Sigma said:
Considering that it's going to be blind judging, information about you in your cover letter is pretty much a moot point. Neh?
Your cover letter has to contain your contact information. That's it's main purpose, according to the information sent out by WotC.
And in answer to the people who are mentioning that the writers won't get royalties, there wouldn't be any royalties on this 100 page bible anyway. To my understanding, what the three finalists will produce is a broad overview of the world, its cultures, organizations, history, magic, etc. Whenever I have seen projects with multiple writers in a shared world, that is what the word "bible" referred to. It is not intended to be a publishable work in its final form. It is, however, what the writers who work on the world will use to create the products and stay consistent. As the world evolves, the "bible" will grow, and it will be used in house as a guideline for future products.
If you read the Submission Information, at the end it mentions that the winner of this competition may receive preferential treatment when it comes to assigning authorship of the various supplements and novels. Meaning that, at that point, you would receive other salaries and royalties on the works you authored published. I am not familiar with WotC's policies on royalties for freelance work, and if they even offer any, but the fact that they are not offering any royalties for the 100 page bible, a book that will never be published, makes sense.
In essence, they are paying you $120,000 for the rights to your world. The only royalties you MIGHT get would be on future published works you author.