More or less, I *didn't* do my due diligence when I took a team (or maybe I got confused) and long story short, am going to need to do some fancy roster management and draft pick trades to fix at least one of the problems. Being a noob, am on the 30 day timer, and depending on which period of time the free agency period is will pretty much determine if I will be able to trade for the draft or not.
I didn't see a sticky in the forum for league rules, and it is common practice to have game rules accessible in other sim games, especially ones which allow custom rule sets or time periods.