Basic Rules:

Salary Cap - None

AAA - 12/6 Below Average (Any Career Keeper/Team Icon with fewer than 60 IP/ 150 PA may be placed in AAA or on the MLB roster to start the season).

DH – AL only

Trades - Allowed and almost needed. Teams can only trade for eligible players though. Draft picks may be traded 2 years in advance. Players to be named later (future random AAA players) may also be traded.

IR - Unlimited. Restricted to any player without a WIS season, or any CK/TI that did not play for your franchise at all during that season (at owner’s discretion).

WW - No

Keepers - Unlimited. Any players who were assigned to your roster as career keepers, team icons etc. must be kept for the duration of their career.

Subsequent Seasons Draft Order - Will be determined at the transaction deadline (120 games). 48 wins are needed to qualify for a top 3 pick. Teams that do not reach 48 wins will be slotted from the 4th spot on by most wins. The rest of the draft (including top 3 picks) is inverse order of record.  The first pick in rounds 2-4 belongs to the team with the fewest wins and continues in inverse order.

Divisions – As close to real life as possible

Team Names and Stadiums - Same as real life. If your team changes names or moves parks, then you must do the same.

Here's the twist:
 

Keeper Rules - All players that fall in to the 3 keeper categories below will be forced on their respected franchise. They can not be traded or cut.

CAREER KEEPERS - Any player who has played his entire career for one team (or entire WiS career) will belong to that team. If a player has played for several teams but has only racked up 50 AB or 25 IP in a season for one team he will also belong to the team for which he played the bulk of his career. So if Player A plays four full seasons for the Dodgers, then goes to the Cubs where he only nets 30 ABs and is traded to the Mets where he gets another 30 he will be still be considered a Dodgers Career Keeper.

TEAM ICONS - Any player whose first ten or more eligible WIS seasons are with the same team, and who has had no more than 3 WIS seasons with other teams (including expansion teams) will be designated a Team Icon and belong to the team whom he played 10 years for.