Setting Up A Dynasty League (1 Viewer)

[CBower4545]

Here is an issue I have come across both as player and as a Commissioner. If your guy like me and you don't have board credentials people (rightfully so) are reluctant to join your money leagues. I have been on the receiving end, joining leagues that were less then good about dealing with money. Now I don't mind the responsibility of handling the money, but is there any reliable respected third party system that would work with MFL. I don't do it for the money I pay the MFL cost myself and payout whats paid in, but I also don't want owners to have to worry about it. I guarantee I will get people their money in an effective and timely manner, but what does that mean from a guy people don't know? I think it would be a great service for a respectable site to offer, someone to hold the money, and pay it out to the winners according to each leagues rules. Or even if they standardize payouts but offered a guaranteed service it would be worth it. At the same time as a commissioner I can't just hand over everyone's money to just anyone because then I am the hook for a large chuck of dough if a source is less then reliable. I have looked but I haven't found anything, just thought I would ask you guys if there any solutions you have come to. My start up dynasty league is in my sig if you want to take a look.

 

[Hoss_Cartwright]

I doubt MFL would ever off such a service, because after all, it is gambling. After the owners in your league sees that you will pay the winners in a timely manner all fears will subside. Make sure all owners in your league have your home address, paypal address, and phone number. That should help with their fears.

 

[coolnerd]

I am headed out of the door at this moment, but I am pretty sure that during the summer someone announced that such as service was starting. Basically, the funds were being going to be sent to this third party who would then handle sending out the payments etc. If someone has not remembered by the time I get home, I will try and fine the thread.

 

[CBower4545]

I am headed out of the door at this moment, but I am pretty sure that during the summer someone announced that such as service was starting. Basically, the funds were being going to be sent to this third party who would then handle sending out the payments etc. If someone has not remembered by the time I get home, I will try and fine the thread.

Thanks for the tip. I did some more research and I think this is what you are talking about.League Safe

Very Cool Idea!

 

[coolnerd]

I am headed out of the door at this moment, but I am pretty sure that during the summer someone announced that such as service was starting. Basically, the funds were being going to be sent to this third party who would then handle sending out the payments etc. If someone has not remembered by the time I get home, I will try and fine the thread.

Thanks for the tip. I did some more research and I think this is what you are talking about.League Safe

Very Cool Idea!

Just got back in and glad you were able to find it.

 

[kurtrudder]

I gather that League Safe is a reasonably new concept, is 2008 it's first year?

I have the same issue as the OP so I am wondering what are other people's experiences using League Safe or any other 3rd party Financial Management services available for fantasy league commissioners.

Are there any other third party financial management services available for fantasy league commissioners that anyone is aware of?

 

[Bob Wiley]

I gather that League Safe is a reasonably new concept, is 2008 it's first year? I have the same issue as the OP so I am wondering what are other people's experiences using League Safe or any other 3rd party Financial Management services available for fantasy league commissioners. Are there any other third party financial management services available for fantasy league commissioners that anyone is aware of?

Has anyone used LeagueSafe?

 

[CBower4545]

I think this is the first year of it. My league is using it. There has been a couple of bugs with the software, but customer support has been good. I guess being the first year bugs should be expected. After the year is over I post back here let you know how it worked for me.