After what occurred last year with the Neil Wickham and the "contest that shall not be named" ponzi-scheming $475,000 of their customers' money, myself and a number of fellow high stakes players called upon other high stakes contests to escrow their prize funds and PROVE that they had the prize money allocated properly and it was safe. Not a single one listened or directly responded even to the repeated requests. In large part due to this, the Fantasy Football Players Championship was formed last year. We are the only contest that escrows our prize money. I am not here to pimp our contest, but instead to comment on how it does a real disservice to players is that no one else does it.

I find what has happened in the past with Neil and his fiasco and untruths with $800K in "programming" expenses to be deplorable, and the ultimate breech of player trust.
In my opinion, until the fantasy contest pays their winners, the fantasy contest HAS NOT ACTUALLY PROVIDED THE PRODUCT. I am still owed money by a prominent national contest BY THE WAY (it is not the NFFC - they promptly paid every penny owed) Some bogus excuse 2 weeks ago about not having the proper forms, which I had personally faxed over in early January. It is March freaking 10th.
I am not sure I agree with Joe's assertion that a failed Circuit City and a failed fantasy contest are the same. There are similarities, but a contest knows EXACTLY what it's revenue and future payout liabilities are PRIOR to the contest actually beginning in week 1. If you do not have the cash or entrants to pay the guaranteed prizes, cancel the contest and refund the money. A contest has a firm knowledge of what 98% of revenues are going to be by September 5th and a firm knowledge of what 100% of liabilities to prize winners are going to be, too. The prize money should NEVER be used for operating expenses. It is so ridiculously easy to know precisely what is going to be owed to prize winners at the end of the year.
It is also my understanding from a significant number of fantasy players that Mike and Scott at the Jungle are straight up guys (unlike Neil and the contest that shall not be named), and I truly wish them the best in resolving the current issues they are having with payouts.
It is actually great for us as fantasy players to have a company like Football Guys that you can tell has players' interests in mind. They are not just out to make money, but want to grow their site and fantasy football as a whole, and continue to provide a superior product and this outstanding message board community. Whether it is the correct forum or not, people are being made aware of these issues thanks to the community that Joe Bryant, David Dodds and the rest of the staff have assembled throughout the years. (full disclosure: we advertised with FBG last year)
David Gerczak
Co-Founder
The Fantasy Football Players Championship