12 teams at $45.00 each results in $540. Less $20 paper/ink costs leaves $520 to distribute:

Each Totals
$210.00 $210.00 1st place These prizes will be distributed as each week is played out.
$70.00 $70.00 2nd place Everyone who makes the playoffs gets $15 right away, and if
$35.00 $70.00 3-4 place they win the first playoff game, they get another $20, etc.
$15.00 $60.00 5-8 place

$5.00 $30.00 Best player for each position (top QB, RB, K, DF, etc.)
$20.00 $60.00 Divisional Champions
$20.00 $20.00 Coach of the Year To be determined by a league vote at the end of
the playoffs.
$520.00 Total Prize Fund