Clarifying a couple of things:
There are 55 roster spots and the 3 new managers can keep drafting from their 3 dispersal rosters as long as they want up to 55. So if one of you decides you're done after the 49th round (for example), the others can keep picking, just let us know when you're done.
NEXT STEP:
When the dispersal draft is done, we'll move on to the regular draft. Players eligible include those drafted in the 2019 MLB Draft, 2019 international signings, any unowned player in the Fantrax FA pool, and players from any team's unprotected list (no team can lose more than 3 guys).
When the draft is done, all remaining FAs in Fantrax will go through the 48-hour waiver period. Once they're all on waivers, any team in the league can go into Fantrax and claim as many FAs as you want - you can arrange them in order of preference in Fantrax. Teams are ranked 1-18 in reverse order of the previous season's standings. Except this year, the 3 new teams will be at the top of the list in reverse order of their dispersal draft (so 1. Balls Deep, 2. West Foundation, 3. Bash Brothers, 4. last year's last place team, 5. last year's 2nd last place team, etc.)
When Fantrax runs waivers, it goes down the list. So it will award Balls' first choice since he's got #1 priority. Then it will look at West's list: if the guy Balls just drafted is #1 on West's list, it will move down and award him with his #2 choice. Then it will move on to Bash, etc., and keep going down each team's list, then after Team 18 return back to Team 1 until there are no waiver claims left. If you have a full roster, it will ask you to select a player to drop when you make an add. If there are 5 guys you want but you only want to drop 1 player, list that player all 5 times as the player to drop. But in that example, you'd only get 1 player through waivers. If you have 53 roster players, you can add 2 through waivers without dropping anyone. And obviously once waivers have been run, any team can then go into Fantrax and add FA's as normal.
Hope that makes sense! Any questions, let me know.