@Getizzyback must have started drinking even earlier to not notice his big guns weren't playing. It ain't over 'til it's over!! Congratulations.
@janrichmond, you weren't last in the regular season, but you slid down the "ladder" in the playoffs, which is what the Final Standings are based on. http://games.espn.com/ffl/tools/finalstandings?leagueId=1494983 You had some players held out yesterday, too. Congrats to @J Dog for winning the Toilet Bowl!
W = wins
L = losses
T = ties
Pct. = winning percentage (games won/games played). Math note: it's not really a percentage. If you won all of your games, you would win 100%, but your Pct. would be listed as 1.000.
GB = games back or games behind. Explanation here: https://en.wikipedia.org/wiki/Games_behind. I usually think of it as how many times in a row you'd have to beat the first place team to catch up with them.
During the regular season, each team in the East plays every other East team twice (2x4=8), and plays every West team once (1x5=5) for a total of 13 games. Vice versa for teams in the West. The playoff schedule is based on the regular season records.