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Post by Devils GM(Colin) on Sept 4, 2016 14:46:09 GMT -5
If the majority votes yes, it will still not be mandatory, we would just split the pot via the contributers.
Eg. 1st = 60% of prize pool
2nd = 30% of prize pool
3rd = 10% of prize pool
1st - Toronto - contributed = wins 60% of prize
2nd - Chicago - didn't contribute = 0% of prize
3rd - Las Vegas - contributed = wins 30% of prize
4th-6th didn't contribute = 0% of prize
7th - Hartford - contributed = 10% of prize
What do you guys think?
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Post by San Jose Sharks (Alex/Taco) on Sept 4, 2016 23:23:40 GMT -5
How much were you guys thinking? I would be alright with it being $20 the first year, and then increase it by $10 a year until it is up to $40 or $50. Just a suggestion if people are kind of on the fence about it at first.
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Post by Devils GM(Colin) on Sept 5, 2016 0:05:58 GMT -5
Personally 20$ is fine for me. Just enough that it will keep you interested in the season at hand and to make sure you don't ruin the future of your franchise.
It would be cool to put in 20 for the year and 10 for a collective pool that is cumulative and in say 5 years whoever has the most points gets the majority of the winnings.
Eg. 1st - 2017 = 20 pts
5th - 2018 = 15 pts
16th - '19 = 5 pts
= 40 pts for 3 years ect.
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Post by Deleted on Sept 5, 2016 14:03:30 GMT -5
100 bucks
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Post by Devils GM(Colin) on Sept 5, 2016 16:31:59 GMT -5
We'll have a vote for how much after.
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Post by Deleted on Sept 5, 2016 17:28:58 GMT -5
i'm cool with throwing away $20 with brandon bollig leading the squad
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Post by Deleted on Sept 6, 2016 21:06:43 GMT -5
im cool with a fee
id distribute it between the two finalists (SC Winner + SC Finalist) and a prize for finishing 1st overall in the league (or 1st in each division)
but im ok with it regardless of how itll be distributed
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Post by JetsGM (Jacob) on Sept 6, 2016 21:53:13 GMT -5
Yeah I think rewarding the Cup winner, Cup finalist and 1st overall from regular season would be the fairest distribution as well. Deserve some compensation for winning the regular season in fantasy hockey! I've seen a lot more teams win playoffs off hot teams than off stacked teams that ran the gauntlet through the whole season.
I think $20 is a good amount as well for the start.
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Post by Deleted on Sept 7, 2016 15:07:02 GMT -5
$20 is fine with me, however we should layer in the cost of Fantrax premium as well, so maybe $15 and another $5 for Fantrax premium, it will make everyone's league experience so much better!
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Post by JetsGM (Jacob) on Sept 16, 2016 16:47:18 GMT -5
Need to confirm a few things:
1) If it's set at $20 (seems to be consensus) - what currency? CAD or USD. I lean towards USD, but it would drive the cost up for the Canadians/Kiwis in the league
2) How do we collect and hold the money? Couple options have been brought forth. 1) Leaguesafe.com (minimal/no fees depending on payout), 2) Send money to me and I hold it
3) Full list of all teams committed - teams may not wish to participate (rebuild team/gambling averse), and will not be required to, so need to figure out fully who is in
4) League payout. My suggestion: Full prize pool - cost of trophy (dynasty league afterall) = Prize --> League winner=60%, runner up=20%, 1st overall in standings=20%
Have a few weeks to figure it out so let's continue the discussion and come up with a way that everyone is comfortable with.
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Post by San Jose Sharks (Alex/Taco) on Sept 16, 2016 21:25:46 GMT -5
1. Cool with $20 USD to keep things consistant
2. I'm cool with etransferring to you (doubt you would burn any of us after putting so much effort into running this)
3. I'm in, willing to increase as the years go on if more people are interested in buying in
4. I'm alright with the payout scheme, and league trophy would be amazing too. We need a name for the cup too, and maybe a little trophy for last place too or one of those participation medals that you got as kid for losing in timbits hockey
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Post by Devils GM(Colin) on Sept 16, 2016 22:05:26 GMT -5
I'm down. I like everything you've said so far. Sign me up. We can do a vote for money, but it sounds like 20 is a safe bet.
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