It is already set up, but I would suggest that you would create a better competetive balance by cutting your cash margin between teams to $1 million instead of $2 million.
the difference between a $78 million team of choice picks and a $100 million team is just a huge gap to cover with such a huge player pool. The gap from $89 million to $100 million seems more competitive. (although the higher the cap goes, the larger price difference that can be overcome with the earlier team picks).
Just an opinion (and a reason I am not jumping in)
:?