The loser starts next year's auction with a reduced budget, a 10 to 15 percent cut is standard, and must build a roster with less money than everyone at the table. The handicap announces itself with every nomination. Winning from the hole is possible and has produced the league's greatest redemption stories.
The long haul: this is not a one-afternoon sentence. With a time commitment of next season, the punishment keeps paying out (for everyone else) long after the season ends. Long sentences need a written end date and a league-appointed enforcer who checks compliance.
Seen in the wild: fantasyleaguelottery.com