The "Add/Drop Policy" setting indicate how unowned players can be added to a team.
"No Add / Drops" means that a team may not add a player through free-agency or waivers to a team after a draft.
"Free Agency" means the league will not use waivers and that players may be added on a first-come, first-serve basis.
"Waivers with Free Agency" means players must pass through waivers before becoming free-agents. When players are on waivers, teams in the league may place claims on the player and the team with the best waiver rank is awarded the player. This option promotes parity in the league in that the teams in last place have the best chance to improve their team.
"Permanent Waivers" means that players remain on waivers and never become free-agents.
Last Updated: 10/20/2011