League Safe (1 Viewer)

[Charch]

Does the sale of Fanball have any effect on LeagueSafe?

Nope! I sold Fanball in 2005, and left in 2007 to work on LeagueSafe. We are in no way connected.

 

[Charch]

Only reason I've never used their service is the guys in our leagues are used to getting weekly high points checks and they only allow payouts at the end of the season. With the advent of online bill pay with many banks we just use that to pay out winnings and don't have to deal with the mailing charges any longer.

For leagues that need to pay out mid-season, LeagueSafe is not a good option. We lock down the funds until week 16, because our primary charter is to make sure that nobody is tinkering with the league balance until the winners are known at the end of the year.

 

[Rounders]

Only reason I've never used their service is the guys in our leagues are used to getting weekly high points checks and they only allow payouts at the end of the season. With the advent of online bill pay with many banks we just use that to pay out winnings and don't have to deal with the mailing charges any longer.

For leagues that need to pay out mid-season, LeagueSafe is not a good option. We lock down the funds until week 16, because our primary charter is to make sure that nobody is tinkering with the league balance until the winners are known at the end of the year.

Is that because you take the funds and put them in a 3 month CD or other high interest account to gain interest?

 

[BassNBrew]

Do they charge for the service? Can they handle leagues that pay multiple years in advance?

Thanks

no charge.yep, u can pay for yrs ahead.

My startup dynasty is using it this yr, no problems so far.

No charge They charge 3%...so for a league that has a $100 entry fee each owner must pay $103...well worth it

To be clear about the 3% charge, it's only on deposits made by credit card, and it offsets the costs that the credit card companies charge us. So, the only people making money on that 3% is the credit card company, not us.When you make a deposit by e-check, or balance transfer, there are no fees. (Well, there are costs, but we eat them.)

Since we're returning 100% of your league's fees, we can't possibly eat the 3% fee that we're hit with when payments are made by credit card. I hope people can understand that.

I don't begrudge you making a profit but let's be honest here...you're not paying 3%. You're taking in a huge $ vloume compared to me and I'm getting a rate better than that.

 

[Charch]

Let me hit you leaguesafe commishes with one more question:I saw on the LeagueSafe website that if an owner pays after the due date, they take a 10 dollar penalty. I assume this penalty goes to LeagueSafe, and not to your league's pot? And on that same subject, lets say I set a due date of 1 week prior to the Draft, in the interest of getting everybody on board and confirmed before we do all that jazz. My plan would be to tell my owners that if they haven't paid by that due date, they'll be replaced. Would a potential replacement owner that paid "late" at that point be subject to the 10 dollar late fee?

So, here's the long story on the late payment fees. It's come about through trial and error with our payment deadlines. LeagueSafe year 1: We had no deadlines, and so naturally, guys dragged their feet, and didn't pay on time. And, of course, that also meant that we weren't following one of our key tenets: lock down league funds. No bueno. Commissioners hated it.LeagueSafe year 2: We had a payment deadline, after which it was impossible to pay. The deadline dramatically improved owners paying on time. (Our busiest days of the year are the three days before each payment deadline). But, those who didn't pay were locked out from paying, which was also bad. Commissioners wanted a way for owners to pay late.LeagueSafe year 3: We still have a payment deadline, about three weeks into the regular season. By default, late payments can't be made. But, optionally, commissioners can allow late payments to be accepted, and with a penalty fee. After all, if there's no penalty for paying late, the deadbeats will let it slide, and the good owners get no advantage for paying on time. The penalty is $10 to LeagueSafe and optionally, additional fees that are routed to your league's balance. Through focus group testing we found that $10 is enough to motivate people to pay on time, but not enough to cause any real hardship.Phew, there's the story. I hope that helps clarify things.

 

[Charch]

Only reason I've never used their service is the guys in our leagues are used to getting weekly high points checks and they only allow payouts at the end of the season. With the advent of online bill pay with many banks we just use that to pay out winnings and don't have to deal with the mailing charges any longer.

For leagues that need to pay out mid-season, LeagueSafe is not a good option. We lock down the funds until week 16, because our primary charter is to make sure that nobody is tinkering with the league balance until the winners are known at the end of the year.

Is that because you take the funds and put them in a 3 month CD or other high interest account to gain interest?

That's part of the reason, yes. The league funds are put into low-yield guaranteed-return vehicles spanning a fixed term. But more so because our fundamental charter is lock down monies during the season. Changing that would materially change our business, our code base, our marketing, and our compliance for fraud, money laundering, Patriot Act, etc...

