Keeping it simple. Could have an account and community with interactively designed threads. Did this a little with "steembets" (account) years ago. Just not a full blown league. Tokenizing community & threads could help drive engagement.
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Have that account start a community. Then use that as the "home base".
Post for interest, community soon:
https://leofinance.io/@steembets/steembets-an-old-idea-to-bring-back-to-hive-bets-fantasy-league-andor-the-like
Ok sure. Happy to help get that going. If there's interest. Which I'm sure there is. As I was trying to work towards that maybe too early.