Finance Articles

LeagueSafe.com Launches New Fantasy Sports League Finance Management Tool

Plymouth, MN (PRWEB) March 14, 2008 -- LeagueSafe, LLC announced today the launch of www.LeagueSafe.com (http://www.leaguesafe.com/?utm_source=prweb&utm_medium=pressrelease&utm_content=COM&utm_campaign=pr_launch), a free fantasy sports league (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=free_league&utm_campaign=pr_launch) finance management tool.

Founded by fantasy sports industry veteran Paul Charchian, LeagueSafe streamlines and simplifies the financial aspects of fantasy sports leagues (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=fantasy_leagues&utm_campaign=pr_launch). LeagueSafe is a free service that eases the organizational burden on fantasy sports commissioners (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=fantasy_commissioners&utm_campaign=pr_launch) and provides all league participants the convenience of secure online payment into an FDIC-insured financial institution. At the end of the fantasy season, prize winners have several different ways of withdrawing their winnings in accordance with league rules.

"Simply put, LeagueSafe.com is a commissioner's best friend," says Charchian, LeagueSafe's President and majority owner. "The launch of the LeagueSafe service is timely as fantasy baseball leagues (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=fantasy_baseball&utm_campaign=pr_launch) get organized and ready for the 2008 baseball season. Now commissioners can focus their attention on running a smooth fantasy baseball draft (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=fantasy_baseball_draft&utm_campaign=pr_launch) and preparing themselves for a successful fantasy baseball season (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=fantasy_baseball_season&utm_campaign=pr_launch), rather than dealing with the headache of collecting and managing league entry fees. We even have an 'auto-nag' feature that commissioners can use to send out friendly reminder messages to non-paying league members."

LeagueSafe's patent-pending software (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=leaguesafe_software&utm_campaign=pr_launch) allows league participants to pay their entry fee online, using either a credit card or an e-check from their personal bank. Once payment is made, fantasy league participants can track all transactions, encourage unpaid league members to make payment, and ratify end-of-season payouts.

LeagueSafe's unique payment authorization method voting process (http://www.leaguesafe.com/more.aspx?utm_source=prweb&utm_medium=press%2Brelease&utm_content=payment_authorization&utm_campaign=pr_launch) ensures that league prizes are divvied up fairly and quickly at the end of the season. Upon signing up for LeagueSafe, members are given the opportunity to ratify their league's end-of-season payout structure, a process that empowers league participants and guarantees that their league's prize winners will be paid in accordance with league rules. Once the final payout structure has been agreed upon by league members, 100 percent of each league's entry fees are available for withdrawal by league prize winners.

About LeagueSafe, LLC

LeagueSafe's majority owner is Paul Charchian, a 15-year veteran of the fantasy sports industry. Charchian co-founded Fanball.com and Fantasy Football Weekly in 1993 and turned it into one of the most successful pure play fantasy Web sites in the world before leaving to focus on the development of LeagueSafe. He is heard throughout the Upper Midwest on the Fan Radio Network and regularly appears on Fox Sports Radio and ESPN television.

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