 

[Charch]

Do they charge for the service? Can they handle leagues that pay multiple years in advance?

Thanks

no charge.yep, u can pay for yrs ahead.

My startup dynasty is using it this yr, no problems so far.

No charge They charge 3%...so for a league that has a $100 entry fee each owner must pay $103...well worth it

To be clear about the 3% charge, it's only on deposits made by credit card, and it offsets the costs that the credit card companies charge us. So, the only people making money on that 3% is the credit card company, not us.When you make a deposit by e-check, or balance transfer, there are no fees. (Well, there are costs, but we eat them.)

Since we're returning 100% of your league's fees, we can't possibly eat the 3% fee that we're hit with when payments are made by credit card. I hope people can understand that.

I don't begrudge you making a profit but let's be honest here...you're not paying 3%. You're taking in a huge $ vloume compared to me and I'm getting a rate better than that.

Yeah, we're charged a little under 3%, but as you probably know, there are also flat fees on every transaction, so small dollar transactions end up being more than 3%. Add in other fees, like annual merchant fees, and we probably net out to something close to 2.9%. Trust me, there's virtually no profit in this area for us, (and plenty for the credit card companies).

 

[Northbound Train]

Thanks for the replies Charch.

I look forward to the day when an Owner can transfer some of HIS winnings if he chooses so, to take care of all the hard working Commishes that make FF fun :(

 

[Football Critic]

Talked to the guys at league safe today, as there was an issue with my card...a very rare occurance, but the people at league safe, not the cradit card provider, but the people at league safe themselves were very helpful and seemed to care about the issue. that typoe of service is all that matters...when it comes to money are they trying to help or hurt. My commish runs of with the cash, and league safe cared about the money not working on my card. Not hard to see the upside in league safe. I also was told by christian, one of the higher ups, that they are members on FBG, so if you have an issue ask one of them to chime in. they are very kind.

 

[stugnut]

Charch, there was a thread over on MFL where a poster said he had some questions for you (see below) but that after contacting you, you "refused to address any of [his] questions or concerns". I doubt that is truly the case and since you likely did not get a chance to see that thread (here) I thought you may want to respond to it here:

I did a fairly thorough investigation of League Safe for my league. My findings caused us to not use the LS service.

As part of my investigation I contacted the owner of LS (not easy as there is no contact info on site), but he refused to address my questions.

I, also, called the "partner bank," US Bank, but they are not a partner.

Below is an e-mail sent to the owner of League Safe listing my concerns:

The company is owned by a Minn based web designer, Paul Charchian, and holds over 1 million dollars for leagues. The company is "private" and is likely a d/b/a company that is incorporated under another name (at least I could not find them in a corporate records search and there is no corporate name information on the site).

I attempted to contact League Safe to ask if the "partner banks" (listed on site) would provide a reference for the company. However, League Safe does not provide a method to contact the company until you sign your league up to use their service. So, there is no way for me to ask this question.

The description on site FAQs is:

"Is LeagueSafe really secure? Of course. After you pay your entry fee, your funds are secured all season long at one of our two FDIC-insured partner banks, U.S. Bank or The Bancorp Bank. Think of LeagueSafe as a type of escrow account for your league's fantasy funds. They're controlled by a third party and can't be released unless you and your league members vote to allow the funds to be dispersed in accordance with your league's rules at the end of the season."

The problem with this is that the accounts are not "escrow accounts" but rather are deposit accounts that are in the name of League Safe, and that the FDIC insurance does not protect anyone except the deposit account holder. The funds are not "secured" by any collateral, guaranty or bank agreement. Because the league members are not named on the deposit account, any “vote,” or request for payment, does not legally have to be honored by the “partner banks.”

I called US Bank that is listed as the “partner bank.” US Bank takes the position that they will not release any private information on any customer, or League Safe, for privacy reasons. The US Bank representative advised that the bank does not "partner" with companies as a rule, nor does the bank usually "secure" the funds against loss to third parties.

