Steal Draft:
1 - cpl5454 - E. Averill (bigmahon)
2 - rosenthm - P. Waner (Munich_Man) via proxy
3 - spicki17 - dimaggio (rosenthm)
4 - Munich_Man - Speaker (vmiller)
5 - goffchile -Camnitz (cpl5454)
6 - tkl33 - Musial (tycobb)
7 - cristano - Yastremski (tlk33)
8 - ArrylT - S. Coveleski (cristano)
9 - bigmahon - Dawson (AT)
10 - vmiller150 - Rizzuto (goffchile)
11 - dr. x -
12 - tycobb -
As for the way the system works, it's always been that way, I believe, and never been a problem before. Any player not protected one way or the other is eligible in the free agent draft open to all teams and hence can't be stolen by one. Pretty straightforward, it seems to me.