Alright... I was bored and daydreaming the other day and wondered, has anyone included, or considered including, a dynasty or keeper league team in their Will? In serious big money leagues, as dynasty and keeper leagues develop a bit of history, is this something that is conceivable?
I'll tell you one thing, if you put your keeper team in your will you'd better make sure that the team's rightful heir doesn't find out that they're next in line for the team because I'm sure it would be such a coveted asset that they may feel inspired devise plans to hasten your demise.
The dynasty league I'm in has specific rules for deceased members, though I'm sure an amicable result could be achieved if wishes were laid out in a will. I think it has been used 3 times, once due to 9/11 and twice due to old age (that's how I got in), and a will has never come into play.
RugbyD wrote:The dynasty league I'm in has specific rules for deceased members, though I'm sure an amicable result could be achieved if wishes were laid out in a will. I think it has been used 3 times, once due to 9/11 and twice due to old age (that's how I got in), and a will has never come into play.
now thats a hardcore league...wow. i never thought someone old enough to die of old age would be playing fantasy baseball
RugbyD wrote:The dynasty league I'm in has specific rules for deceased members, though I'm sure an amicable result could be achieved if wishes were laid out in a will. I think it has been used 3 times, once due to 9/11 and twice due to old age (that's how I got in), and a will has never come into play.
now thats a hardcore league...wow. i never thought someone old enough to die of old age would be playing fantasy baseball
RugbyD wrote:The dynasty league I'm in has specific rules for deceased members, though I'm sure an amicable result could be achieved if wishes were laid out in a will. I think it has been used 3 times, once due to 9/11 and twice due to old age (that's how I got in), and a will has never come into play.
now thats a hardcore league...wow. i never thought someone old enough to die of old age would be playing fantasy baseball
Been going since 1973 (just 2008 for me tho)
Very interesting. Thanks for sharing that info RugbyD. I really have to believe as the years continue to pile up, more people play in dynasty and keeper leagues, and larger buy-ins become common place it seems like this could become a regular occurance. I know personally, the most important league I'm in is a 12-team H-2-H keeper league with a $100 buy-in that I've been in for 6 years. It is hard for me to wrap my head around the fact that I've been in a league with largely the same group of college buddies for 6 years, more than halfway to a decade, with no reason to believe the league won't continue plugging along. All members have graduated school, and we all stay in touch, so that major hurdle is out of the way. Of course we're all a bunch of early-mid 20 somethings, so Will's aren't on the top of list of things to do, but still.
Here are our dead guy rules. June 15 may not matter to most of you as it is something specific to our roster rules.
DEATH OF SOLE MEMBER
Section 4.1 The death of a sole member shall terminate said franchise.
Section 4.2 If death occurs between June 15 and the end of the season, the team shall remain in existence until the end of the season. All monies earned, beyond debts owed to the League and creditors shall revert to the sole survivor of deceased member.
Section 4.3 If after diligent effort, a new owner is not found to take over said Franchise, the team will remain dormant for one season and then the players will be eligible for a special draft. (See Rule 4.4)
Section 4.4 The special draft for a dormant team will be as follows: before the annual draft, the players from the dormant team will be drafted. This special draft will be divided in two categories. The four teams finishing on top and the five teams finishing on the bottom. The bottom five teams will draw numbers one thru five, the top four teams will draw numbers six thru nine.The draft will proceed until all players are drafted, or every team passes on a player. Any remaining players would then go into the regular draft. Any players chosen could then be traded.
Section 4.5 If the death of a member occurs after the season, but before June 15, the team shall dissolve according to Section 4.2 and 4.3 Any Monies remaining in deceased member's account shall revert to deceased member's survivors. The team shall not participate in that year's competition.