The house usually has a set fee per week. This year ours was $15 per bowler per week. Then we had a $1 secretary fund and $4 prize fund for a total of $20 per week per bowler.
I've found that a typical league here has Place Money and Point Money. Place money typically only pays 1st through 5th, but I've seen them also pay down to 8th.
Point Money takes the remainder of the prize fund (after Place Money and Team/Individual achievements) and divides it by the number of points won by each team. So all teams get money.
Example:
1st Place $500 + point money
2nd Place $300 + point money
3rd Place $100 + point money
4th Place Point Money
5th Place Point Money
6th Place Point Money
etc.
Of course, amounts depend on what is paid in. Another league is quite large and the fee is $22 + a one time sponsor fee. $6 per bowler goes into the prize fund each week. $15,360 this last year.
I was the secretary on a mixed league and we had something that seems to be unusual. A banquet fund. Each person was paying $1 per week into the banquet fund, which meant at the end of the year you could have a decent banquet ($32 a plate, effectively).
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