I'm starting up a brand new twelve-team keeper league on CBS Sportsline. It's an H2H league (using 5x5 roto categories). The regular season is 23 weeks (2 matches per week) and the top four teams will make the playoffs: 1st vs. 3rd and 2nd vs. 4th, with the winners playing each other in the World Championship.
The roster will consist of a total of 35 players: 22 active, 5 reserve, and 8 minor league. We'll be filling 30 of those roster spots with a serpentine draft, which will be held on President's Day (Feb 15) at 9am. The remaining five spots (either minor league or reserve) will be filled via free agency following the draft.
Our keeper system encourages owners to develop their minor league system. Each season owners must select 8 players from their active and reserve rosters as 'keepers'; all minor leaguers are carried over to the next season. However, if an owner promotes a player from the minor leagues to their active or reserve roster during the season, this player will automatically be given a 3-year contract with the team, which means they will not count against a team's 8 keepers for that period of time. E.g., if I promote Clayton Kershaw from the minors in 2009, he may be kept in '10, '11, and '12 without counting aginst the team's 8 keepers in those years.
The league is free to join - I'm paying the CBS Commissioner fee out of my pocket. Trophy goes to the winning team.
If you're interested, drop me a line at firstname.lastname@example.org
with a bit about yourself; I can also send you a full run-down of the rules.