Interesting new fantasy league payout idea (1 Viewer)

[number 9]

I think I may have just came up with this as a new, fun little wrinkle in payout for leagues who keep track of records over the years. I've never seen this before. Would it work?

Here is the message I posted on my fantasy site to gauge the interest of my league. Let me know what you guys think.

"So, check it out. I just came up with this idea. I briefly mentioned it in my last post, but that was just off the top of my head without putting much thought into it. I've now put some thought into it and I think it would be a pretty cool idea.

We keep a progressive jackpot with the extra fee. It will be payed out as follows:

-Highest single player point total in league history for each position gets payed out of the current progressive jackpot for the week 10%.

-Top 5 finish (not 1) gets payed out 1%.

(The player must be in the team's starting line-up)

-Highest team total for a single week in league history gets paid out 50%.

-Top 5 finish (not 1) gets paid out 10%.

(Playoffs don't count for this jackpot)

Example: Hypothetically, we raise the fee $25 with all extra $25 going to this jackpot making it's beginning balance $250. The season progresses as follows:

Week 1: Randy Moss puts up most points by a WR in our league history. Steve gets paid out $25 (250 x 10%)

Week 4: Adrian Peterson puts up third most points by a running back in our league history. Ted gets paid out $2.25 ((250 - Steves 25)x1%)

Week 7: Tom puts up the highest single week in league history. P.S. I noticed Tom does hold this record, and that week also represents the only award Tom has received in the 3 years of this league. KEEP ON TRUCKIN' TOM. Tom gets paid out $111.37 ((250-Steves 25-Teds 2.25)X 50%)

Rest of Season: There are no more awards so the $111.37 left in the jackpot carries over to the following season where we will add another $250 making the 2010 jackpot beginning balance $361.37.

Looking over the records, only one player finished 1st for a weekly point total in our league history last year. And no team set the highest point total last year, let alone finished in the top 5.

As you can imagine, this jackpot has the opportunity to become fairly large making even a 10% payout nothing to laugh at.

We could make a rule that if you leave the league, you can get paid out 1/10 of what is in the jackpot. This payout can help cover the penalty in the rules for leaving the league. If the league were to dissolve, each manager would get 1/10 of the jackpot. If it gets big enough, we could put it in savings account to earn a little interest even.

This was just all off the top of my head, and I'm sure there are a bunch of things wrong with this idea, but I think it would be interesting to discuss and possibly work out between us and give a shot.

What are your thoughts?"

 

[Rodhands]

i quite like this idea actually

 

[obxlegends]

It seems to add a lot of work, but may be worth it if you're so inclined to take the responsibility on.

 

[zed2283]

Yep, I like this too.

 

[Rodhands]

qwould have to be in a laegue where i trusted all the other individuals though

 

[number 9]

qwould have to be in a laegue where i trusted all the other individuals though

I agree, all ten of us have been in a league together for at least 5 years together now, with 2 of us approaching our 10th year running this league. (originally redraft, transformed to dynasty 3 years ago). We are also all very close friends with 7 of the 10 still living in Pittsburgh.

 

[number 9]

A potential problem with this which I have just thought of is:

This award may become the primary focus of the league. As the years go by, records will be more difficult to set, and the progressive jackpot will continually grow. The jackpot may get to a point where the risk of "sacrificing" your team as whole to obtain "big play" players who have a chance of setting a league record may be worth the reward. Another scenario may be if you have a very solid team with great matchups and the jackpot is sitting at at a very high amount, it could logically make sense to overpay in a trade for one more stud with a great matchup that one week to take a legitimate shot at 50% of the jackpot by setting the leagues all time week score.

This would offset the balance of the league by making certain teams weaker as an overall team and weaker over the long run while..."unfairly" enriching other teams.

Another problem may arise where the progressive jackpot grows to a very large amount where it would actually entice managers to leave the league in order to get their "payout".

Just some more thoughts.

 

[puckalicious]

What happens if you run out of money and then a player/team goes off for best point total in league history?

If the pot gets too big, have a clause that when it gets to X amount, it automatically resets to the initial amount and everybody gets a cut. Should eliminate owners just leaving to get paid.

 

[FantasyTrader]

A potential problem with this which I have just thought of is:This award may become the primary focus of the league. As the years go by, records will be more difficult to set, and the progressive jackpot will continually grow. The jackpot may get to a point where the risk of "sacrificing" your team as whole to obtain "big play" players who have a chance of setting a league record may be worth the reward. Another scenario may be if you have a very solid team with great matchups and the jackpot is sitting at at a very high amount, it could logically make sense to overpay in a trade for one more stud with a great matchup that one week to take a legitimate shot at 50% of the jackpot by setting the leagues all time week score. This would offset the balance of the league by making certain teams weaker as an overall team and weaker over the long run while..."unfairly" enriching other teams. Another problem may arise where the progressive jackpot grows to a very large amount where it would actually entice managers to leave the league in order to get their "payout". Just some more thoughts.

In my experience, once a league is 4+ years old, it will take a truly crazy week to break it. In my home dynasty, we're heading into our 8th year and the 1 week record is 209 points. To put that in perspective, any 100 pt. week is very solid in this league. Generally speaking, the record isn't set by "studs" in hindsight. I'm talking wierd stuff like 3 defensive TD returns, kicker hitting a trio of 50+ yarders, etc. in conjunction with really good weeks from everybody else. So I don't think you can falsely build a team to go for the all-time high score. Ususally it's just a crazy parlay of the stars lining up.