I concluded that the statements on the League Safe website (FAQs) were at best misleading, and at worst, just false, in that:

1. The funds are not in an escrow account;

2. The Banks listed are not “partner banks,” and are not partners in the business;

3. The FDIC insurance does not protect the leagues from loss, but rather the deposit holder;

4. The funds are not “secured,” but rather are “unsecured” in that there is a contract with League Safe that is “unsecured” by collateral or guarantee;

5. The “third party” that is referred to is League Safe or a d/b/a company and not an independent third party (bonded) as is used in escrows;

6. The “league members vote to allow” is meaningless and unenforceable.

The question is whether or not to trust a company that is:

1. out of state (D/B/A);

2. new in business;

3. private (unknown capitalization);

4. uninsured and not bonded;

5. has check writing control of accounts.

6. difficult to contact without street address, company information, or principals of company;

7. Has erroneous information on their web site description.

The refusal of the owner to answer my questions was a red flag. That coupled with the misinformation on the LS site, made our league's decision easy.

 

[griff321]

The owner of League Safe, Paul Chaucharian(sp?) is a good egg. A guy that's been quite influential to the FF industry- someone I imagine many (if not all) FF site owners think highly of too. Paul is not going anywhere. He has a fantastic reputation and I'd swear he's on TV and radio. I don't know WePay.com. I don't know LetUsHoldYourFFMoneyForYou.com either. There are so many threads here every year and even more stories of people getting ripped off. You have got to be kidding me if you are going to go away from Paul's site out of curiosity. If you want to switch to a bank or somesuch that's one thing. Paul's not the only game in town. But don't do it out of curiosity that is just plain silly.

He is on TV and radio, but I think only in the MN market. He has his own weekly fantasy football show on KFAN where he also does bits on a variety of shows, co-hosts with Paul Allen, and sometimes fills in. Then he does the Vikings post game on Fox.Not that all people on the air are above doing something dirty, this is simply not the case here. He's a class act family guy who I wouldn't hesitate to send my hard earned dollars to. I don't think I've ever heard a single bad thing about the guy. The guy is an innovator in the industry and new things can seem scary, but his reputation stands for itself. That's what it all boils down to and he isn't Kenneth Lay.Thanks Paul for all the free advice through the years and creating awesome things like leaguesafe and fanball(even though it did turn into a mess and die after you sold it. Fanball still forced others to improve just to keep up.)

 

[Charch]

Charch, there was a thread over on MFL where a poster said he had some questions for you (see below) but that after contacting you, you "refused to address any of [his] questions or concerns". I doubt that is truly the case and since you likely did not get a chance to see that thread (here) I thought you may want to respond to it here:

I did a fairly thorough investigation of League Safe for my league. My findings caused us to not use the LS service.

As part of my investigation I contacted the owner of LS (not easy as there is no contact info on site), but he refused to address my questions.

I, also, called the "partner bank," US Bank, but they are not a partner.

Below is an e-mail sent to the owner of League Safe listing my concerns:

The company is owned by a Minn based web designer, Paul Charchian, and holds over 1 million dollars for leagues. The company is "private" and is likely a d/b/a company that is incorporated under another name (at least I could not find them in a corporate records search and there is no corporate name information on the site).

I attempted to contact League Safe to ask if the "partner banks" (listed on site) would provide a reference for the company. However, League Safe does not provide a method to contact the company until you sign your league up to use their service. So, there is no way for me to ask this question.

The description on site FAQs is:

"Is LeagueSafe really secure? Of course. After you pay your entry fee, your funds are secured all season long at one of our two FDIC-insured partner banks, U.S. Bank or The Bancorp Bank. Think of LeagueSafe as a type of escrow account for your league's fantasy funds. They're controlled by a third party and can't be released unless you and your league members vote to allow the funds to be dispersed in accordance with your league's rules at the end of the season."

The problem with this is that the accounts are not "escrow accounts" but rather are deposit accounts that are in the name of League Safe, and that the FDIC insurance does not protect anyone except the deposit account holder. The funds are not "secured" by any collateral, guaranty or bank agreement. Because the league members are not named on the deposit account, any “vote,” or request for payment, does not legally have to be honored by the “partner banks.”

I called US Bank that is listed as the “partner bank.” US Bank takes the position that they will not release any private information on any customer, or League Safe, for privacy reasons. The US Bank representative advised that the bank does not "partner" with companies as a rule, nor does the bank usually "secure" the funds against loss to third parties.

