There are two deadlines. You must have at least three teams entered by the first deadline. At the final deadline (by midnight Eastern), you need to have ALL SIX teams entered.
The penalty for being late is 1 point per team, per day late. NEW: Because penalty point cancellation became a contentious issue in the past, we will not cancel them anymore regardless of whether you get all teams in by the final deadline.
The first deadline is Monday, September 28
The second deadline is Monday, October 12