Post by Admin on Jan 4, 2017 19:54:56 GMT -4
LEAGUE DUES
Everyone will pay one year in advance even if you don't trade future picks. This is to enable longevity for the league and keep members active. I feel a scenario such as having to pay for the future season if you trade a future draft pick discourages trading. Instead, members will pay year 1 and year 2 upfront upon entering the league. This way you pay a year in advance for each additional season.
Each new season members will pay for the next season in February, see League Calender for more.
Pay
$50.00 buy-in will be due 24 hours after you agree to be a part of the league and are accepted by The Degenerate League. All money will be collected through league safe and will be distributed within 7 days of the league championship week (Week 16). If we do not reach capacity all money will be refunded.
Important Note: Once you buy in you are in unless there are extreme circumstances. Be sure you are ready to commit to this league before you request to become a member. Refunds will only be given in the most extenuating circumstances or if the league doesn't fill. If you fail to do your duties as a Degenerate member are are for any reason removed from the league by the commissioner your dues will not be refunded to you.
DISBURSEMENT OF LEAGUE FUNDS
$600.00 League Funds ($50.00 buy in, 12 league members)
Prizes
League Champion: $400.00
2nd Place: $100.00
3rd Place : $50.00
Most Regular Season Points: $25.00
Money put aside for Empire Victor (first repeat Champion) per year, $25.00. Once a repeat champion is crowned, he will take home the League Champion purse as well as all money put aside for Empire Victor.
Disclaimer
I understand money can be a concern in a online league. I will be as transparent as possible with all funds. The general fund and all other funds will be tracked on LEAGUE SAFE so you can see where your money is going. Costs and payouts are subject to change based on league wide vote.
Everyone will pay one year in advance even if you don't trade future picks. This is to enable longevity for the league and keep members active. I feel a scenario such as having to pay for the future season if you trade a future draft pick discourages trading. Instead, members will pay year 1 and year 2 upfront upon entering the league. This way you pay a year in advance for each additional season.
Each new season members will pay for the next season in February, see League Calender for more.
Pay
$50.00 buy-in will be due 24 hours after you agree to be a part of the league and are accepted by The Degenerate League. All money will be collected through league safe and will be distributed within 7 days of the league championship week (Week 16). If we do not reach capacity all money will be refunded.
Important Note: Once you buy in you are in unless there are extreme circumstances. Be sure you are ready to commit to this league before you request to become a member. Refunds will only be given in the most extenuating circumstances or if the league doesn't fill. If you fail to do your duties as a Degenerate member are are for any reason removed from the league by the commissioner your dues will not be refunded to you.
DISBURSEMENT OF LEAGUE FUNDS
$600.00 League Funds ($50.00 buy in, 12 league members)
Prizes
League Champion: $400.00
2nd Place: $100.00
3rd Place : $50.00
Most Regular Season Points: $25.00
Money put aside for Empire Victor (first repeat Champion) per year, $25.00. Once a repeat champion is crowned, he will take home the League Champion purse as well as all money put aside for Empire Victor.
Disclaimer
I understand money can be a concern in a online league. I will be as transparent as possible with all funds. The general fund and all other funds will be tracked on LEAGUE SAFE so you can see where your money is going. Costs and payouts are subject to change based on league wide vote.
