 7 people to vote at the end ofthe season. So how does this work? When the season is over the commissioner assigns payout dollar amounts to the winning teams and the league votes to approve those amounts? So basically as long as the amounts correspond directly to the league bylaws - and the winners are clear cut, then there should be no problems? Sounds like something I could be "cautionsly optimistic" about utilizing. Still, I recall too many issues from many years ago that would have convoluted such a system. Of course this was back when we didn't even talk about payouts until around november, and there was no such thing as by laws lol. "How many teams make the playoffs? Are we paying out 3rd place?" etc hehWe actually did a vote and the majority of the owners said commish decides. We lost an owner because of that. He was burned by not getting some winnings and swore he wouldn't join another league without leaguesafe and more than 1 person in control. Oh well. Thanks for your input!Just use the "commishioner decides" option. I mean, the point of leaguesafe is mostly so that the league knows where the money is and that the commissioner is not spending the cash during the season. It seems like every case that has ever popped up where people didn't receive payouts was due to the commissioner not having the money at the end of the season. Typically it is because it was gambled away due to self control issues.I would think it to be an extremely rare situation in which a commissioner would actually go through the procedure of declaring himself the 100% payee and having the fund withdrawn to his own account. Either his bank account info or physical address would likely be in the leaguesafe database if he has collected funds.The majority vote option seems a little risky to me. Maybe I'm being cynical but I would worry about some sort of league dissention over some quirky rule or something and having trouble getting the money released to the right people. Also, in some leagues we have owners that are tuned out pretty hard core once they don't make the playoffs. It would be like pulling teeth getting them logged in to vote.I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.![]()
As our commissioner stated - for instance 2 teams make a trade - it makes owners upset for some reason - not a collusion trade but say then both of these teams finish 1 and 2 - you have some hard core owners that remember that trade and then yell foul at the end of the season and refuse to vote. Then the owners that are supposed to get money start yelling at the commissioner about not getting paid.....probably wouldn't happen but one never knows. He didn't want to even have the possibility of something going haywire like that. Almost all the owners gave him the control to put in the amounts the way the by-laws state money should be paid out and distribute it accordingly. And that is a good point that owners can see where the money is all season long and know that it hasn't been tampered with. That should take care of trust issues I would hope. Just our thoughts.I guess i'd like to know what most people do. Maybe its less of a problem than I think it is getting 7 people to vote at the end ofthe season. So how does this work? When the season is over the commissioner assigns payout dollar amounts to the winning teams and the league votes to approve those amounts? So basically as long as the amounts correspond directly to the league bylaws - and the winners are clear cut, then there should be no problems? Sounds like something I could be "cautionsly optimistic" about utilizing. Still, I recall too many issues from many years ago that would have convoluted such a system. Of course this was back when we didn't even talk about payouts until around november, and there was no such thing as by laws lol. "How many teams make the playoffs? Are we paying out 3rd place?" etc hehWe actually did a vote and the majority of the owners said commish decides. We lost an owner because of that. He was burned by not getting some winnings and swore he wouldn't join another league without leaguesafe and more than 1 person in control. Oh well. Thanks for your input!Just use the "commishioner decides" option. I mean, the point of leaguesafe is mostly so that the league knows where the money is and that the commissioner is not spending the cash during the season. It seems like every case that has ever popped up where people didn't receive payouts was due to the commissioner not having the money at the end of the season. Typically it is because it was gambled away due to self control issues.I would think it to be an extremely rare situation in which a commissioner would actually go through the procedure of declaring himself the 100% payee and having the fund withdrawn to his own account. Either his bank account info or physical address would likely be in the leaguesafe database if he has collected funds.The majority vote option seems a little risky to me. Maybe I'm being cynical but I would worry about some sort of league dissention over some quirky rule or something and having trouble getting the money released to the right people. Also, in some leagues we have owners that are tuned out pretty hard core once they don't make the playoffs. It would be like pulling teeth getting them logged in to vote.I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.![]()
Why would it not surprise me to see a "league safe not paying out" thread in a couple years.With all the issues in well known big leagues that no one saw coming why is league safe being so blindly trusted?
This is the one option I do have a problem with. Why even use leaguesafe with this option? So you know WHERE the money is? (Yay?) Nothing to stop the commish from just paying himself.Actually requested and received a refund from LeagueSafe (before the set payment deadline) because the commissioner was changing rules on the fly and he himself didn't pay. (And to this day has yet to pay)Point of using Leaguesafe for me is taking all the power out of the commissioner's hands. Too many commissioners out there that overstate how difficult to run a league is -- MFL can run these leagues on their own. A lot of the drama in leagues are brought upon by commissioner's themselves trying to meddle in things they shouldn't.Just use the "commishioner decides" option. I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.
Agreed. Never again will I join a league like this.Joined a league with this, commish changes waivers/rules in the first couple weeks in the season AND just now Week 14....he changes PAYOUTS!!! WTF?? Seriously changing payouts when the playoffs start?!? [LOL he's now giving $100 to each of the 2ND PLACE division owners.....of all things]Luckly, the bozo set the Payment Deadline for the end of September, I got a refund before then (due to inseason changes)....and am still playing...as he's yet to notice I've gotten a refundThis is the one option I do have a problem with. Why even use leaguesafe with this option? So you know WHERE the money is? (Yay?) Nothing to stop the commish from just paying himself.Just use the "commishioner decides" option. I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.
Not using the Majority Vote completely nullifies the advantages of using LeagueSafe. You ensure the commissioner / treasurer cannot run off with the money by having the Majority Vote option. Anyone that would give up total control of the finances to one person in leaguesafe, removes the reason most use LeagueSafe in the first place and that is to protect your league's entry fees.We actually did a vote and the majority of the owners said commish decides. We lost an owner because of that. He was burned by not getting some winnings and swore he wouldn't join another league without leaguesafe and more than 1 person in control. Oh well. Thanks for your input!Just use the "commishioner decides" option. I mean, the point of leaguesafe is mostly so that the league knows where the money is and that the commissioner is not spending the cash during the season. It seems like every case that has ever popped up where people didn't receive payouts was due to the commissioner not having the money at the end of the season. Typically it is because it was gambled away due to self control issues.I would think it to be an extremely rare situation in which a commissioner would actually go through the procedure of declaring himself the 100% payee and having the fund withdrawn to his own account. Either his bank account info or physical address would likely be in the leaguesafe database if he has collected funds.The majority vote option seems a little risky to me. Maybe I'm being cynical but I would worry about some sort of league dissention over some quirky rule or something and having trouble getting the money released to the right people. Also, in some leagues we have owners that are tuned out pretty hard core once they don't make the playoffs. It would be like pulling teeth getting them logged in to vote.I used Leaguesafe two years ago and used the "commish decides" option and no one even asked me about it. I didn't really expect anyone to have a problem with it, and they didn't.![]()
Unless they've recently changed something, they couldn't handle it a few years ago when we looked at it, which is why we opted not to. We required 50% of future dues if you trade a future pick. I talked to someone at LeagueSafe and when we talked to them (I think it was 2010, not sure) they couldn't do it. If you find a solution to this answer let me know and we may consider going with them now. Collecting money for this league is pretty seamless but I'd love to have someone else handle it instead of me.Using LeagueSafe for the first time this year but just spotted a potential issue. Our league rules state that when a future pick is traded fees for that year are due immediately. How do LeagueSafe users handle this?