 

[Dave Stauff]

I did something similar for a league I used to run (now defunct but survived 15 years). We had just such a pool for "League Records" and each owner threw a coulpe extra bucks in each year to fund the pool. It worked fine, but we eventually moved on to a different money distribution system (paying the highest scoring losing owner each week). The only recommendation I'd have is to award it based on an entire season's play, not in mid-season, because more than one team can and will break an existing record. And you've got to be very stable in your lineup and scoring systems to make the records meaningful. All in all, it's a great way to further involve owners as long as the group is committed . . .

 

[FUBAR]

I like the idea overall but agree with the wrinkles being an issue for the league to solve.

A potential problem with this which I have just thought of is:This award may become the primary focus of the league. As the years go by, records will be more difficult to set, and the progressive jackpot will continually grow. The jackpot may get to a point where the risk of "sacrificing" your team as whole to obtain "big play" players who have a chance of setting a league record may be worth the reward. Another scenario may be if you have a very solid team with great matchups and the jackpot is sitting at at a very high amount, it could logically make sense to overpay in a trade for one more stud with a great matchup that one week to take a legitimate shot at 50% of the jackpot by setting the leagues all time week score. This would offset the balance of the league by making certain teams weaker as an overall team and weaker over the long run while..."unfairly" enriching other teams. Another problem may arise where the progressive jackpot grows to a very large amount where it would actually entice managers to leave the league in order to get their "payout". Just some more thoughts.

In my experience, once a league is 4+ years old, it will take a truly crazy week to break it. In my home dynasty, we're heading into our 8th year and the 1 week record is 209 points. To put that in perspective, any 100 pt. week is very solid in this league. Generally speaking, the record isn't set by "studs" in hindsight. I'm talking wierd stuff like 3 defensive TD returns, kicker hitting a trio of 50+ yarders, etc. in conjunction with really good weeks from everybody else. So I don't think you can falsely build a team to go for the all-time high score. Ususally it's just a crazy parlay of the stars lining up.

In my leagues at this point, it takes a whole lot of luck to hit it. DEs have to get 4+ sacks with a TD, Corners get INTs and a TD, your RB gets 4 TDs, then MAYBE you'll have the top score. Things you can't count on. I would want to have an award for the annual top score, by position, by week, single game etc. Maybe a small amount should go into the next year, but IMO the majority should be handed out each year.

 

[number 9]

What happens if you run out of money and then a player/team goes off for best point total in league history?If the pot gets too big, have a clause that when it gets to X amount, it automatically resets to the initial amount and everybody gets a cut. Should eliminate owners just leaving to get paid.

Technically, you can't run out of money in a percentage payout system. But yes, it would suck real bad to hit the best team week ever and get paid of a $20 remaining jackpot. Incorporating a "Cap" on this jackpot may work. Not necessarily distribute it to owners, just allocate the funds which would usually go into the jackpot to other awards.

 

[number 9]

I like the idea overall but agree with the wrinkles being an issue for the league to solve.

A potential problem with this which I have just thought of is:This award may become the primary focus of the league. As the years go by, records will be more difficult to set, and the progressive jackpot will continually grow. The jackpot may get to a point where the risk of "sacrificing" your team as whole to obtain "big play" players who have a chance of setting a league record may be worth the reward. Another scenario may be if you have a very solid team with great matchups and the jackpot is sitting at at a very high amount, it could logically make sense to overpay in a trade for one more stud with a great matchup that one week to take a legitimate shot at 50% of the jackpot by setting the leagues all time week score. This would offset the balance of the league by making certain teams weaker as an overall team and weaker over the long run while..."unfairly" enriching other teams. Another problem may arise where the progressive jackpot grows to a very large amount where it would actually entice managers to leave the league in order to get their "payout". Just some more thoughts.

In my experience, once a league is 4+ years old, it will take a truly crazy week to break it. In my home dynasty, we're heading into our 8th year and the 1 week record is 209 points. To put that in perspective, any 100 pt. week is very solid in this league. Generally speaking, the record isn't set by "studs" in hindsight. I'm talking wierd stuff like 3 defensive TD returns, kicker hitting a trio of 50+ yarders, etc. in conjunction with really good weeks from everybody else. So I don't think you can falsely build a team to go for the all-time high score. Ususally it's just a crazy parlay of the stars lining up.

In my leagues at this point, it takes a whole lot of luck to hit it. DEs have to get 4+ sacks with a TD, Corners get INTs and a TD, your RB gets 4 TDs, then MAYBE you'll have the top score. Things you can't count on. I would want to have an award for the annual top score, by position, by week, single game etc. Maybe a small amount should go into the next year, but IMO the majority should be handed out each year.

I also like the idea of paying out a percentage of the jackpot for annual best records, as well as all-time. This will make sure managers are getting more awards each year, keep the jackpot to a more likely reasonable total, and keep the aspect of "hitting the jackpot" when your team puts together once in a decade performance. Would this set up make sense?: Each Individual Year: High Team Week Score - 10%; High Player Week at each position (QB, RB, WR, TE, K, D) - 5% PAYOUT AT END OF YEARAll-Time Records: Highest Team Week Score - 50%; Top 5 finish team week score - 10%; Highest player week score - 15%; Top 5 finish player week score - 5% PAYOUT IS PROGRESSIVE THROUGH YEAR (YOU HIT MARK DURING WEEK 9, YOUR ACCOUNT GETS CREDITED FOLLOWING WEEK 9, THUS LOWERING THE JACKPOT)

 

[number 9]

Update on this post: I put this idea up to vote in my league and it passed. The exact payout system is not set yet, but we are going to get together and work out the items to be awarded and the percentages of the pot. Has anybody else incorporated this into their league and have percentages set up yet?