I have started a highly competitive auction-keeper league with a $50 entry fee. ($5 towards the league manager, probably fanball but we might do extreme and the rest to the pot).
We haven't worked out too many of the details except that we are going to to and extended draft procedure starting a week after the league fills up and it will be a keeper league.
We are going to work out all of the gory details when the league starts up to make sure all owners get what they want!
If interested, post or PM me.
I am working on getting our own forum to start the major discussion. Again, we have 6 of 12 and 4 more are interested so hurry if you want in!!!