Yahoo Fantasy just started the Basketball game.
This year, they have a new feature of "Auction League".
The idea is that every team would have $200, and you can place your bid during the draft to get the players you want. I think it would be an interesting game, but it would need real competitive people to make the game worth while.
I have setup a league drafting tomorrow (August 29 @ 3:00PM EST).
If you have interest, please leave a message.
I will setup the league (just regular Yahoo setting), I will place the information later.