Dude..that would be awesome!!! If we did a Bowl format and had Bowl games (so to speak) and awarded different prizes for different Bowl Games ala College football. But, you actually incorporate an NFL swing to it where you have playoffs for the top 8, and bowl games for the remaining players.
That way you have a certified champion and people still have a chance to play for something.
Just an idea off the top of my head...feel free to shoot it down if it sounds stupid.