I want all the first timers to know that by saying yes to this league you have the responsibility to send a disc to a winner should you lose (as outlined in the OP).
Every time this honour system is put in place it seems someone bails on their obligation. There is not one reason that will get you excused for not sending a disc if you lose, not one. If you are going to be late with payment that is fine, communication is the name of the game. Please respect the fact that this is an honour system.
Sorry to sound like a dick, I just don't want to have to hound people to keep up their end of the deal.