Our 12 team NL only keeper league has one opening for 2008(It's 9th season). It's a standard 5x5 auction league with a 25 man roster and 12 reserve/farm spots. Players have 3 year contracts but can be extended after their second contract year for $5 per year. The prize structure is 50%/25%/15%/10% for 1st through 4th place. The league fee if a flat $160 and the live auction will be held in the Philadelphia area on a TBD Sunday in March.
If you are interested, email me at firstname.lastname@example.org
I can answer any questions and send you a copy of our league constitution.