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Frequently Asked Questions

(To read FAQ answers, please click on the FAQ to reveal the answer)

Q: Can anyone compete in the National Fantasy Basketball Championship?

A: No. The principal participant must be 18 years of age. Co-managers, however, can be any age. The NFBKC does exempt residents from Arizona, Iowa, Louisiana, Montana, Virginia and Washington due to existing state laws.

Q: How will I be reassured that I am a participant in the NFBKC?

A: Once you have signed up online or via phone, you will receive an e-mail confirmation from the NFBKC staff and will receive constant updates on the event via e-mail. You will also receive a username and a password to manage your team on the game site.

Q: Can I pay for my entry fee with a credit card?

A: Absolutely. Just click on the Registration link, fill out the form and leave a credit card number if you'd like. We will not charge that credit card until the league is full if you sign up early and secure a team, but will then run the credit card within a day of the league filling.

Q: Is there an Events Fee to go along with my registration fee?

A: No. There are no Events Fees or co-manager fees for online drafts.

Q: What happens if I'm late?

A: The NFBKC starts all of its online drafts on time, so please be on time. We will do all we can to contact any owner that is late, but there is a good chance that the computer will auto-pick your selections if you’re not there on time.

Q: Will there be breaks in between rounds?

A: No. We complete all 16 rounds at once.

Q: How many players can we have on our roster?

A: The maximum roster limit at all times is 16, with 12 players always active. You are allowed to move reserve players into your starting lineup at will as long as your active roster is always legal according to the player eligibility rules. If one of your players lands on the DL, you can place him on your reserve. But if you want to pick up another player off the free agent wire, you will have to cut one of your reserve players to remain at 16. No matter how many injuries your team suffers, you can never have more than 16 players. This will allow each league to have good free agents available at all times and prevent teams from "stashing" players on their DL.

Q: What is FAAB and how does that work?

A: FAAB stands for Free Agent Allocation Budget and each team has an imaginary $1,000 to acquire players during the regular season. In a blind bidding process, Team A may bid $2 for a top free agent, Team B $30 and Team C $50. In this scenario, Team C would get the player for $50 and it would be subtracted from his remaining FAAB total. Each Sunday night, you will see which team acquired that player in the blind bidding and that player can then be added to that team's starting lineup as long as an active or reserve player is cut. Teams will have to ration their $1,000 FAAB for the duration of the NBA regular season.

Q: What is 3RR and how does that work?

A: 3RR Stands for 3rd Round Reversal, which allows the bottom of the draft order to begin Round 3 after also starting Round 2. It's one way to balance the talent in a 12-team league as the back of the draft gets early picks in Rounds 2 and 3. Here’s the draft order in all NFBKC leagues:

Round 1: 1-12
Round 2: 12-1
Round 3: 12-1
Round 4: 1-12
Round 5: 12-1
Round 6: 1-12
Round 7: 12-1
Round 8: 1-12
Round 9: 12-1
Round 10: 1-12
Round 11: 12-1
Round 12: 1-12
Round 13: 12-1
Round 14: 1-12
Round 15: 12-1
Round 16: 1-12

3RR is being used to balance out all draft spots by giving the later picks the start of the draft in rounds 2 and 3. History has shown that the process balances out the talent among all 12 teams.

Q: What is KDS Preferences and how does that work?

A: KDS Preferences stands for Kentucky Derby System Preferences, which is a slotting system based on the horse race system. All NFBKC drafts now use KDS. Leagues will be picked randomly, but owners can get moved to their preferred draft spots before Draft Day by filling out their KDS Preferences on their team page. The Draft Preferences are listed as soon as you click on your team link. There you will see a list of 1 through 12 in order and an “Edit Preferences” link. Edit your list as often as you’d like and just save your preferences each time before the required deadline for this league. There you can set your preferences in order. A setting like 3,2,1,6,7,8,12,11,4,5,9,10 is an example of KDS. In this scenario, if an owner was randomly picked first out of the computer for that league, we would then slot him third in the draft order, since that was his first preference. If that owner had randomly been picked fourth out of the hat and the top three preferences were already taken, we would slot him sixth in the draft. We do this for every owner after the random selections are made and then announce the draft order for each league to all NFBKC owners. Remember that in the NFBKC we use Third Round Reversal, which allows the 12th team to pick 12th, 13th and 25th. Some owners in 3RR like the back-end of the draft because of this distribution of talent and thus set their KDS accordingly. Take 3RR into consideration when setting up your KDS preferences.

Q: How will the draft work?

A: All of the online owners will be positioned in the draft order, 1 through 12. Owners can set their player default list within their draft room ahead of time by going to DRAFT, then DRAFT PREP and ranking all available players in the order they want them. Save that list and those players will appear in that order in your draft room. The Draft Room will open on the day of your draft.

Q: How much time do we have to make a draft selection?

A: Each team will have 70 seconds to make a pick in each round. If any team goes past its allotted time, the computer will make a selection from your Que and if no players are in your Que then it will take the top player from the player default list. Don’t time out; make your pick before the 70 seconds run out.

Q: Do we have to fill out our 10 man active roster through the first 10 rounds of the draft or can we take someone like our second center with our 16th pick?

A: Good question. You do NOT have to fill out your 10 man starting lineup with your first 10 picks. However, at the end of your 16-man draft, you must have 4 Guards, 4 Forwards and 2 Centers. We will upload your rosters immediately after the draft and you will have plenty of time to decide which players you want to start for Week 1 of the NBA season. All rosters for Week 1 must be in place before the first game on Tuesday, Oct. 31.

Q: How is position eligibility determined?

A: The NFBKC has established position eligibility for all NBA players and those listings will be in the draft room. Players do NOT gain additional position eligibility during the NFBKC season. The position they have on Draft Day is the position they will have for the full 2016-17 NFBKC season.

Q: How can we prevent collusion in the NFBKC?

A: For one thing, we are not allowing trades for that simple reason. Secondly, with the FAAB setup, it will be very hard for one team to get the best free agents in that league every single week. We realize that every league will have "dead teams" at some point in the season as the wear and tear of a long injury-riddled season wears down some owners and forces them to stop making moves. We ask all owners to stay active, but the NFBKC will not force anyone to take injured players or inactive players out of their lineups. Each owner must manage his/her own team. In the end, the best teams in each league will win and the best team overall will win this marathon contest.

Q: If I win a league prize or a grand prize and I have a co-manager, who pays taxes on these winnings?

A: If the principal team owner's prize winnings are $600.00 or greater, the National Fantasy Basketball Championship must file a Form 1099 with the IRS at the end of this calendar year. We will request your social security number and signature on this form. STATS does allow an owner and co-owner to split prize winnings. In order to authorize prize-splitting, the principal registrant must completely fill out and sign the authorization form designated by STATS (including the name and address of the co-manager(s) and the applicable prize percentage to be paid to each co-manager(s)). Both the principal registrant and each co-manager designated on a prize-splitting form will be required to fill out a W-9. No prize money will be distributed until all necessary forms have been received by STATS. Both the principal registrant and the co-manager(s) will receive IRS Form 1099 reflecting the prize money paid to each. They are responsible for paying any taxes that result from the cash prize; please consult your income tax advisor for filing advice. In the event that the awarding of prizes to winners of the Contest is challenged by any legal authority, STATS reserves the right in its sole discretion to determine whether or not to award such prizes. After 12 months, any unclaimed prize will be forfeited.