First, half of what I charge ($30, it's public info, in my bylaws) goes into the Players Fund, which is used only for benefits given directly to players (trophies, travel assistance, prize money, etc.) and monitored closely by APA. So cut your number in half right away. Then do it again, because other expenses like royalties, credit card fees, gas, office expense, etc., come out of my half. Is the $40K that's left enough to live on, say for a family of 4? And that's with no employees, don't forget employees. Before you answer, self-employed health insurance is expensive and can cut that number in half right away. When you answer that question, ask yourself if $40K is worth it for 200 teams worth of work? Then ask yourself the only question that should matter to anyone not considering a franchise - is the entertainment worth the $6 (maybe $8 with table fees) you spend on league night? If it's not, don't play. It's really that simple.