Im in a neighborhood pay league (ESPN) running for some years now.
$100 entry fee, $3 for every waiver transaction. $3 for every trade. (Winner usually takes home $500 or so, 300 for 2nd and 200 for 3rd.
8 teams - 4 make playoffs.
Im in first (tied with another guy @ 10-3, but i have 4 pts more than him) - 2 of my losses are against him this year.
Casual league - yahoo... 6 team playoff, co workers/friends various years also.. I got in on the last day as 3rd, with everyone and their mom with a chance to make it in... i finished 8-5 but 2 weeks ago everyone was at 6-5 or 5-6 with a chance... also the guy that won the division because of a better conference record than me finished 8-5. I played vs him 2x as well and lost.