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Post by Ft. Myers Conquistadors on Jan 22, 2015 16:25:42 GMT
With the change in entry fee we need to rework the payouts. Personally, I don't think we should payout 4th-7th place. Here's what I drew up real quick. Please feel free to contribute a payout option of your own and we can see what's best.
20 Owners x $120 Entry = $2,400.00 Pot
- 80.00 Fantrax Fee
= 2,320.00
- 378.00 for $.15/Category win, 2520 Categories
- 240.00 $60/Division Champ 4 Divisions
= 1,702.00
- 1,000.00 1st Place
- 500.00 2nd Place
- 202.00 3rd Place
= 0.00
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Post by Atlanta Crackers on Jan 22, 2015 16:49:44 GMT
I would be in favor of eliminating the category money and just paying out first through third place as well as the division champs. I would also be in favor of realignment of the divisions to more accurately reflect the current geographical locations of the teams.
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Post by Ft. Myers Conquistadors on Jan 22, 2015 17:23:27 GMT
I believe we had a discussion about whether or not get rid of the category payouts, and keeping them was the majority vote.
As for realignment, that could be done. I don't see much opposition there
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Post by Atlanta Crackers on Jan 22, 2015 18:05:41 GMT
Right--forgot about the vote on the category payouts. Thanks for starting talk of the realignment.
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Post by San Fran Earthquakes on Jan 23, 2015 14:30:30 GMT
Really, the category payouts was favored? I'm surprised. I thought it would overwhelmingly get eliminated. Each year it seemed many people questioned/complained about that. I would also be in favor of eliminating category payouts.
But on topic, I would be in favor of changing it to just the top 3 getting payouts along with division winners.
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Post by Deleted on Jan 23, 2015 19:09:55 GMT
My recollection, which may be wrong, was that JP was very much committed to the idea of category payouts. I don't recall voting on this.
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Post by Ft. Myers Conquistadors on Jan 23, 2015 19:14:45 GMT
We can vote on it. I may be wrong in the belief that we already had.
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Post by Phoenix Rising on Jan 23, 2015 19:25:11 GMT
I think we discussed eliminating the category payouts, but never voted on it. I think JP intended them to be used to give teams that are out of contention a reason to keep competing. I don't think they had the desired affect. I feel that in a 20 team league we should reward 1st through 4th place.
Proposed breakout:
$2320 available
Division Winners: $200 ($50 each)
1st: 50% - $1060
2nd: 25% - $530
3rd: 15% - $318
4th: 10% - $212
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Post by Deleted on Jan 23, 2015 19:25:29 GMT
If we do set up a vote, could we have more options than simply to get rid of (or keep) the cateogies payouts? I would like all playoff teams (including wildcards) to get a little something.
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Post by Ft. Myers Conquistadors on Jan 23, 2015 19:49:31 GMT
That sounds like a different topic to vote on, lumping them together would be confusing
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Post by Deleted on Jan 25, 2015 21:26:09 GMT
I have always liked where division winners would get back the entry fee, I would vote for,it to be at least $100.
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Post by Deleted on Jan 25, 2015 21:29:05 GMT
Agree with Ted here
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Post by San Fran Earthquakes on Jan 26, 2015 4:19:04 GMT
I agree with as well. That way even if you get unlucky in the playoffs it can still feel like a push rather than adding injury to insult.
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Post by Deleted on Jul 24, 2015 20:08:39 GMT
WE ever make any final decisions on payouts?
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Post by Ft. Myers Conquistadors on Jul 24, 2015 20:23:44 GMT
Since we didn't make a decision, it's too late to change the payout format. We'll keep the same structure but extrapolate for the new payout pool.
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Post by Deleted on Oct 7, 2015 14:45:27 GMT
Any new ideas on this front? Seems to me that if teams that suck are going to get ~$15-$20 for accumulating category wins throughout the season, we might as well just reduce the entry fee. I don't necessarily want to play for less. The more, the better. But, I don't see the point in the bottom half of the league sopping up hundreds in winnings.
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Post by Ft. Myers Conquistadors on Oct 7, 2015 14:55:16 GMT
I'm anti-category payouts, but the vote went 11-9 to keep them last year. I think we should vote on eliminating playoff payouts for teams 4-7. 1st place should get more than 25% of the pot.
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Post by Deleted on Oct 7, 2015 15:01:41 GMT
Of $2320 available, the top 2 teams combined to take $1063.70 (45.8%) of the pool. I'm of the opinion that that number (~50%) should be going to the championship/best team alone.
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Post by Deleted on Oct 7, 2015 15:16:43 GMT
I think the idea that the $20 or $40 or $50 going to teams out of contention would keep them involved is a bit off base. It seems like this is a league of great owners that love to do this and therein lies the desire to pay attention. I actually think setting a higher goal (prize) provides more motivation for everyone in the league. I think there are owners in leagues out there that may need the kickback to the bottom of the standings to stay involved. But, I don't think that they're in this league. I'm in 12 leagues and this is by far the best and has the best set of owners, as evidenced by the 100% retention this season into next. And as I say that, I'm fully aware that maybe the payout structure is part of that retention rate and maybe I'm completely wrong. But, in my opinion, 46% going to the top 2 teams is pretty awful.
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Post by San Fran Earthquakes on Oct 7, 2015 15:19:27 GMT
I'm still surprised at the category payouts. I'm also in favor of eliminating them. In no way did my team deserve to get me any money back this year. I also agree on eliminating payouts for the 4-7 playoff teams. Just do top 3 and then division winners. Also best record overall.
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Post by Deleted on Oct 7, 2015 15:28:11 GMT
I propose the $2320 total money be broken down as follows:
$480 ($120 to 4 division winners)
$240 ($60 to 4 wild cards)
50% of remaining $1600 to 1st - $800
30% to 2nd - $480
20% to 3rd - $320
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Post by Ft. Myers Conquistadors on Oct 7, 2015 15:52:34 GMT
I am in favor of this, or something like this.
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Post by Oregon Three Lions of Madison on Oct 7, 2015 16:56:12 GMT
I am also one that wouldn't mind seeing the category payouts disappear. I know we've had this discussion before. We can certainly put this to a vote. It would however be one of those issues that would need a very significant majority to pass, because I don't want to lose owners because of it. I won the league two years ago and in total it was something like $360 that I took home. Definitely was surprised at such a low figure given the amount of teams. We tried to alleviate that a little bit with the changes made last offseason, especially with regards to the increased entry fee.
Again, even though I would rather see the cat payouts go away I do not want to lose owners because of this issue. I would much rather ditch the 4-7 payouts. I wouldn't even care if we ditched 3-7 if it meant that we could get a consensus. The disappointment I felt at getting such a small amount for winning the league really wasn't all that great however, because this league and it's format are a much bigger draw for me personally. Winning a ton of cash is always nice, and I wouldn't be in this league if it were a free league, but how much I can win has no real baring on why I love this complex league and how enjoyable it is.
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Post by Oregon Three Lions of Madison on Oct 7, 2015 16:58:56 GMT
The very first post in this thread has what I would consider a decent start for a payout structure. The top 2 places take home $1500 while still keeping the cat payouts, and third place still gets a piece along with the division winners. Thoughts on that structure?
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Post by San Fran Earthquakes on Oct 7, 2015 19:27:02 GMT
I'd like to see a vote on the category payouts. If people vote to keep it, then that's fine. Then I would like to see payouts that would be similar like to what was suggested in the first post of this thread.
But given that all the comments about category payouts seem to be mostly resoundingly against it, I'd be surprised if many voted to keep them. But who knows. I'd like to get an accurate vote count though.
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