Just to let you know this is what TF have in place and this is how eventually I'd like our league to look:
Salary cap, 3 captains (each team), draft, B&F medal, Media Medal, Peoples choice POTY, no free agency, trades only, if no trade can be arranged, player goes into draft.
OK, on what you've said;
Salary Cap - Simply won't work, players will just take base salary. It's not like TFAFL, there's no vBookie, so there's no point to it.
3 Captains - Again, I don't think this will work. I'm all for a leadership group who can step in for the captain, and having a team owner reigning over the captain like Deestroy does at the Dees, but 3 captains are just stupid.
Draft - Fair enough, but is it organized through activity or ladder position?
B&F Medal - Most well run clubs already have this, and more.
Media Medal - Who'd award the votes, you? Opposition captain (ie, Hawks vs Shagons, wally votes for the shagons best, P4L votes for the Hawks best, cross over system?)
People's choice POTY - Already have team one's going, though a league one will work.
Trades only - Agree. Player can walk, but have no control on where they go. I think it's fair enough.
My take on everything TFLUA., don't forget the all-league team.