The two easy options:
1. Combine a whole year of leagues or whatever ( as mentioned above). Makes your even worth something and it costs less. We used to have a weekly three strikes for mostly casual players, now we've just combined it into a quarterly 'league'. No one cares about a dime from their weekly entry fee, and it's worth enough points to 'matter'. Annoying that we had to do that, and that you can 'game' the system that way, but work with what you've got...
2. Ask your existing players if they think ifpa is worth it. If they don't, don't bother. Keep your ears open when you meet players in the area who don't come to your league, see if it being worth points might change their minds, then see if you care enough

Arguing about the $1 or whatever is fine but we're not going to get anywhere we didn't get when it was announced.