The Wall Street Journal reports that a group of 10 Wall Street executives compete in a fantasy football league every year for a share of a $1 million purse.

Pariticipants are believed to ante $100,000 for the entry fee, with the winner taking $600,000, runner-up getting $300,000 and the third-place finisher recouping the entry fee. All winnings are reportedly donated to charity.

The Journal assures us that this buy in is not typical of fantasy leagues, which it says usually gather $250 to $500 from participants. Of course, the paper’s idea of an average league seems a bit skewed, as the typical player does not pony up even $250.

Stanley Druckenmiller, best known to football fans for his recent bid to buy the Pittsburgh Steelers, was reportedly among the founding members, though he quit the league before this season. None of the participants seems too willing to speak on-record about the league, which was won last season by Michael Daffey of Goldman Sachs.

The group, which plays via ESPN.com, has reportedly decided not to grow beyond 10 owners despite a waiting list of potential entrants.