Want to give this a shot, and hoping to find 11 takers. Here's what I'm thinking:
2007/$80 million/10% FA drop penalty
We each "draft" two teams (one AL, one NL, random draft order), then choose our rosters from our two teams. Managers are also allowed to draft one "wild card" player from any of the undrafted teams. Your stadium is one of your teams' stadiums.
We'll vote on whether or not to have a DH, so when you sign up, please indicate your preference. (I won't vote so we don't have a tie.) Stick your name in whatever division you feel like being in.
East
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Central
5. corey375
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West
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