Here are links to the last 2 of these 45m leagues I've played in, Ed (lanier64) was not in both:
http://onlinegames.strat-o-matic.com/league/427104http://onlinegames.strat-o-matic.com/league/425400The first was the most recent and it had a 45m cap on roster value, with 15m to use during the season for FA pickups as long as roster value was below 45m.
The second seems to be more precisely what Ed is calling for here with a strict cap of 45m, leaving 15m in the bank at all times. It would seem logical to me therefore that all draft cards should be filled out as if that extra 15m does not exist.
It seems we have some differing interpretations of how to proceed, and definitely need Ed to weigh in on this.
Mike