I hosted my annual nfl fantasy football draft on Saturday - the 21st year I've had a "live draft" nfl league. Nowadays it seems most fantasy drafts are done online. Our "old school" draft is still done in person and gives owners a sense of what the real nfl draft is like.
One unique feature of our league is an auction for the first 6 players, and a draft for the remaining 16 players. Here's a video clip of one player being auctioned off:
When I first heard fantasy football calls on sportstalk shows in the 80's I used to think, "get off the air! Let's talk real football!" I soon caught the fantasy sports bug, though, as I played in a league at a local health club and was hooked. I ran my first league a year later in 1989.
Since that first nfl fantasy league I added one fantasy sport after another. I now run leagues in nfl football, ncaa football, nba basketball, nhl hockey, major league baseball, and even golf! I find I am a much more knowledgable fan of each sport now, as playing fantasy sports requires you to learn about all the players in a league rather than just the ones on your favorite team.