Nope that's a mistake on my part. If anyone notices another mistake, let me know.
Basically, we have to draft 25 players that will be an acceptable roster to enter for the autodraft. That means 10 pitchers (5 sp, 5rp), 2 CA, and 15 total hitters. Each owner has the rights to the 25 players he drafted. After the frenzy, you can add drop to your heart's delight. Just be sure to draft your original 25 first.