We've been around over 15 years. This is a great and fun league for the die-hard fantasy leaguer. We have both AL-only and NL-only leagues. We have 2 teams available each in the NL and AL-only leagues.
Standard 14 hitters and 9 pitchers active roster with a deep bench (10 players) of both minor and major leaguers. We use CBS and will use its Auction-Keeper Draft function.
$260 auction draft limit. For the buy-in probably allocate about $300+$2 add/drop/trade fees for the league.
How much you pay into the pot depends on how much you want to pay your players, i.e. you pay your players your team salary and determine your costs... Most new owners build a team for next year. either way, you use your moneyball skills.
If interested, send me an email: firstname.lastname@example.org
and I'll send you a copy of the rules and answer any questions you have. The new owner will likely start from empty-roster, probably with an eye to building for the future, though a first year owner has finished in-the-money before.