Managing Money As The Commissioner Of A Fantasy Football League

When you are running a fantasy football league, there will be a lot of things on your plate, but while some leagues play for the pure fun and competition of fantasy football, most leagues play for money - where everyone puts in a certain amount, and the money is doled out as "prize money" at the end of the season - and if you are the head of a league in which money is at stake, managing this money properly is one of the biggest things you will need to make sure you do.

Of course, making sure everyone pays you at the beginning of the season will be the first step to managing money as the commissioner of your fantasy football league; if everyone in your league lives in the same city, this will not be difficult, but if some of you are spread out around the country, use a service such as Serve or PayPal to collect the money - and be strict about the fact that anyone who does not pay before the season will not be part of the league!

Of course, considering the fact that money is at stake, there is a chance you will run into those rare instances in which two players collude with one another (for instance, if one person is having a horrible season, and they trade one of their best players for practically nothing, you must assume there is a chance they were compensated with actual money); you will want to have everyone in the league vote if this is the case, and you should plan to cancel the trade if more than half the members of the league agree that the trade was unfair.

And while the hope is that you will not have to face such underhanded dealings, one responsibility you will face is knowing how you will divvy up the money at the end of the season; some leagues do a percentage of the money for the division winners, with another percentage for the champion, while others give all the money to the champion. Regardless of what you decide to do in your league, it will be absolutely vital that it is decided before the season begins, and that everyone is in agreement with the plan, as this will help the money-side of things run much more smoothly, and will make the other aspects of the season a lot more fun!

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