[Reminder from the Dime Crew: This is your last chance to sign up for this!]

Clearly, we here at Dime love fantasy basketball. We’ve even had our own keeper league for almost 10 years now. Fantasy hoops is something we take very seriously, but we’re always looking for something new. We think we’ve found it in our friends at DraftStreet.com.

DraftStreet has created a new way to play fantasy basketball that turns the season-long grind into quick-hitting, one-night leagues. And the best part is that you can win cash every single day. You draft a team for one day and get paid out as soon as the games end that night.

DraftStreet.com is at the forefront of this new trend in the fantasy world and has offered us a great promotion to kick off the season: a FREE one-day fantasy league with $300 in prizes exclusively for Dime readers.

This contest will see salary cap-style drafting where everyone tries to assemble the best team out of the available players with the money you are allotted. Users will have a $100,000 budget to build a team of 2 forwards, 2 guards, 2 centers, and 2 utility players. Each NBA player has been assigned a price based on their expected fantasy performance.

You can adjust your roster up until the contest starts on Friday, Jan. 27 at 7 p.m. EST at which time your rosters will lock and the Live Scoreboard will be available.

CLICK HERE to sign up for free and register for the Dime $300 Freeroll on DraftStreet.com.