I'm embarrassed to be asking this, since clearly everyone else understands, but ... could you explain Rule #2?
I'm guessing it has something to do with the "Draft Utility" (which I've never used). The owner probably has to specify the name AND year of the player chosen. Then, after many more picks, the owner will make some calculations and he'll realize that the salary for that player for that year is too high, so has to re-choose that player, but from a different year.
Am I close?
Also, a question about Rule #4: what if we miss our time window? How do we make up the pick that we missed? Is any time after our time slot OK?
Thanks, and sorry to be so naive.