A few people have kicked around the idea of starting a NL-only Fantasy baseball keeper league with a live on-line auction (fantasyauctioneer.com and Rotowire) and player contracts, minor leagues, etc. It is a 5x5 Rotisserie-style league.
The late start makes it tough, but they decided on non entry fee for 2007, just pay for in-season FAAB (free agents) capped at $120 and all money distributed to winners and in 2008, we'd look at a entry fee (no more than $100) as long as all goes well.
any interested parties e-mail me at mailto:email@example.com
and a full explanation of rules will be provided. I have run a successful keeper fantasy football league for several years so references can be provided that your not going to get ripped off...
The on-line draft will be in the evening on a weeknight, most likely Wednesday (3/28), Thursday (3/29) or Sunday (4/1) starting around 9:15 PM to allow for a west coast participant (at least one in).
It might not be feasible to start it this late...but we are trying!