Fantasy hockey rookie - need some advice

[NorthernILHawksFan]

So, I want to start a fantasy hockey league for the first time this year. Was just wondering what types of formats people used (number of teams, scoring, type of draft, etc.). Trying to figure out the best way to do things.

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[hockeyarena]

Is this real life or online? Is it for money or free? Is it with close friends or people you don't know?

 

[NorthernILHawksFan]

Online, money, close friends