Great stuff checkyoursixx.
If you don't mind me lending my worthless $.02, don't give the owners too much carte blanche.
I ran an FHL league once where I was way too diplomatic.
Trying to please everyone led to nobody being pleased.
Don't feel bad about setting the rules and sticking to them.
Once the season begins, evaluate what rules could be changed, and have all the GM's vote.
Rule with an Iron Fist!!