I concluded that the statements on the League Safe website (FAQs) were at best misleading, and at worst, just false, in that:

1. The funds are not in an escrow account;

2. The Banks listed are not “partner banks,” and are not partners in the business;

3. The FDIC insurance does not protect the leagues from loss, but rather the deposit holder;

4. The funds are not “secured,” but rather are “unsecured” in that there is a contract with League Safe that is “unsecured” by collateral or guarantee;

5. The “third party” that is referred to is League Safe or a d/b/a company and not an independent third party (bonded) as is used in escrows;

6. The “league members vote to allow” is meaningless and unenforceable.

The question is whether or not to trust a company that is:

1. out of state (D/B/A);

2. new in business;

3. private (unknown capitalization);

4. uninsured and not bonded;

5. has check writing control of accounts.

6. difficult to contact without street address, company information, or principals of company;

7. Has erroneous information on their web site description.

The refusal of the owner to answer my questions was a red flag. That coupled with the misinformation on the LS site, made our league's decision easy.

Yeah, I tried to have a straight conversation with this guy last year, but quickly it became clear that his mind was irrevocably set against us, and in my opinion, unfairly. It was also clear that he had never used the site, even for a sample $0.01 league. Funny, he never posted a follow-up with the information I gave him that refuted his claims. There was no way to satisfy this guy, so I disengaged.

Most of what he listed as fact isn't true, or isn't material (in my opinion).

- We aren't a new company. We've been around since 2007, when I left Fanball.

- We are insured.

- We're in Minnesota, not every state. Is there really an expectation that we have an office in every state? Our street address and contact information is throughout the site, available on the Better Business Bureau, etc...

- We aren't hiding from anyone. I'm on radio and TV frequently. I'm the president of the Fantasy Sports Trade Association. Any suggestion that we're shadowy is personally offensive. And we have customer service available from a link on every damn page of the site.

- This guy called his local US Bank branch, and used a conversation with someone who has no knowledge of LeagueSafe , and he used that as a basis for declaring that we're mis-representing our relationship?!? I'm really angry about that. We deal directly with US Bank's treasury management team at their world headquarters. They guided our treasury relationship from Day 1, before we wrote a line of code. They work with us on fraud issues, Patriot Act compliance, money laundering, and many other things. And, they have approved all of the ways that we display their marks and name.

- He's really knocking FDIC insurance? Who does that? If a bank fails, don't you want to know that the money isn't lost?

- League member voting is 100% enforceable. If your league is set to allow payout allocations only by league approval, it doesn't happen without a league vote. Period.

- We've had hundreds of thousands of transactions, and maintained a perfect BBB rating.

He's right about this: We don't escrow customer funds. But, we're like an escrow service for our customers. We invest deposits in low-yield, 100%-guaranteed return vehicles. Banks do much more speculative things with investors money every day.

You can't please everyone. I understand that LeagueSafe won't hit everyone's threshold for comfort. But, I think we're operating way above reasonable standards for security.

 

[Charch]

The owner of League Safe, Paul Chaucharian(sp?) is a good egg. A guy that's been quite influential to the FF industry- someone I imagine many (if not all) FF site owners think highly of too. Paul is not going anywhere. He has a fantastic reputation and I'd swear he's on TV and radio. I don't know WePay.com. I don't know LetUsHoldYourFFMoneyForYou.com either. There are so many threads here every year and even more stories of people getting ripped off. You have got to be kidding me if you are going to go away from Paul's site out of curiosity. If you want to switch to a bank or somesuch that's one thing. Paul's not the only game in town. But don't do it out of curiosity that is just plain silly.

He is on TV and radio, but I think only in the MN market. He has his own weekly fantasy football show on KFAN where he also does bits on a variety of shows, co-hosts with Paul Allen, and sometimes fills in. Then he does the Vikings post game on Fox.Not that all people on the air are above doing something dirty, this is simply not the case here. He's a class act family guy who I wouldn't hesitate to send my hard earned dollars to. I don't think I've ever heard a single bad thing about the guy. The guy is an innovator in the industry and new things can seem scary, but his reputation stands for itself. That's what it all boils down to and he isn't Kenneth Lay.Thanks Paul for all the free advice through the years and creating awesome things like leaguesafe and fanball(even though it did turn into a mess and die after you sold it. Fanball still forced others to improve just to keep up.)

Thanks very much for the kind words, Griff. Much appreciated!

 

[BeTheMatch]

Thanks very much for the kind words, Griff. Much appreciated!

Not to hijack here, Charch, but what's your turnaround time on sending out those Visa cards when we withdraw winnings? It's been 10 days and I still haven't received it yet. The email doesn't say how long we should expect to wait before receiving it.

