In this format (w/salary cap), you just never know what other folks are trying to accomplish. There are multiple $10M players still on the board, yet a guy like $3.8M Brian Harper (27th ranked C by OPS+) goes in round 4. This isn't a knock on alice's pick, but whatever his strategy is might be something completely different than what my strategy is or what your strategy is.
So in this version, I am not trying to employ "game-theory" to my picks. In previous versions of this theme, I try to estimate exactly when players are going to get picked (based on their perceived sim success) and try to get the guys I want right before others will want those guys. That won't work in this format. Somebody can value a $4M mediocre player as much as somebody else values a $7M decent player as much as somebody else values a $10M stud.
Version 3 Draft Strategy: Pick the guys I like, in the order I like them.