LMKL RULES                    FEES and PAYOUTS
A one-time League entrance fee of
$50 is required of all team owners. The League’s money pool covers the cost of the website, This fee is due before you draft. Unless there is a majority vote established within the league by the owners, there are NO REFUNDS.
All fees will be collected and handled by the LMKL treasurer (Karencro_Kajuns)
(Subject to change - depending on how many teams we have)
LMKL is a non-profit League
FEES & PAYOUTS
DRAFT & SCHEDULE
ROSTERS & KEEPERS
FREE AGENTS
TRADING
14 OWNERS
League Entry Fee $50 = $700
Website Costs = $70
Payouts = $630
We use PayPal
email for details
2008 Rule Change When FA$ becomes real money in 2008, All FA$ spent on Free Agents
or DS movement
will go as a payout
(
see FA Rules)
Regular Season Winnings PLAYOFF  Winnings
6th Place  = $10
Most Valuable Player = $25
5th Place  = $20
Most Points (Season) = $25
4th Place  = $25
Most Points (Game) = $25
3rd Place  = $50
Mud_Dog Div winner = $25
All FA Dollars spent on
FA and DS movement 
will be collected at the
end of the season.
It will then be divided into three weeks
(1 for each play-off week).

Week 14 will get 28%
Week 15 will get 32%
Week 16 will get 40%

The Non-Playoff Teams will play for a portion of the collected FA Dollars each week. Each week the FA amount will increase.
Any remainder  of FA$
will go to the
top non-playoff team
in  the last week
2nd Place  = $100
Mud_Hog Div winner = $25
1st Place  = $300
Example Only
$107 FA Dollars was spent and collected in 2007
$107 divided into each play-off week (3 weeks)
Week 14
(28% of $107 = $30)
Week 15 (32% of $107 = $34)
Week 16 (40% of $107 = $43)
8 Non Playoff Teams
Week 14
(28% of $107)
#1 Team Win = $9
#2 Team Win = $8
#3 Team Win = $7
#4 Team Win = $6
Week 15
(32% of $107)
#1 Team Win = $10
#2 Team Win = $9
#3 Team Win = $8
#4 Team Win = $7
Week 16
(40% of $107)
#1 Team Win = $13
#2 Team Win = $11
#3 Team Win = $10
#4 Team Win = $9
This is done to keep the non playoff teams competitive.
Each week they will be matched up to the closest team with their overall record/points.
To move up, you must have better record/points than the loosing opponent above you.

Non-Playoff results will be posted in the [schedule] TAB.

All FA$ may only be spent on next years season. (registration, FA Accounts, Future Deposits) and/or
(place bets,  buy other team's players, use in trades)..ect