Post by Valhalla Vikings on Feb 26, 2017 2:44:39 GMT -5
B.1 Club Fees
The annual Club Fee is $125.00.
One time Deposit of $75 and one time graphic fees of $25 is required upon entry to the league.
a) The annual club fee is due by February 1st each year.
b) No extension will be offered. Any team not paid by February 1st may be removed from the league at the discretion of the President.
$117.85 of your $125 Club Fee goes toward the league prize pool. $7.15 goes towards MFL site fees and graphics maintenance.
A $75 one time insurance deposit is required by all owners when they join the league. The deposit is refundable as long as the owner leaves the league in good standing, the team in good shape and an replacement owner is found for full entry. More information on the deposit below. If an owner purposely tanks his team or is removed from the league for ANY reason, this fee will not be refunded.
B.2 Owner Insurance Deposit and Graphics Fee
a) Each owner must pay a one time $50 deposit and a one time $25 Graphics Fee in order to be an official owner in the club.
b) If an owner leaves the league, the decision to return the deposit is solely upon the Gangland President and by joining the league you acknowledge that their decision is final.
c) If an owner leaves the league in good standing with a team that is in good shape and we are able to find a replacement owner at the full entry rate, an owner will receive their deposit back. Good standing means that the owner is not being forced out of the league, that he did not flame others on his way out, etc. A team in good shape means that the team is not void of draft picks/talent. The GDW management will consider strength of current team and strength of future outlook to determine the overall shape of the team.
d) If a replacement owner cannot be found by March 15th, President has the right to use the deposit to offer a discount in an effort to find a replacement owner.
e) Replacement Owners will be assigned clubs in the order the previous owner announced his decision to leave the league, starting with the earliest.
B.3 Paying your Fees
a) Club Fees are to be paid using Paypal only. Fees should be sent via Paypal to Cerianamax@gmail.com.
b) When sending your fees, do so as a sending money to a friend - do not use the words leagues fees, league dues, fantasy pool, etc. in the description, I will know what it is for.
c) Before using Paypal, know what is expected of you. If you cause the President to incur fees you will be required to pay those fees.
d) Payment for the upcoming season will be due by 11:59pm EST on February 15th annually unless otherwise informed.
B.4 Disbursement of Club Funds
All fantasy winnings under $125 will automatically be used as a credit towards the next season's Club Fee. The difference of any winnings above and beyond the $125 will be paid out via Paypal within 2 weeks of the finale of the championship game.
Club accounting can be found in their Club Bank on the Bank of Gangland forum.
B.5 Payouts
$3,300.00 Total Prize Pool based on 28 teams x $117.85
Playoff seeds 1 & 2 from each conference = $100 (4)
Playoff seeds 3 & 4 from each conference = $50 (4)
Playoff seed 5 & 6 from each conference = $35 (4)
Playoff Round 1 Winners = $25 (4)
Playoff Round 2 Winners = $50 (4)
Playoff Round 3 Winners = $100 (2)
Gangland Dynasty Champion = $1000
2nd Place = $645
3rd Place = $260
4th Place = $125
Toilet Bowl Winner = $30
Total = $3,300
The annual Club Fee is $125.00.
One time Deposit of $75 and one time graphic fees of $25 is required upon entry to the league.
a) The annual club fee is due by February 1st each year.
b) No extension will be offered. Any team not paid by February 1st may be removed from the league at the discretion of the President.
$117.85 of your $125 Club Fee goes toward the league prize pool. $7.15 goes towards MFL site fees and graphics maintenance.
A $75 one time insurance deposit is required by all owners when they join the league. The deposit is refundable as long as the owner leaves the league in good standing, the team in good shape and an replacement owner is found for full entry. More information on the deposit below. If an owner purposely tanks his team or is removed from the league for ANY reason, this fee will not be refunded.
B.2 Owner Insurance Deposit and Graphics Fee
a) Each owner must pay a one time $50 deposit and a one time $25 Graphics Fee in order to be an official owner in the club.
b) If an owner leaves the league, the decision to return the deposit is solely upon the Gangland President and by joining the league you acknowledge that their decision is final.
c) If an owner leaves the league in good standing with a team that is in good shape and we are able to find a replacement owner at the full entry rate, an owner will receive their deposit back. Good standing means that the owner is not being forced out of the league, that he did not flame others on his way out, etc. A team in good shape means that the team is not void of draft picks/talent. The GDW management will consider strength of current team and strength of future outlook to determine the overall shape of the team.
d) If a replacement owner cannot be found by March 15th, President has the right to use the deposit to offer a discount in an effort to find a replacement owner.
e) Replacement Owners will be assigned clubs in the order the previous owner announced his decision to leave the league, starting with the earliest.
B.3 Paying your Fees
a) Club Fees are to be paid using Paypal only. Fees should be sent via Paypal to Cerianamax@gmail.com.
b) When sending your fees, do so as a sending money to a friend - do not use the words leagues fees, league dues, fantasy pool, etc. in the description, I will know what it is for.
c) Before using Paypal, know what is expected of you. If you cause the President to incur fees you will be required to pay those fees.
d) Payment for the upcoming season will be due by 11:59pm EST on February 15th annually unless otherwise informed.
B.4 Disbursement of Club Funds
All fantasy winnings under $125 will automatically be used as a credit towards the next season's Club Fee. The difference of any winnings above and beyond the $125 will be paid out via Paypal within 2 weeks of the finale of the championship game.
Club accounting can be found in their Club Bank on the Bank of Gangland forum.
B.5 Payouts
$3,300.00 Total Prize Pool based on 28 teams x $117.85
Playoff seeds 1 & 2 from each conference = $100 (4)
Playoff seeds 3 & 4 from each conference = $50 (4)
Playoff seed 5 & 6 from each conference = $35 (4)
Playoff Round 1 Winners = $25 (4)
Playoff Round 2 Winners = $50 (4)
Playoff Round 3 Winners = $100 (2)
Gangland Dynasty Champion = $1000
2nd Place = $645
3rd Place = $260
4th Place = $125
Toilet Bowl Winner = $30
Total = $3,300