BYOT leagues are priced per team, meaning that the members of the team are responsible for paying for the amount stated as the cost of the team in full. All payments are handled directly between the league office and the individual players, so there is no need for captains to handle any money other than their own payments.
Players can choose to pay up front or elect a payment plan, each requiring a $100 deposit. Approximately one week prior to the start of the league the cost per player for each team will be calculated based on the actual amount of players registered on team at that time. Each player’s share of the team payment will be calculated by taking the team cost divided by the number of registered paying players.
Pay In Full – Those who elect to pay in full will have their charged in full approximately one week prior to the start of the league. The amount charged will be their share of the team payment, less their $100 deposit.
Payment Plans – For those electing the payment plan, their share of the team payment, less their $100 deposit, will be split up into the number of payments stated on your league registration page. Please note that there is an additional admin fee of $5 that is added to each installment. Payment plans are offered as a convenience and do not exempt the player from their obligation to pay their share of the team payment in full under any condition.
In the event that a player’s payment plan installment fails, that player will become ineligible until the payment is made. If a player’s payment cannot be collected within 21 days then the player will be disqualified and team, jointly and severally, will be responsible for the balance. We will continue to try to recover the amount due through collections and reimburse the team if/when we are successful in doing so.
By registering for a BYOT league, players authorize StinkySocks Hockey to charge the card used for their deposit based on the criteria above.
Late Roster Additions
If a player is added to the roster after the first game, their cost will be prorated based upon the number of games left in the season and the number of players on the team (including themselves). The amount that the new player pays is then credited back to all players who had paid prior to them at the end of the season. New players can be added up until the 3/4 point of the season. To be added, the captain must make a request to the league office and the player being added must have an account with StinkySocks Hockey.
Example of how late add pricing works – If there were 10 games left in a season of 18 games where the team cost was $4,750 and the team had 14 players including the individual joining, the cost would be calculated as follows: ( ( $4,750 / 18) * 10 ) / 14 = $188.49, which is the prorated cost of the league for the remainder of the season, divided by the entire team. The amount paid would then be distributed equally to the 13 players who registered prior to them, in this case $14.50 per player ( $188.49 / 15 ).