YES, that is the way it works. And all of those advanced settings will be the SAME for all of your teams....that part SUCKS. I don't want the exact same playbooks, etc for all my teams. One team has crappy players and I'll have one set of gameplans/formations. The other team is full of talent and I'll do something different. But if I make a change on one team....it carries over to all the others. That is stupid.