 

[Northbound Train]

Not to hijack here, Charch, but what's your turnaround time on sending out those Visa cards when we withdraw winnings? It's been 10 days and I still haven't received it yet. The email doesn't say how long we should expect to wait before receiving it.

Copied from League Safe...Load my winnings onto a Visa card (FREE) NO PROCESSING FEEESTIMATED DELIVERY: 6–8 BUSINESS DAYSHave they been business days

 

[BeTheMatch]

Not to hijack here, Charch, but what's your turnaround time on sending out those Visa cards when we withdraw winnings? It's been 10 days and I still haven't received it yet. The email doesn't say how long we should expect to wait before receiving it.

Copied from League Safe...Load my winnings onto a Visa card (FREE) NO PROCESSING FEEESTIMATED DELIVERY: 6–8 BUSINESS DAYSHave they been business days

Yesterday was the eighth business day. Hopefully it will be here Tuesday (no mail Monday).

 

[Charch]

Not to hijack here, Charch, but what's your turnaround time on sending out those Visa cards when we withdraw winnings? It's been 10 days and I still haven't received it yet. The email doesn't say how long we should expect to wait before receiving it.

Copied from League Safe...Load my winnings onto a Visa card (FREE) NO PROCESSING FEEESTIMATED DELIVERY: 6–8 BUSINESS DAYSHave they been business days

Yesterday was the eighth business day. Hopefully it will be here Tuesday (no mail Monday).

Here's the skinny:We send all Visa requests to our issuing bank on the same business day you request them. It usually takes 7ish days for you to get the card, but there are variables here, like banking holidays, postal holidays, the day of the week you made your request (make it Friday evening, and the issuing bank won't start processing the file until Monday, and that's three days right there), and flaky service from the USPS. At any time, we can ask for a reissue for your card. Just ask us, and we'll do that for you. That will re-start the 6-8 business days, so I wouldn't do it until about 10 business days from your original card. I'd hate to re-start the clock, only to have your original card (now deactivated) no longer work because we ordered a reissue. But again, it's up to you. Just reach out to our customer service department if you get to a point that you want the reissue.

 

[The Captain]

Can someone clarify something for me?

Our league requires a pre-pay of 50% of the next season's league fees if you deal a future draft pick. I want to clarify that if someone needs to prepay after the designated league fee deadline that there won't be any issues. I'm guessing that the deadline is only for the current years fees, so once the full amount of the league fee for the current year is received, the deadline clock is no longer an issue...and there won't be a $10 late fee.

I don't want someone charged a $10 late fee if they need to prepay for 2012 in October or November.

 

[pretender]

 

[The Captain]

 

[Novice2]

Anyone having any issues with leaguesafe? At first i had issues getting signed in at all now I keep getting a Email Address is invalid error when i try to invite people.

Customer service has been quick to respond but im just wondering if anyone else is having problems or does leaguesafe just hate me?

 

[rocketsauce]

I hunted down this thread because we decided to use Leaguesafe this year, and many of my owners are having trouble getting registered.

I've sent them all email invites, they're all getting those invites, and follow the link. However, after they fill out their information and then click "sign up" they're reporting back that NOTHING is happening. No errors, no problems, just nothingness.

I had no problem signing in, and I believe some of my owners have signed in successfully, however I've had 4 or 5 already text or email me that they can't get registered with Leaguesafe. Perhaps just a busy time and the server on the signup page is feeling it?

 

[stugnut]

I just signed in to my account (been using for a few years) with no problems. However, for some reason, it won't let me log in via https, so I'm sending my username and pw in clear text. Not too happy about that for a site that holds the keys to my leagues $$$

I logged in again and it's now https. I'm not sure if something was changed on their end or if, more likely, I was doing something stupid when I tried yesterday.

 

[sihaokills]

Who doesn't use Leaguesafe?

 

[Novice2]

I hunted down this thread because we decided to use Leaguesafe this year, and many of my owners are having trouble getting registered.

I've sent them all email invites, they're all getting those invites, and follow the link. However, after they fill out their information and then click "sign up" they're reporting back that NOTHING is happening. No errors, no problems, just nothingness.

I had no problem signing in, and I believe some of my owners have signed in successfully, however I've had 4 or 5 already text or email me that they can't get registered with Leaguesafe. Perhaps just a busy time and the server on the signup page is feeling it?

I had this problem with signing in. I sign in and it just refresh back to the sign in page. Customer service said something about javascript. I have it enabled. I just signed up on another computer.

