Here here!i definetly didn't think i'd be joining another this year, but i'm in nonetheless.
Here here!i definetly didn't think i'd be joining another this year, but i'm in nonetheless.
I second this ideaThis sounds great, I'm deffenetly in.Just one suggenstion: make the seeds in week 11 go by the total points in weeks 1-10, not just the week 10 scores. This way it will really be the strong teams in the high seeds, not just the teams who got lucky in week 10.
I think Unlucky's pissed b/c that will limit the people that sign up for his leagues! So now, he won't be able to make the interest on the money that he holds until December.When did Unlucky become the FBG Information Minister?When the official contest is announced, you'll be able to sign up immediately.The deadline for signing up will not be until the middle of August, a few days prior to the actual drafts. You'll have plenty of time to sign up.Zippy - you don't have to subscribe to play.Can we at least know when the signups will begin and end?
It's going to be another day or two.
He didn't really say WHICH Tuesday morning now did he?Finalizing the rules now. Look for full details Tuesday morning.
One question DD...Since you're making me wait a year to collect my 100 grand, will you be awarding me an appropriate amount of interst on those funds in the interim?Yes I am very bummed we are going to wait a year, but I think by waiting we will have things a lot more solid and will have a lot better advertising push. We will likely also have the draft closer to the start of the season to maximize entries. If all goes well, we certainly should be able to create a $100,000 first prize against a $50 entry fee. We feel so strongly that this will be a hit that we will likely guarantee the top prize to be at least $50,000We are making this contest a very high priority for next year.
DD:If there are going to be 500 leagues with 12 teams a league and $50 a team, that will generate $300,000. I understand it costs something to run/maintain these leagues, but only paying out $150,000 or half of the money you take in seems quite steep to me. Thanks.KIDSorry this post took so long to get back to. The interest has been huge in this contest/format, but we have run into some snags here regarding legal, website setup, software functionality , credit card taking, etc.None of these are show-stoppers by themselves, but we feel we were running out of time to do this correctly. Footballguys.com break-even point on this contest is about 50 leagues and although we think we would come close to selling that many (600 people), it would take a lot of effort we do not have to give at this at this time.So here is where we are at with things.1. We have brought in Michael Zangrilli (Unlucky from the boards) to be our lead for Leagues going forward. 2. We will be very active with leagues next year having many different varieties and having among the best returns in the industry.3. We will have the Mega-Survivor as stated in this thread starting next year and will be promoting early and often.4. We expect with an early push that we can fill close to 500 leagues which would create a $150,000 prize against a $50 entry fee. we also think we can guarantee a $50,000 top prize regardless of entries next year (Top prize = maximum of $50,000 or $300 per league).I know some people are going to be disappointed in this announcement and we are too. I just also know that if we do this I want it to go smoothly and I want it to be a big success. With the limited time we have between now and when we would draft, I did not feel we could put the resources needed against this project (without sacrificing our premium content) this season.
Look at the first post in the thread. 150K is just the amount for first place. 2nd place would pay 25k, 3rd would pay 12.5K, etc.If there are going to be 500 leagues with 12 teams a league and $50 a team, that will generate $300,000. I understand it costs something to run/maintain these leagues, but only paying out $150,000 or half of the money you take in seems quite steep to me. Thanks.KID