Is It Time For $100,000 In 12-Team Main?
Posted: Mon Oct 14, 2013 2:18 pm
We are preparing for our 11th NFBC season right now and expecting another record-breaking year. We have grown in the number of teams, revenue and prize money every year since 2004, with 2013 being the first NFBC season in which we gave away more than $2 million in prize money. Now let's plan for an even bigger and better season in 2014.
We can do that in a number of ways: Increased participation, increased prize levels and of course new contests. We think a little of each will work in 2014 and we'll talk about each separately.
What I'd like to talk about here first, though, is an increased prize level for the NFBC XII. We first got involved in the 12-team format in 2009 with the introduction of our NFBC Online Championship and the addition of this format has been a big reason why we've grown over the last four years. We had 390 teams in the NFBC Online Championship in 2009 and last year that format grew to 1,140 teams. We knew there was a strong market for 12-team leagues and it was important for us to expand our offerings there. So in 2012, we added the NFBC XII as our 12-Team Main Event, but we've failed to sell out that contest each of the last two years with just a $50,000 grand prize. We'll take the blame for shooting too low there.
Now with the NFBC Online Championship expected to have a guaranteed $75,000 grand prize this year, we feel like it's time to step up our commitment to the 12-team Main Event and raise the grand prize as well. The $1,000 entry fee of the last two years, $4,000 league prize and $50,000 grand prize just wasn't cutting it. We need to make this more prominent. That's where you come in as we'd like your feedback here. Should we increase the entry fee if it means bringing more prominence and a much bigger prize pool to this contest?
In the NFFC when we added a 12-Team Main Event, we called our signature event the NFFC Classic and named the 12-Team Main Event the NFFC Primetime. It made sense there and we think it makes sense here. We'd like to call our 15-Team Main Event the NFBC Classic and the 12-Teamer the NFBC Primetime, maybe even using Roman Numerals to show the longevity of these events (Classic XI and Primetime III). We are looking to guarantee $100,000 grand prizes in each contest at $1,500 per entry to put them on even footing. Under that plan, only the Primetime entry fee increases in 2014 (from $1,000 to $1,500).
If we did this for the NFBC Primetime, we'd offer league prizes of:
1st - $6,000
2nd - $3,000
In the NFBC Classic, we offer league prizes of:
1st - $6,500
2nd - $3,000
3rd - $1,500
Overall prizes are based on 100+ more teams in the NFBC Classic and thus the overall prizes are as follows:
NFBC Classic
Place Overall
1st $100,000
2nd $25,000
3rd $15,000
4th $10,000
5th $7,500
6th $5,000
7th $3,000
8th $2,000
9th $1,750
10th $1,500
11st $1,500
We are still working on final numbers for the NFBC Primetime, but these are possible with 300+ teams:
NFBC Primetime
1st - $100,000
2nd - $20,000
3rd - $10,000
4th - $5,000
5th - $2,500
6th - $2,000
7th - $1,750
8th - $1,500
9th - $1,500
10th - $1,500
The NFBC Classic has had a very loyal following and it really is the signature event of the fantasy baseball industry. It's a tough format that our baseball die-hards enjoy and the competition is intense. We strongly believe that this 15-team format will continue to grow and prosper and the prizes for 2014 reflect that.
But it's a tough format to bring in new players and thus we believe the 12-team format might be better suited to them. We've seen that in football and we've seen that in the growth of our NFBC Online Championship. So the hope is to make this prize pool big enough to attract more new players and in turn give them the prize money and the confidence to eventually play in both formats. Plus the potential growth is greater in the 12-team format and our hope is that with a $100,000 grand prize for the NFBC Primetime that both formats can now grow to new levels.
So let's see your feedback on the following questions:
** Would you better support the NFBC Primetime with a higher entry fee yet much higher prizes or is that a detriment to participating?
** Would this affect your participation in the NFBC Classic?
** Do you believe the 12-team format can help us bring in more new players to the NFBC or is the Online Championship enough for new members?
This would give us two $100,000 grand prizes and the $75,000 grand prize in the Online Championship. And we are looking at a possible 10-team national championship at a low entry level to bring in even more new players to the NFBC. We created a 10-team contest in football this year and had 1,850 teams at $125 each and we believe there is a possible format in baseball involving 10-team leagues that could grow to similar numbers. The NFFC Cutline Championship involved a unique playoff "cutline" formula and obviously to grow to this level in baseball we have to do something equally as creative. We might have something up our sleeves, but we'll leave that for a different thread. I just want you to know that we're not sitting still on the good products that we have; that we have a few ideas that could really add to the NFBC in 2014 and beyond.
But help us out here first. You can post here or send your feedback on the NFBC Primetime to me at [email protected]. We know this is a risk for us to double our guaranteed prizes on the NFBC Primetime, but it's time to make this a big-time event or move on and the latter option isn't the way we want to go. But give us your feedback and we'll plan accordingly. Thanks.
