Statistics shows that 41.5 Million Americans play Fantasy Football. Sites like Fan Duel, and Draft Kings have proven the concept of online Fantasy Sports. Analysts estimate this to be a market growing to $70 Billion over the coming years.
MBFLL is launching a new service which focuses on Fantasy Football and combines the best of existing sites with a bracket concept of March Madness to deliver a new and unique experience with higher payouts. In addition, it includes more interaction with players, a higher payout and now gives Investors like you an opportunity to own stock in the company, and become a player.
The market in which Millionaire Bracket Fantasy Football League™ is operating can be characterized by the following:
Daily Fantasy Sports Leagues.
The following statistics were taken from the Elias Research Bureau:
Bracket League
Head to Head Bracket. $150 for the Bracket League™ to enter a line-up before week 1 of the NFL season. The winners proceed to the next rounds and the losers automatically enter the common pool. Week 2, the remaining players select a new line up and play in another head to head match-up, with the winners progress to the next round and losers are entered into the common league. In the common league, users submit their line-up each week and win $10,000 for the top 10 finishers, $5,000 for the next 10 finishers, down to $1,000 for finishers 26-50.
The great benefit is that a user only must beat 1 team per week to advance. Once the user advances past round (week) 7, they have entered the money rounds, where the prize money gets incrementally higher each week past week 7, culminating with a million-dollar grand prize and a half-million dollars second prize. The common league also lets you continue to play.
Gauntlet Room™ (to be introduced 2.0)
Soon to come is the Gauntlet Room™ where users can set their line-up and their purse “or money” they want to “bet” on their lineup and have a head to head battle with another user or group. The winner takes all (minus 5% for the house).
The Gauntlet Room™ circumvents illegal gambling by allowing a head to head “bet” by assembling your own team in which to “wager” on.
MBFFL™ Game Fees and Prizing Structure
MBFFL™ has two (2) separate cash prize models for both league types (Bracket League™ & Community League™):
Prize Structure – MBFFL™ Bracket League™: The first seven (7) weeks, winners for each bracket will receive no cash rewards. From Week 8, each MBFFL™ Bracket League™ loser receives payment based on the following structure:
Prize Structure – MBFFL™ Community League™: In Community League’s, the application will offer weekly cash rewards. The weekly prize format will be:
MBFFL™ also offers Gauntlet Challenge™, the MBFFL™ Rake Rate will be 5% with the 95% balance going to the winner.
MBFFL™ is uniquely qualified to succeed due to the following reasons:
Below is an overview of our expected financial performance over the next five years: To achieve these projections, we need to raise a minimum of $1,000,000 in financing. Which we are doing in multiple smaller rounds over the coming months.
Each Bracket League™ will have 65,536 players with each player paying $150 for the 16-week 1-on-1 NFL competition season or $9,830,400 in revenue.
We conservatively project:
Year Number of Bracket Leagues Total Revenue
1 4 $39,321,600
2 8 $78,643,200
3 12 $117,964,800
4 16 $157,286,400
5 20 $196,608,000
Over 25 Million people already play fantasy football daily games. Of that, we only need 65,536 per league for this business model to succeed which is 0.25% of the market. We are not looking for people to join Fantasy Football, only to tap into an existing market.
How we look against the competition
Features | MBFFL | Draft Kings | Fan Duel |
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Compete against 80,000 – 100,000 players at a time | ♦ | ♦ | |
Compete against one player each week | ♦ | ||
Weekly winners auto progress for 17-week season – payout begins week 8 | ♦ | ||
Week 16 winner receives $1 million, runner-up receives $500,000 | ♦ | ||
Weekly losers auto-join, for free, the MBFLL Community League for the remainder of the season. (1-on-1 weekly contests, 100 weekly cash prizes including a $25,000 top prize) | ♦ | ||
Defensive Players Points – Individual Defensive Players™ IDP(1 DL, 1 DL/LB, 1 LB, 2 CB/S) | ♦ | ||
Proprietary Social Network Connection (“skype-like” excitement via weekly head-to-head competition) | ♦ | ||
Weekly Winner Madness (“March-Madness-Like” excitement via weekly head-to-head competition) | ♦ | ||
Player MBFLL fantasy football social network page (unique fantasy football league gaming experience, unique player designed helmet, personalized players social media page, and celebrity players available for a fee) | ♦ | ||
Yearly League Play with Multiple leagues | ♦ | ||
$9 weekly ($150 per 16 week NFL season) | ♦ | ||
$25 weekly ($450 per 16 week NFL season) | ♦ | ♦ | |
Season long league removed from regulator scrutiny | ♦ | ||
Daily Play (Subject to ongoing legal action and regulation by each states Attorney General) | ♦ |
To put it in perspective, Fan Duel and Draft Kings have many weekly fantasy sports games, with their most popular game attracting over 300,000 players each week.
We offer better value, as our entry fee of $150 for our game equates to $8/week, as opposed to Fan Duel and Draft Kings, whose entry fee is $25 weekly for their high jackpot games.
Consider that Fan Duel generates over $75M per week, Draft Kings generates over $50M per week, and Yahoo Sports has $30M per week. Analysts believe this market will grow to $70B leaving a lot of room for new approaches like MBFLL.
