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NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 7:59 am
by Greg Ambrosius
NBC SPORTS/NFFC TO OFFER $1 MILLION BONUS

NBC Sports and F+W Publications are proud to announce a $1 million bonus for this year's National Fantasy Football Championship participants. Any owner who can win the NBC Sports NFFC Classic main event overall title and the NBC Sports NFFC Primetime main event overall title will win $200,000 in prizes and our $1 million bonus.

The 14-team NBC Sports NFFC Classic format is in its fifth season of competition and 392 teams are expected to participate in live drafts on Saturday, Aug. 30th in Las Vegas, New York, Chicago and Orlando. The 12-team NBC Sports NFFC Primetime event is in its first season and will also hold live drafts on Saturday evening, Aug. 30th in the same four cities and feature 396 teams. If anyone can outsmart those competitors in both events, they will become the industry's first millionaire playing fantasy football.

"We're excited to offer this $1 million bonus as an incentive to our dedicated players who are planning to compete in both events," said Greg Ambrosius, director of the NBC Sports NFFC Classic & Primetime events. "We already have over 60 owners who are signed up for both events and it will be great to follow these teams as they battle for league titles in both formats, playoff spots in both formats, and eventually the $100,000 grand prizes and the $1 million bonus. We'd like nothing better than to crown the industry's first fantasy football million dollar winner."

Insurance has been secured to pay out the $1 million bonus, which will be paid through a 40-year annuity. NBC Sports and the NFFC will also provide other prizes for those dedicated enough to play both events. They include:

** The team that accumulates the most total points in both main event contests (Classic and Primetime) will receive free entries in the 2009 NFFC Classic and Primetime events. Additional prizes to be announced later.

** Anyone who can win a league title in both events will also be given a free entry into either the 2009 NBC Sports NFFC Classic or Primetime main events.

The NBC Sports NFFC Classic main event will begin at 1 p.m. EST/10 a.m. PST with simultaneous drafts in all four cities. The NBC Sports NFFC Primetime main event will follow in all four cities at 7 p.m. EST/4 p.m. PST. Draft locations include the Flamingo Las Vegas, New York Sheraton Hotel & Towers, Chicago Schaumburg Renaissance Hotel & Convention Center, and Orlando Holiday Inn International Drive Resort.

For more details on both events, go to:

Nfc.nbcsports.com
Www.fantasyfootballchampionship.com

"There are a lot of choices for consumers this football season, but nobody is offering two different league formats with two $100,000 grand prizes and the chance to draft in any area of the country," added Ambrosius. "Between the live events, the satellite leagues, and the 12 and 14-team formats, there's something there for everyone. And if you want it all and can pull
out the unthinkable, then we have a million dollars waiting for you."

[ July 09, 2008, 02:10 PM: Message edited by: Greg Ambrosius ]

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:06 am
by Captain Hook
Now THAT'S what I'm talking about!

WHOO HOO :D

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:06 am
by hammer
Now THAT'S what I'm talking about


:cool:

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:06 am
by pizzatyme
AWESOME! Now, can I live to the ripe age of 80 to collect? :D

[ July 09, 2008, 02:07 PM: Message edited by: UFFCS ]

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:07 am
by Greg Ambrosius
The above is a press release that is going out today to all past NFFC and NFBC participants and will go out in an NBC Sports/Rotoworld.com e-mail blast shortly. I'm excited about this special bonus as we try to tie in the two NFBC Sports NFFC Classic & Primetime events with more prizes. The odds of winning this bonus are high, but it is achievable and it should be fun to watch teams in the Championship Round battle for this $1 million bonus. I wouldn't be surprised to see several teams in the Championship Round of each event and I will gladly watch their performances in Weeks 14, 15 and 16.

As for the payout, we have stated above that this is a 40-year annuity. I realize that one big check of $1 million would be better and I'd love to provide that. But the only way to economically do that would be to gamble with your own $1 million as insurance for one lump sum would be in the six figures. We are paying entirely for this policy out of our resources as this goes on top of the guaranteed prizes we're paying and the price isn't low. To do it over 20 years would be twice as much, to do it over 10 years would be four times as much and we had to make the decision to do it this way or not at all. I hope you all understand that.

We've added some prizes for the top scoring team in each event and an added incentive to be a multiple league champion. NBC Sports will likely add a few more prizes to those areas as we move forward as we are talking with them about apparel and more. They are televising the Olympics, the Super Bowl and the Pro Bowl this year and they said they will analyze a booster prize once things settle down for them. I hope to announce a few goodies in the next month or so.

So we're not done with this announcement yet, but we're heading in the right direction. The $1 million bonus is guaranteed and soon to be paid for, so I'm rooting for someone to win it.

Feel free to post comments or questions here and I'll do my best to answer them. This is still a work in progress and hopefully it's enough to entice you to do both events this year.

Look for the e-mail soon and pass it around. In fact, spread the word among friends, industry insiders and others. This is good for everyone and should create quite a buzz with our players this year. Good luck all.

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:17 am
by KOTRAX
I HAVE BEEN BURNING DAYLIGHT TO HEAR THIS ANNOUNCEMENT. I AM GLAD TO HEAR THIS. GREAT JOB GREG AND TOM IN GETTING ALL OF THIS WORKED OUT.

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:18 am
by Captain Hook
;) Greg - I presume that with the insurance policy to cover the BIG bonus, the "listed owner" for the two teams would have to be the same (other owners and co-managers not necessarily so).

Will that apply to the other two-competition prizes as well?

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:33 am
by Greg Ambrosius
Originally posted by Captain Hook:
;) Greg - I presume that with the insurance policy to cover the BIG bonus, the "listed owner" for the two teams would have to be the same (other owners and co-managers not necessarily so).

Will that apply to the other two-competition prizes as well? Yes, good point Perry. I should have pointed that out. Our rules will be updated with the $1 million bonus paragraph as soon as legal finishes it. Actually, I just got the final e-mail and can send that out to STATS now.

You MUST be the principle owner of both teams to be eligible for the $1 million bonus and the other prizes. You can't be the principle owner of the NFFC Classic team and a co-manager of an NFFC Primetime team and win it all if you qualified for the prizes. Sorry. The insurance specifies that. I know some teams are doubling up, but with any luck this will now convince them to take separate teams!! ;)

Good luck all.

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:36 am
by Greg Ambrosius
As I just mentioned on the NFBC boards, I've been thinking about ways to make a $1 million bonus feasible in the NFBC as well. I have two thoughts in mind and I'd love to hear from our baseball guys about ways you think we can pull this off in baseball, too. I kind of like the $1 million bonus as our mantra going forward and having two separate events allows us to use two different setups, even in baseball. The NFBC is rock solid with its tough 15-team format, but is a 12-team contest also feasible in baseball??? Anything is possible.

Lots to consider and fortunately I have enough smart minds here to figure this all out. I like what we've established here for football and this should be fun, fun, fun going forward. Thanks all and put your baseball thinking caps on as well (and then post in the NFBC boards).

NBC Sports & NFFC To Provide $1 MILLION BONUS!!

Posted: Wed Jul 09, 2008 8:38 am
by Diesel
Greg, I think there's an easy answer for baseball. The WCOFF is offering their BONUS if you win their LIVE and ONLINE championship.

If you hold your online championship for the NFBC next year, you can double that up with the live event for the 1 million dollar BONUS.