Paid-league commissioners — how do you handle league dues?
I’m curious how other commissioners handle the money side of paid fantasy football leagues.
If you run a paid league:
How many people are in your league?
What’s the buy-in?
How do you collect and hold the league money?
What’s the biggest headache when it comes to collecting dues or paying winners?
Have you ever had issues or concerns around one person holding the entire pot for the season?
Mostly interested in hearing what different leagues do and what’s worked best for you. The reason I’m asking is that I’m currently building a pre-launch product called FantasyVault around this exact problem.
The idea is that leagues would still run normally on Sleeper, ESPN, Yahoo, etc., while FantasyVault would handle the separate dues and payout side so the commissioner doesn’t have to personally hold the league pot.
I’m mainly looking to understand how commissioners currently do this and what would actually make something like this useful.
If anyone here runs a paid league and would be open to giving feedback or potentially testing it later, I’d definitely be interested in hearing from you.