I just signed in to my account (been using for a few years) with no problems. However, for some reason, it won't let me log in via https, so I'm sending my username and pw in clear text. Not too happy about that for a site that holds the keys to my leagues $$$

Not good at all.Least i do know it isn't just me now.

 

[Novice2]

Who doesn't use Leaguesafe?

With the issues i been having trying to get signed up you may count me among those that dont use leaguesafe.

 

[nysportsfan]

Who doesn't use Leaguesafe?

I don't, but I also play with 11 other guys I personally know. I send out winnings the day after the last game.

 

[stugnut]

I hunted down this thread because we decided to use Leaguesafe this year, and many of my owners are having trouble getting registered.

I've sent them all email invites, they're all getting those invites, and follow the link. However, after they fill out their information and then click "sign up" they're reporting back that NOTHING is happening. No errors, no problems, just nothingness.

I had no problem signing in, and I believe some of my owners have signed in successfully, however I've had 4 or 5 already text or email me that they can't get registered with Leaguesafe. Perhaps just a busy time and the server on the signup page is feeling it?

I had this problem with signing in. I sign in and it just refresh back to the sign in page. Customer service said something about javascript. I have it enabled. I just signed up on another computer.

I just signed in to my account (been using for a few years) with no problems. However, for some reason, it won't let me log in via https, so I'm sending my username and pw in clear text. Not too happy about that for a site that holds the keys to my leagues $$$

Not good at all.Least i do know it isn't just me now.

I just edited my original post because I am now being logged in via https, so all is good.

 

[sdurity]

I know money leagues are popular. We found, though, that trying to enforce payment rules just broke up the league. We require a small team fee up-front (at the Draft) to cover costs plus our post-season party. Then we don't worry about money at all. You can read more here: http://www.associatedcontent.com/article/8186613/fantasy_football_rules_to_keep_your.html?cat=14

It was very interesting to see that such a service/site exists. Oh what opportunities FF has created...

 

[Novice2]

I hunted down this thread because we decided to use Leaguesafe this year, and many of my owners are having trouble getting registered. I've sent them all email invites, they're all getting those invites, and follow the link. However, after they fill out their information and then click "sign up" they're reporting back that NOTHING is happening. No errors, no problems, just nothingness. I had no problem signing in, and I believe some of my owners have signed in successfully, however I've had 4 or 5 already text or email me that they can't get registered with Leaguesafe. Perhaps just a busy time and the server on the signup page is feeling it?

I had this problem with signing in. I sign in and it just refresh back to the sign in page. Customer service said something about javascript. I have it enabled. I just signed up on another computer. Least i do know it isn't just me now.

I just edited my original post because I am now being logged in via https, so all is good.

 

[dehaven123]

ok. report here.

Notso happy w/ LeagueSafe right now.

Be warned.

I had a league last yr. I was the commish. League disbanded.

LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through. As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league. Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

 

[stugnut]

ok. report here.

Notso happy w/ LeagueSafe right now.

Be warned.

I had a league last yr. I was the commish. League disbanded.

LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through.

So in other words, as the commish:1. YOU setup your league on Leaguesafe

2. YOU selected the option of a league vote to disperse winnings

3. YOU then went and left your winnings untouched at the end of the season

4. YOU also didn't allocate the money owed to yourself as the commish for MFL fees

5. YOU then disbanded the league months later before holding a league vote on dispersing winnings

and now YOU are upset because you have to... follow the rules YOU originally setup on how monies are dispersed? Seriously? Guess what, this isn't LeagueSafe's problem, it's YOURS and one of your own making.

As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league.

The reason you are having trouble getting LeagueSafe to give you your money, is because LeagueSafe is doing exactly what you, as the commish, told them you wanted them to do; Hold a freaking vote by the owners of a league that you, for some stupid reason, disbanded before the owners could vote!

Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

Just the opposite. Having a 3rd party hold your money should come with the following warning:

"Warning. We are going to handle your money exactly as you tell us to. We will not be responsible for reading your mind or correcting your bad decisions. We are going to hold you to the rights you exercised as the commish. If you chose to exercise those rights poorly, well, I guess you can apply the time honored salve of complaining on a forum somewhere. But we will still follow the payout rules that you originally asked us to follow. However, as a courtesy to you, when we finally get that mind reading thing figured out, we will PM your brain with instructions on how to get your money."

