This League will have a 110 mil cap. Each player will pick a player (exclsuive) -- from 2012 ( ie: 2012 Johnathan Papelbon, 2012 Derek Jeter , etc.) based on entering the league ( when all 24 spots are filled) -- we will then have what I call a rapid draft process ( each owner will submit a list of 12 names) -- if no one claims a player you want he is then your's -- if someone claims that player he is then blacklisted. If you need less then 12 players to fill the first part of your roster then you will submit that amonut of players to fill out the 2012 portion of your roster ( when you have 13 players -- you are done with the 2012 portion). The other 12 roster roster spots can be anyone from WIS years 1915 to 1980. NO WW, NO DH, NO CLONES, NO AAA , but TRADES are IN. All Player salaries will be under 10 mil per player.