EGDL is a 14 team, roto-based, salary, dynasty league with a unique setup. Each team has 27 man rosters and 40 minors per team. In addition, there are franchise, restricted, and prospect tags as well. It will be a small pay league ($20) buy-in that will be played on Fantrax.
We will begin a 12 week bidding process where 25 players will be bid on per week. Once these are nearly full/full we will do unlisted rounds where GM's may nominate players to fill out their rosters. Next, we will begin a 40 round minor league draft. I suspect it will take us 6 months to fill out the roster and we will begin playing in the 2013 season.
Main boards: http://www.profsl.com/smf/index.php?board=1678.0
I look forward to seeing you there!