It would be open to all forums that would want to put up the cash and participate and could even be run through 3rd party contest places/poker sites since most forums would not participate if run on someone else's turf which is understandable. Each team would have a person that verifies records/scores. The whole point is that these forums should work together to keep forums relevant and fun and this would be a win win for all forums involved.
I think a 3 month/12 week contest at 1st (if successful than do 2 or 3 times a year). Each week is its own week where cappers/players for teams earn points. Not only sports but poker as well. Winning forum takes all and can do what they want with prize. We would hold a contest for the community with ours.