12 Team $50 Auction Keeper League - 1 Year - Need 11 Owners!

[Grangers710]

Hey guys, my insanity league isnt working out too well this year so I'm going to step it down a bit. It will be a $50 Auction, Keeper League. The auction will take place on fantasyauctioneer.com. The roster will consist of the following:
Starting:
1 QB
2 RB
2 WR
1 WR/RB/TE
1 TE
1 K
1 DST
10 Bench/Reserve Guys

I want to keep it simple this year. A $200 salary cap, with contracts being assigned to your players. Contracts will last as long as 5 years with a price increase of 20% of previous year cost each year or :
1) Year 1 - 100% Auction Cost
2) Year 2 - 120% Auction Cost
3) Year 3 - 140% Auction Cost, etc etc

Free agents will be acquired using CBS's FAAB process. I only want owners that will be serious and are willing to commit and pay upon accepting their invitation. I received many "I'm interested, I'm serious" comments from owners in my other league, which have all backed out. Please let me know if you have any questions. Thanks guys and hopefully we can get this league up and running!