Andrew asks:
Hi, I am trying to set up a FF league with some of my buddies from college. Problem is, we are all located in different places, which makes money collection very difficult. What site do you recommend for our league so that we could collect the money through a service such as paypal? Thank you for your help.
There are a number of services out there that offer to help with fee collection, but I’ve never felt compelled to use any of them. Collecting league fees can be a pain no matter how you slice it, but I don’t see how a third-party service will make things so much easier that I’d be willing to pay a fee for their service. If you want to give one a try, take a look at WePay, which launched this spring with some venture capital funding and received a positive writeup in TechCrunch.
For the keeper league that I commish, I collect via check or PayPal (which no longer charges any fee for personal transactions) and then dump all the money into a secondary savings account that my wife and I have had forever and never touch. This league has been together for a long time, and guys are always pretty good about getting their fees in before the draft with minimal kneecap-bashing on my part. For a new league, you’ll want to make it abundantly clear that there are repercussions for not getting league fees in on time – for example, you could lock down add/drop privileges for anyone who hasn’t yet paid until they do. Just make sure to clearly define those rules ahead of time, and be obnoxious enough about it so that nobody can claim they didn’t know the rules.






Brian 11:42 am on 7/04/2010 Permalink
I haven’t used this one yet but there is a site called Leaguesafe.com
Lee 8:49 am on 7/06/2010 Permalink
I did a post on league safe last year or the year before, signed up, but never used it because there wasn’t a seamless way to actually pay for our league service (Myfantasyleague.com) out of the money pool. I think they work with MFL on that now.
I have always used Paypal.
AixelSyd 6:09 pm on 7/09/2010 Permalink
LeagueSafe has a mechanism that will directly pay MFL leagues. Start from your MFL league, and look through the menus for a link to LeagueSafe. It has an automated process that migrates your league data to LeagueSafe.
Dean 1:00 am on 7/15/2010 Permalink
Problem with league safe is that you can’t use paypal which I think is the easiest way to collect. You have to use e-checks or credit cards.
I did a quick review of the site on my website http://www.officepoolguy.com. if interested.