Yahoo Not Charging Any Fees For Cash Leagues (1 Viewer)

[cstu]

This was a pretty big surprise when I joined a Yahoo league at work - they allow you to pay by credit card and do not charge any fees.

Pretty much a LeagueSafe killer since Yahoo isn't going to run off with your money.

https://help.yahoo.com/kb/fantasy-football/SLN26485.html?impressions=true

How to play Yahoo Sports Private Cash Leagues

Get your friends together and make your Fantasy season even more interesting with Private Cash Leagues.

Unlike regular Yahoo Sports private leagues, Private Cash Leagues support a cash contest where participants pay an entry fee and are awarded with a cash payout if they do well enough.

We've got your back, Commissioners! We'll collect your league's dues and issue payouts when the season is over so you can focus on what's important - running (and of course, winning) your Private Cash League.

Best of all, it's free! Yahoo doesn't charge any transaction fees. Just create a Private Cash League (or join a Private Cash League's contest) and focus on winning.

 

[FreeBaGeL]

I guess the obvious market left for LeagueSafe is that you don't have to run your league on Yahoo, but other than that (I actually prefer Yahoo for redraft leagues personally) yeah it's a pretty sweet deal.

 

[cstu]

I guess the obvious market left for LeagueSafe is that you don't have to run your league on Yahoo, but other than that (I actually prefer Yahoo for redraft leagues personally) yeah it's a pretty sweet deal.

I was focused on redraft since that's what most people are still doing. For dynasty you really want to use MFL and LeagueSafe is still useful for that.

Would love to get Charch's opinion on what Yahoo is doing.

 

[Craig_MiamiFL]

Great move by Yahoo. Big fan of their setup.

So much easier to deal with as a commissioner

 

[grateful zed]

yahoo is good and its free. havent they always been free?

 

[billmatic]

yahoo is good and its free. havent they always been free?

As far as I remember the league hosting has always been free, but now they're essentially adding free LeagueSafe functionality as well which I believe is new this year.

 

[Fantasysports1]

I am not sure but if Yahoo does not collect entry fees until after the season is over, there could be issues with getting everyone to pay.

I believe that all entry fees should be collected prior to the draft. If you know the people it is different but over forums and where you do not, it gives incentive for a losing player to not pay.

 

[Craig_MiamiFL]

You have to pay to join the league with Yahoo.

There's no 'join now....pay later'.

That's the beauty of it. (Besides no fees as well)

 

[Fantasysports1]

"We'll collect your league's dues and issue payouts when the season is over so you can focus on what's important - running (and of course, winning) your Private Cash League."

This portion when I read it made it sound like they would collect when the season is over. I have played in Yahoo Pro leagues before. The pay by Credit card also is of note because not everyone pays their credit card transactions when the time comes. Since Yahoo pays near the end of the year if there are any holdups with people paying credit card transactions, you probably won't be paid until next year.