$1.50 is the standard per player tax. I believe DU only taxes the player $1, so there is a precedent for that in winter club league play.
The deal needs to be either $5 per player with $1 to the club, $1 to the ACE fund and $3 payout, or, $10 per player with $1 to the club, $1 to the ACE fund, and $8 payout.
If the club league ACE fund is being played for, a per player club tax must be imposed in my opinion. Although we pay dues to the club, some revenue stream is still needed to allow for the neccesary funds to faclilitate club financed course upgrades and maintenance.