I’m very pleased to announce that FanGraphs has partnered with ottoneu, Inc. to bring you an auction-based, dynasty league, fantasy game.

Our fantasy game is not your standard customizable commissioner service, but is a very specific game, where you manage a roster of 40 Major and Minor League players with a budget of $400 against 11 other teams. There are currently three different scoring options: 4×4, 5×5, and points-based. You can read more about the specific rules here.

One of the exciting things about bringing a fantasy game to FanGraphs is integration. Have you ever wanted to find free agents in your league using the FanGraphs leaderboards? Now you can.

Information about your fantasy leagues will be available in the FanGraphs player cards and elsewhere on the site, making your fantasy baseball research easier and more in depth than ever.

This season, up until March 1st, each team is discounted to $9.99 from the regular price of $19.99. The first 100 people to sign up will get one free team for the 2011 season, with their money refunded to them in 48 hours.

Signups are available now. Just click here and create/join a league.

We’re very excited about this fantasy game and think that once you start playing, you’ll understand why. Niv Shah, the creator of the game, will be sharing his experiences with the game format later today.