 

[Sudoku_in_the_Bathtub]

ok. report here.Notso happy w/ LeagueSafe right now.Be warned.I had a league last yr. I was the commish. League disbanded. LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through. As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league. Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

Sounds like they're going by the settings that you set up. Perhaps YOU (bold, underline, italicize that word) should be more careful next time on what settings you select....

 

[Stealthycat]

after the Chris Bruce debacle ..... we use leaguesafe

 

[dehaven123]

ok. report here.

Notso happy w/ LeagueSafe right now.

Be warned.

I had a league last yr. I was the commish. League disbanded.

LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through.

So in other words, as the commish:1. YOU setup your league on Leaguesafe

2. YOU selected the option of a league vote to disperse winnings

3. YOU then went and left your winnings untouched at the end of the season

4. YOU also didn't allocate the money owed to yourself as the commish for MFL fees

5. YOU then disbanded the league months later before holding a league vote on dispersing winnings

and now YOU are upset because you have to... follow the rules YOU originally setup on how monies are dispersed? Seriously? Guess what, this isn't LeagueSafe's problem, it's YOURS and one of your own making.

As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league.

The reason you are having trouble getting LeagueSafe to give you your money, is because LeagueSafe is doing exactly what you, as the commish, told them you wanted them to do; Hold a freaking vote by the owners of a league that you, for some stupid reason, disbanded before the owners could vote!

Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

Just the opposite. Having a 3rd party hold your money should come with the following warning:

"Warning. We are going to handle your money exactly as you tell us to. We will not be responsible for reading your mind or correcting your bad decisions. We are going to hold you to the rights you exercised as the commish. If you chose to exercise those rights poorly, well, I guess you can apply the time honored salve of complaining on a forum somewhere. But we will still follow the payout rules that you originally asked us to follow. However, as a courtesy to you, when we finally get that mind reading thing figured out, we will PM your brain with instructions on how to get your money."

Agree.YOU are right.

False alarm.

 

[dehaven123]

ok. report here.Notso happy w/ LeagueSafe right now.Be warned.I had a league last yr. I was the commish. League disbanded. LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through. As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league. Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

Sounds like they're going by the settings that you set up. Perhaps YOU (bold, underline, italicize that word) should be more careful next time on what settings you select....

Yep, I'm wrong.Nothing to see here.

 

[The Captain]

Can anyone tell me how to make pre-pays to my team for 2012? All teams are paid in full, but if we trade future picks we owe half the league dues. The payment deadline is set for August 31 right now. When I try to pay, it won't let me add to my own teams balance, it tries to create a new team.

Any idea how I add to my team's balance? Since leaguesafe changed their layout I'm having a hard time finding their message board and handling the accounting.

I appreciate any insight you can offer.

 

[dehaven123]

ok. report here.Notso happy w/ LeagueSafe right now.Be warned.I had a league last yr. I was the commish. League disbanded. LeagueSafe is telling me I need to allocate payment to myself for my money I fronted on the league site(MFL fees, $70.00 or whatever it is) and my winnings($40.00) that I did not allocate last yr at the end of the season. Just procrastinated and at the time, thought I'd be carrying the league forward to 2011 so wasn't pressed. Couple months later, decided to disband league. So, I've been trying to get my money, albeit late, but the money is mine. Now, owners have gone vacant. LeagueSafe is giving me a hard time about getting my money to me telling me I need to wait another wk for the allocation poll to go through. As the commish, I should not be having issues w/ rec. money that is mine. Be careful w/ your LeagueSafe settings on your league. Having a 3rd party hold your money should come w/ absolving yourself of all rights a commish. Color me dissatisfied.

In my situation, I'm wrong.Didnt think it through when I was heated.Issues I experienced were my fault.Carry on.

 

[Lash]

only two issues for me

1) with leagues website, draft boards/software, miscellaneous fees, and now league safe fees we are now up to about 20-25% of league monies not going back into league payout so i usually balk at any added fees if there is a way around it

(p.s. i dont fault LeagueSafe for this they have a fair business model, i simply try to put all money back in pool)

2) their debit card they send out tends to either have an expiration date or has a glitch that makes it faulty after a few purchases

(i had one with about $12 left after a few purchases and it wouldn't work anymore)

 

[Porkchop Express]

Similar to an above question, Im starting a dynasty and want to use leaguesafe but require a deposit for next year as well as the current year. Is there a function that allows only a certain % of the money to be dispersed this year? Thanks.