From my understanding, and help me if i miss anything guys.
Everyone picks 1 team a week and cannot reuse the same team again until the playoffs.
Everyone gets 2 strikes before they are out.
All picks must be made by the 12 noon deadline.
Payout goes all to first place and 2nd place get their money back (500) (also, i think last year, 500 went to the person who can stay away from the first strike the longest).
Deals can be made whenever by whomever is still alive, its up to the players.
The season technically ends at the end of the season, however, last year the finalist decided to agree to a certain amount split and decide the rest in the playoffs.