I am looking to see who is interested in joining me to create a Dream Team to join money leagues starting this year in Fantasy Football and make some cash!!!!   The goal is to create a nice bank roll and later enter some premier money leagues (WCOFF, NFFC, etc...).  I thought a TEAM concept would be very cool and a lot of fun.

Shares for the inaugural season will start off at $1.00 each ($100 CAP LIMIT).  Shares must be purchased in $1 increments.  We will use funds to enter various money league drafts.  Shareholders will help out during drafts so that we can draft the best team available.  Shareholders can cash out their shares only during off season (January - July).  Share prices will be reevaluated after each fantasy football season (January)  Here's an example:

Let's say we have 5 people:

A - $1  (1 share)
B-  $50 (50 shares)
C - $100 (100 shares)
D - $100 (100 shares)
E - $100 (100 shares)

TOTAL 351 shares

Shares start out a $1 in value...
We have a total of $351....lets say we spend $300 on leagues and win $700.  We now have a total of $751.  We then reevaluate the new price for shares by taking the total amount of money we have ($751) and divide that by number of shares purchased (351)... $751 / Total shares (351) = $2.1396.  So each share is now worth $2.1396.  So player A could sell his 1 share back and get $2.14 back.   Or player C could sell 100 shares and get $213.96 back.

For season 2 each share would cost $2.14 (we will round up on buying shares and round down when selling shares to the nearest penny).

So the time to get in is NOW.  I am creating this so that we can be a TEAM and use all of our knowledge together.  We will keep rolling this over so we can enter the WCOFF and other High Profile leagues and win some MAJOR Jack.


For the draft, the members will use Forums to discuss plans on how to draft for upcoming drafts.  For the day of the Draft, members will use a Chat Room to discuss upcoming draft choices.

For each pick, we will have the 3 largest shareholders decide who to pick after listening to everyone.  If for some reason, all 3 have a different player....the 4th largest shareholder will select one of those 3 players.


These are just my thoughts, but I am open to change the format.  Please post any suggestions and/or if you want to join this team with the amount of shares you wish to purchase.

Please post by 6/30 if you wish to join.  On 7/1, we will start discussing the game plan for the interested members.



Team Members                  Shares Purchasing                Amount Owed

RUN HARD                              100                                       $0
Taz                                        100                                       $0
No Problem                             100                                      $0
rubberduck71                         100                                      $0
RodHands                               50                                         $50
Knightbadger                          30                                        $0
Wicked                                   30                                         $0
Frozen Tundra                         50                                        $0

7 Members                             510                                       $510                             Share Price - $1.00

Updated....

Added $100 Cap Limit
Added Taz to the Team

Thats a good question Rod, and one we need to answer. I do believe that Tony is away for the weekend, so we can talk to him on Monday.

Thanks for the posts.....

#1 Deadline -- I will be searching for money leagues and see when their drafts are.  My guess is that our deadline will be around 8/1.  We will then have a 2- 4 week period to search for best money league and discuss draft plans.

#2 WCOFF -- I do agree in this MULTI drafts the key is to draft as late as possible.  We will not be drafting in the WCOFF league (unless we get 20 + members)...but probably a few $100 leagues to build a bankroll.

#3 I am adding RodHands to the list.

#4  You can tentatively sign-up...and we can always remove person if needed.

Thanks

Great info No Problem.  We will nail down the specifics once we know how many members we have. After we create the specifics, all interested shareholders can review and make a final decision if they want in or not.  Then we will collect a payment. I want to allow anyone to be a part of it.  Someone could just have 1 share and still can make suggestion on draft philosophy or who to draft on a current pick (via Chat room).  This person may notice a player fell that everyone has overlooked and everyone agrees that is a great pick and we do it.  But if we do have 2 or 3 different views on a pick...we will have a set way of determining how the pick will be made.


I was thinking of adding these as deadlines:

6/30  Deadline to post if you are interested in becoming a shareholder.

7/7   Post final team structure and how picks will be made when there a different opinions.  This would be discussed
from  6/30 - 7/7 with all interested shareholders

7/15  Payments due.  Payments can be made from 7/7 - 7/15.  People that posted they were interested are free to backout if they disagree with the set up we come up with.

7/15 - Start of NFL  We would discuss:
                                                             Draft stragedy
                                                             Which drafts to enter
                                                              Player rankings by positions
                                                             Assignments during draft
                                                             ETC....

I will Update and add No Problem on the interested list.

                                               
                                                                             
                                                                             

I'd be interested in joining this motley crew, though probably on the low investment end of like $20.

Up it to $30.