Just so you know, the NFBC Classic will still have only three draft dates: Simultaneously in Las Vegas, New York and Online on Saturday, March 22nd, simultaneously in Las Vegas and Online on Wednesday, March 26th and simultaneously in Las Vegas and Online on Saturday, March 29th. The NFBC Primetime will have several more draft dates and times as we hope to grow that event. Thoughts?
We can do that in a number of ways: Increased participation, increased prize levels and of course new contests. We think a little of each will work in 2014 and we'll talk about each separately.
What I'd like to talk about here first, though, is an increased prize level for the NFBC XII. We first got involved in the 12-team format in 2009 with the introduction of our NFBC Online Championship and the addition of this format has been a big reason why we've grown over the last four years. We had 390 teams in the NFBC Online Championship in 2009 and last year that format grew to 1,140 teams. We knew there was a strong market for 12-team leagues and it was important for us to expand our offerings there. So in 2012, we added the NFBC XII as our 12-Team Main Event, but we've failed to sell out that contest each of the last two years with just a $50,000 grand prize. We'll take the blame for shooting too low there.
Now with the NFBC Online Championship expected to have a guaranteed $75,000 grand prize this year, we feel like it's time to step up our commitment to the 12-team Main Event and raise the grand prize as well. The $1,000 entry fee of the last two years, $4,000 league prize and $50,000 grand prize just wasn't cutting it. We need to make this more prominent. That's where you come in as we'd like your feedback here. Should we increase the entry fee if it means bringing more prominence and a much bigger prize pool to this contest?
In the NFFC when we added a 12-Team Main Event, we called our signature event the NFFC Classic and named the 12-Team Main Event the NFFC Primetime. It made sense there and we think it makes sense here. We'd like to call our 15-Team Main Event the NFBC Classic and the 12-Teamer the NFBC Primetime, maybe even using Roman Numerals to show the longevity of these events (Classic XI and Primetime III). We are looking to guarantee $100,000 grand prizes in each contest at $1,500 per entry to put them on even footing. Under that plan, only the Primetime entry fee increases in 2014 (from $1,000 to $1,500).
If we did this for the NFBC Primetime, we'd offer league prizes of:
1st - $6,000
2nd - $3,000
In the NFBC Classic, we offer league prizes of:
1st - $6,500
2nd - $3,000
3rd - $1,500
Overall prizes are based on 100+ more teams in the NFBC Classic and thus the overall prizes are as follows:
NFBC Classic
Place Overall
1st $100,000
2nd $25,000
3rd $15,000
4th $10,000
5th $7,500
6th $5,000
7th $3,000
8th $2,000
9th $1,750
10th $1,500
11st $1,500
We are still working on final numbers for the NFBC Primetime, but these are possible with 300+ teams:
NFBC Primetime
1st - $100,000
2nd - $20,000
3rd - $10,000
4th - $5,000
5th - $2,500
6th - $2,000
7th - $1,750
8th - $1,500
9th - $1,500
10th - $1,500
The NFBC Classic has had a very loyal following and it really is the signature event of the fantasy baseball industry. It's a tough format that our baseball die-hards enjoy and the competition is intense. We strongly believe that this 15-team format will continue to grow and prosper and the prizes for 2014 reflect that.
But it's a tough format to bring in new players and thus we believe the 12-team format might be better suited to them. We've seen that in football and we've seen that in the growth of our NFBC Online Championship. So the hope is to make this prize pool big enough to attract more new players and in turn give them the prize money and the confidence to eventually play in both formats. Plus the potential growth is greater in the 12-team format and our hope is that with a $100,000 grand prize for the NFBC Primetime that both formats can now grow to new levels.
So let's see your feedback on the following questions:
** Would you better support the NFBC Primetime with a higher entry fee yet much higher prizes or is that a detriment to participating?
** Would this affect your participation in the NFBC Classic?
** Do you believe the 12-team format can help us bring in more new players to the NFBC or is the Online Championship enough for new members?
This would give us two $100,000 grand prizes and the $75,000 grand prize in the Online Championship. And we are looking at a possible 10-team national championship at a low entry level to bring in even more new players to the NFBC. We created a 10-team contest in football this year and had 1,850 teams at $125 each and we believe there is a possible format in baseball involving 10-team leagues that could grow to similar numbers. The NFFC Cutline Championship involved a unique playoff "cutline" formula and obviously to grow to this level in baseball we have to do something equally as creative. We might have something up our sleeves, but we'll leave that for a different thread. I just want you to know that we're not sitting still on the good products that we have; that we have a few ideas that could really add to the NFBC in 2014 and beyond.
But help us out here first. You can post here or send your feedback on the NFBC Primetime to me at [email protected]. We know this is a risk for us to double our guaranteed prizes on the NFBC Primetime, but it's time to make this a big-time event or move on and the latter option isn't the way we want to go. But give us your feedback and we'll plan accordingly. Thanks.
Just so you know, the NFBC Classic will still have only three draft dates: Simultaneously in Las Vegas, New York and Online on Saturday, March 22nd, simultaneously in Las Vegas and Online on Wednesday, March 26th and simultaneously in Las Vegas and Online on Saturday, March 29th. The NFBC Primetime will have several more draft dates and times as we hope to grow that event. Thoughts?