sometimes i wonder if you're pulling a skid1 and trolling with some of these your misspellings lol (anchor, ankor)

Neat idea but awfully complex for your first tournament. Hey if you want to involve Path it's your choice...

You probably want a more fair system if you personally participate in the tournament. I don't think just giving prizes to the next person over is optimal, because that means most matches with anyone playing against you, don't affect the final outcome (like if you were playing 3rd vs. 4th place match). For my own next tournament I was thinking about lopsiding the prizes so there is incentive to win or something (like if I got 2nd place, boosted rewards for 1st place and less rewards for 3rd and 4th)

Clarify "You may not use every Ceo Champion" more? It means you can't use any CEO champions at their normal costs (except Summoner/GravityMage), unless you can recreate it with the rules and it will use the cost given by those rules.