What should the entry fee be for the bed race?

We had a meeting for the Great Coconut Grove Bed Race yesterday. Everything is on track for Labor Day Weekend in September. The night before (Sat. Sept. 5) their will be a pajama bar crawl and waiter's race and the next day will be the Bed Race (Sunday, Sept. 6).

I am in charge of the rules and some have suggested that there be an entry fee for each bed. The committee suggested I bring it to you. What do you think?

What would be a fair, but serious entry fee for each bed? The committee consensus is $100.00, some say $50.00. There will be five people per bed -- four pushing and one on the bed. So the cost would be divided by five if people had planned to split the cost among the team.

The grand prize may be a cruise, so keep that in mind.

What do you think? The whole event is free, the only entry fee would be for the teams racing beds. Once we firm up the rules and entry fee, we'll start taking applications.