joshguy wrote:I was strongly considering doing a XII team in 2014. $1000 was a nice number, but bumping it to $1500 would take me out of the running. My thinking if Im going to spend $1500 on one team, thats a big risk, I could almost get 5 of the online championship teams at that price and spread the risk.
Is there a way to bump the XII to $100K but still keep the $1,000 price point?
The only way to bump up the NFBC XII to $100,000 at $1,000 per team is to plan for 600 teams. That's just not realistic.
This is the dilemma we face with the current setup. We might attract a few new owners at the $1,000 price point, but the last two years we've gotten 240 teams and 228 teams at that level with prizes based on 300 teams. We can't continue at that level anymore especially when the lower price point just isn't bringing in a lot of new owners. We once had this at $500 per team with a live event and even that didn't work. We learned the hard way that 1) a $500 live event is not cost effective; 2) the Online Championship didn't need any help to succeed and grow. It will do fine on it's own; and 3) sometimes a big carrot brings out the big sticks and more new players.
We still believe that a 12-Team Main Event has merit and maybe we've undersold it through the years. We love the demand for the Online Championship and for some folks maybe a $350 price point to win $75,000 is the right way to go, maybe even as you say taking three teams there. But if you want a 1 in 300 chance to win $100,000, hopefully the NFBC Primetime makes sense. If you win your league title, you basically have a 1 in 25 shot (25 leagues) of winning the overall title, which is among the best odds we have in the NFBC. It's definitely a risk, but it's been risky each of the last two years for us, too.
We don't want to price anyone out of our games and we don't want to build a new one that doesn't work, but there is a churn rate in the NFBC Main Event that is concerning and maybe this event can help with that while bringing in more new players. That's the goal with the new price and prize structure if we go forward with it. I hope this makes sense.