Rules look like fun for the most part. I have no problem with a fantasy coach, in fact I like the idea. The kicker rules look pretty brutal, though. Kickers don't score much to begin with. I'm thinking about this one...
One thought on the payouts: Option 2 looks a little better, but probably needs the "points" categories shaved a little and put into the "League Champ" payout. I'm of the belief that no combination of events should result in anybody getting paid more than the champ.