Howdy Rick,
I obviously missed last year's contest and haven't paid attention to your offer of running a contest this year until now.
I've only been involved in a fantasy football league once, quite a few years ago, and the police who busted the bar owner ('bout three games into the season) for bookmaking mistakenly kept our team entry fees until the case was heard (after the Superbowl). Our fantasy league was indeed social gambling between friends and they had to give us our money back.
If what you are proposing is a draft where nobody has the same anything in the beginning, and trades during the season are allowed, I'd be very interested.
Bob
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