Welcome to the forum SportScore and nice of you to organize such a competition. Im sure youll get some interesting logo suggestions that will help you improve your business. If possible, make a few suggestions about the kind of logo you are looking for. Do you prefer something abstract or more representational? Are there any specific colors or symbols you would like to incorporate? The more specific you can be, the better chance the designers will have of creating something that truly captures your brand's identity.

Also, I think Monday might be a bit too soon for a deadline. A lot of talented designers might miss out if they are busy with other projects. Maybe extending it a bit could give more people a chance to participate?

Oh, and one more thing. To make the contest even more legit, you should consider using a trusted escrow or hiring someone to manage the competition. That way, everyone knows the prize is safe and it might attract even better designers.