Can owners please enter teams once a draft is over...or at least communicate with the rest of the league as to why we all must wait a week or more.

^

1st ...staind we love u and I 2nd that if u need a team let me know..Habs I am ABSOLUTELY frustrated with the joining of progressives for 1 season ..then quitting...I had 24 for the 80"s league...now we will be lucky to get 16 for season 2.. i HATE having less than 24 for a league...that way WIS gets to rip us off!

How is WIS ripping us off with less than 24? Less prize money but greater chance of winning some of it. I hate the lack of a WC in 16-team format, but don't see it being a ripoff.

Quote: Originally Posted By joshkvt on 3/30/2010How is WIS ripping us off with less than 24? Less prize money but greater chance of winning some of it. I hate the lack of a WC in 16-team format, but don't see it being a ripoff

if i need to go into this again I will... no matter if we join a 12, 16 or 24 (as well as the phantom 32 man league that I have yet to see run by ANYONE which is part of thier reasoning forwhy this is) We pay 12.95. If u run a 12 team league u pay 12.95...but the founders credit is 6.67...in a 12 team league only the WS winner goes to the TOC...s in this case it makes NO FISCAL SENSE for us to run less than a 24 man league...its a great racket for WIS though...I applaude their marketing department though.

Are you going to enter your team in the 1885 progressive? Draft ended awhile ago.

Quote: Originally Posted By habsfan1 on 3/31/2010Are you going to enter your team in the 1885 progressive? Draft ended awhile ago

doh!...yes will be in today...(completely forgot about that league)

I'll be in this evening as well. Food Network has been filming at my place of business and have been preoccupied with that. For some reason I thought we had more drafting to do or something. AAA?

WIS does make more money on a 12-team league than a 24: all of 48¢ per league. As a percentage of money brought in to WIS, founder credits are actually smaller for 24-team leagues than the other formats. It does seem that paying the same amount for a team in a league with less total prize money is ripoff, but when you take into account that a team in a 12-team league has twice as good a chance of winning a World Series, the return on investment is almost identical.

The only way in which we’re shortchanged is that the time spent running a 12-team draft is not significantly less than doing it for 24 teams. But with most of the draft leagues we do in live taking hours of work, anyone doing it because of the value of the team credit is doing so for a few dollars an hour to begin with. If one is running a league mainly to get the founder credit, then that person should only run a 24-team league.

To get these figures, I assume all teams cost $12.95. I converted World Series credits into the cost of the number of single-season teams they would purchase (4000 points for a 24-team title buys 2 single-season teams, so I valued that at $25.90; 16-team points="$22.66;" 12-team points="$21.37)." I have not run a 12- or 16-team league, so I guessed that founder credits are $6.50 for 12-team and $9.75 for 16. If those are incorrect, let me know and I’ll update the figures, though they won’t change much.

Founder credit as % of league team fees
12: 4.2%
16: 4.7%
24: 4.2%

% of league team fees provided in prize money
12: 19.1%
16: 19.4%
24: 19.3%

Prize money per team entered
12: $2.47
16: $2.51
24: $2.50

WIS gross profit per league
12: $119.28
16: $157.29
24: $237.95

WIS gross profit per team
12: $9.94
16: $9.83
24: $9.91

Quote: Originally Posted By The Taint on 3/31/2010I'll be in this evening as well. Food Network has been filming at my place of business and have been preoccupied with that. For some reason I thought we had more drafting to do or something. AAA

Nope....just pick your own 200k players to fill out the league, and send them to the minors.