Rules Clarification... please correct.
NO PLAYER that did not play for your franchise in your designated time frame can ever be selected. This is per the rules from day 1.
ie... Babe Ruth can never play for post-war NY as he did not play during that time frame. Just as Roger Clemens could never play for PreWar NY.
In regard to frenzy/waiver... it is your choice. Do consider others though. In the previous Franchise League we once had a frenzy at 8 or 9pm the following day to make it more feasible for some.