As I understand the rules we drop to get to 40 players and draft eight rounds to get to 48 players. Here's my 40 man roster prior to the draft:
1 Bumgardner
2 C. Buchholz
3 C. Young
4 Chamberlain
5 G. Gonzalez
6 Hochevar
7 Jimenez
8 Kazmir
9 Zambrano
10 Lindstrom
11 Moylan
12 Nathan
13 O'Flaherty
14 R. Perez
15 Olivo
16 Saltalamacchia
17 Johjima
18 C. Davis
19 Konerko
20 Howard
21 Ishikawa
22 A. Hill
23 K. Matsui
24 Weeks
25 A. Rodriguez
26 I. Stewart
27 Feliz
28 P. Alvarez
29 Tulowitski
30 Headley
31 Ad. Jones
32 Pence
33 Hermida
34 Schierholtz
35 Thames
36 J. Hairston
37 Snider
38 Bradley
39 Cunningham
40 D. Ortiz
Am I missing something?