The 2011 LABR (League of Alternative Baseball Reality) drafts are taking place this weekend in Arizona. 
1. PREAMBLE
We the people of the League of Alternate Baseball Reality (LABR), in order to promote the great game of fantasy baseball, prove all GMs idiots and obtain the biggest bragging rights in the nation do ordain and establish this constitution of the League of Alternate Baseball Reality.
2. OBJECT
To assemble a lineup of 24 National League or 23 American League baseball players whose cumulative statistics, compiled and measured by the methods described in these rules, exceed those of all other teams in the League.
3. SCORING
LABR uses a Ranked, Rotisserie Based Scoring System.
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Yesterday, the American League branch of the LABR took place. Today, the National League does its auction draft.
The LABR is made up of professionals/ writers from the baseball publications industry. The LABR draft, when it takes place, is not open to the public. In years past they used web site all-star stats to run the LABR leagues. Here is this years AL ownership:
Steve Gardner, USA TODAY (7th year, 1 title, @sgardnerUSAT)
Chris Liss, Rotowire (6th year, @Chris_Liss)
Brad Evans, Yahoo (3rd year @YahooNoise)
Dave Adler, Baseball HQ (5th year)
Larry Schechter, Sandlot Shrink (7th year)
Rick Wolf/Glenn Colton, Rotoworld (10th year, 3 titles)
Lawr Michaels, Mastersball (3rd year, @Masters_Ball)
Jason Grey, ESPN (8th year, 2 titles, @Jason_Grey)
Greg Ambrosius/Shawn Childs, NFBC (18th year, @VuFantasyBBcom)
Nick Minnix, KFFL (2nd year, @NicholasMinnix)
Perry Van Hook, Fantasybaseball.com (3rd year)
Tom Trudeau, Bloomberg Sports (1st year, @Tom_Trudeau)
[...] The National League finished its auction draft (http://tinyurl.com/45ndqgt) which took place on Sunday March 6th. The American League draft finished up on Saturday. [...]