Millionaire Bracket Fantasy Football League™ is not positioning itself as a competitor of Fan Duel or Draft Kings. We view them as allies. By their spending millions of dollars on advertising attracting new customers to the world of fantasy sports, it allows us to capitalize on this by having a larger pool of already invested players in which to choose from. The example I like to use is Las Vegas. If you are a gambler, you are more than likely going to play more than one game, because they all offer something different. So the more “gamblers” playing fantasy football, the better. We will just position ourselves as the niche fantasy football bracket game that offers really high odds of winning. However, our products are superior to our competitors because we will offer our users a “social media” page similar to Myspace, where they can design their own team colors, logo, and unique team name. Users can also enjoy message rooms where they can get information on upcoming matchups, player status, and more. Lastly, users can accept friends, where they can send private chat between each other.
We think this is a wonderful opportunity for investors to join us at this stage. This is big market opportunity and we believe we can attract the players to make MBFLL a big success
To reward our investors, collectively when we raise our full goal of $1M, our investors will own 10% of MBFLL. Our goal is to sell the business within 5 years which will provide our investors a return on their investment. However, we don’t want our investors to wait to start seeing a return on their investment and have structured a Preferred Dividend Payment. Here is how it will work:
Once we are operating and showing a profit we will take the first $2M in profit and hold it in reserve to operate the business. On an annual basis, 75% of any profits above the reserve will be distributed to the Preferred Shareholders until Ten Times (10x) your investment has been paid out. If we meet our goals, this is a great return on your investment. To accomplish this, we would love your investment and for you to tell 10 friends and for you and your friends to join MBFLL. (See the SEC FormC for more details).
In addition, each investment of $300 receives 2 free entries into the 2017 season on our site. This is a $300 value!
Charles E. Taylor, CEO
As President, I will oversee all aspects of the business including supervising customer service and payouts department and work hand in hand with the technical team to ensure the platform runs smoothly. In addition to my work experience as an attorney, I was commissioner of a fantasy football league from 2000-2010, which has been my passion since college.
WORK EXPERIENCE
I have been a practicing Attorney in Georgia for more than 20 years and has represented more than 2,500 clients. This includes bankruptcy law, civil litigation, contracts and entertainment law. I am also a NFLPA (National Football League Players Association) Certified Sports Agent and have represented NFL players in contract negotiations, marketing, branding, and endorsement deals along with assisting players in the transition from college football to the NFL. Prior experience also includes working with recording artist contracts and publishing agreements. I intends to devote my time to MBFFL once the business is fully operational.
EDUCATION
Tulane Law School, Juris Doctor May 1995
Morehouse College, B.A., Political Science May 1992
Douglas will consult on analytics and creating players’ salaries. In addition to being a practicing attorney, Douglas is currently commissioner of several private fantasy football leagues.
WORK EXPERIENCE
Douglas Rosenzweig, Esq
Douglas has been a practicing attorney for more than 20 years. Experience includes O’Connor’s Publishing since 1998 and is the Director, Editorial Department and managing editor for several legal publications in the O’Connor’s Litigation & Expert Series. Prior experience includes a contract attorney with O’Quinn & Laminack, from December 1995-January 1998, contract attorney with Richard Parker & Associates, from November 1995-November 1996.and a solo practitioner involved in general civil litigation from November 1994-January 1998. Additionally, Douglas is Commissioner, Tulane Fantasy Football League, 1992-present, focused on Entertainment and Sports Law Section of the Texas Bar, 1996-present, website Development for Fantasy Football League, 1998, Tulane Sports Law Journal: Managing Editor of the inaugural edition of the Tulane Sports Law Journal, 1993-1994
Investment Goals: | |
Minimum Goal: | $100,000 |
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Maximum Goal: | $1,000,000 |
Detailed Use of Proceeds: | The proceeds will be used to launch the MBFLL portal and begin operations in 2017 through focused marketing and advertising to attract subscribers in time for the 2017 NFL season. |
Securities Offering: | |
Description of Security: | Preferred A-3 non-voting stock and a " Promise to pay" - after reserving the first $2M the Company will pay out 75% of net profits to Preferred Stockholder until 10 times the investment is paid |
Name of Securities being sold: | MBFFL |
Security Type: | equity |
Via: | Preferred Shares |
Price Per Share/Unit: | $100.00 |
Total Fully Diluted Existing Shares/Units: | |
Common (or LLC units) | 75,100 |
Preferred | |
Options/Warrants, Other | |
Total Outstanding Shares | 75,100 |
New Shares being Offered: | |
New shares being offered (Minimum Goal) | 1,000 |
New share % (on Minimum Goal) | 1.3% |
New shares being offered (Maximum Goal) | 10,000 |
New share % (on Maximum Goal) | 11.8% |
Investment Size: | |
Minimum Investment: | $300 |
Investment Increments: | $300 |
Maximum Amount per Investor: | $100,000 |
Others: | |
Website location for Annual Report: | https://www.millionairebracketfantasyfootball.com/annualreport |
Transfer Agent: | By company attorney |
Security Restrictions: | A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the materials and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration. The investors will have no voting right for each Preferred Share purchase. Collectively, the Investors will be minority shareholders and not have control over actions of the management team. |
Issuer Legal Name: | MB Fantasy Football League, Inc. | Company type: | C-Corp |
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State of Incorporation: | Georgia | Year Founded: | 2016 |
Contact Name: | Charles Taylor | Title: | CEO |
Address: | 809 Deerwood Drive Stockbridge, GA 30281 | ||
City: | Stockbridge | State: | Georgia |
Zip Code: | 30281 | Country: | US |
Company Website: | https://www.millionairebracketfantasyfootball.com/ |
Project Audit | Status |
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Proof of Identification: | |
Representative of your Financial Reports: | |
Corporation or LLC Certificate: | |
Tax Form IRS W9: | |
Copies of 2 years of tax returns: | |
Financial Statements: | |
Business Plan: |