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DraftDay announced their 'Online Championship of Fantasy Sports' earlier this week. The online championship will feature eight events over a five day period (May 21 -25). The total guaranteed prize pool for the daily fantasy championship events is $40,000. Here is the DraftDay Championship schedule:

Events 1 - 3 feature large field GPPs with a $10 buy-in. Event 4 features DraftDay's unique 'Hit it & Split it' contest format. The buy-in is $25 and all teams that score 45 points or more split the $2,000 prize pool. Event 5 is a $50 buy-in GPP that only includes early afternoon games. Event 6 is another $10 GPP, but the salary cap used to build your team is reduced to 90K (down from the traditional 100K salary cap on DraftDay). Event 7 is a $25 double up contest. If you finish in the top 50% of the field you double up your buy-in (minus the rake of course). The 'Main Event' is a $200 buy-in with a prize pool of $20,000. If the $200 buy-in is not in your bankroll, DraftDay will be running Main Event qualifiers!

DraftDay's first ever 'Online Championship of Fantasy Sports' is going to be huge and could feature some big overlays. If you haven't played on DraftDay in the past read our site review and sign up through our links to get a 20% deposit bonus.