Well, I like to reward a team for either being the number #1 or #2 seed or winning two playoff games. Giving a first, second, and third does that.
Also, we only have $300 in the kitty.
If you win the regular season or get second the prize is being in the semi-finals of the league as #1 and #2 get a bye.
We could do a most points championship for the regular season of $25, and do payouts of $145, $90, and $40 to first, second, and third.
What do we think of that?