How-To Post: Efficient Way To Collect Money For the League

It is in my experience, that collecting money from everyone in the league can be a challenge. Some owners will procrastinate, some will try to avoid paying, it is important for the commissioner to collect. For college kids especially these things are expected to happen. In the leagues I am in, the owners live all over the country, so online collecting is the best way to handle any problems the owners might give a commissioner. The best website I have seen for this exact purpose is leaguesafe.com. Here is a step by step process for setting up a leaguesafe account:

1) Go to leaguesafe.com.
2) Click on "Get Started" and create an account, its safe and easy.
3) Create the league name and for what sport the fantasy league is in.
4) Set the league payments to credit and debit cards because that is what most people pay with.
5) Set whatever entry fee was decided upon.
6) To ensure people will pay on time, preferably before the draft set up a late fee. This works as extra incentive for owners to pay on time.
7) Collect every email and invite each owner, this is tedious and can be annoying but it is a direct line for people to pay so they do not have to find the website. Trust that people will find excuses not to pay.
8) Set the "Auto-Nag" setting on payment settings, the website will email every owner that has not paid.
9) Set collection to " Commissioner has total control". Personally, I like this the best it takes away all confusion and can dealt with at a later time.

Leaguesafe is a trusted website and is incredibly cheap to use. I think it costs 75 cents to pay and the winner has a check sent to them or direct deposit in a PayPal account. Even then the website only takes no more than $1.25 from an owners winnings.