I think that's a 6x4, no? What am I missing here: avg; slg; obp; HRs; (R+RBI-HR); SBs (that's 6) and then 4 more for the pitchers. Assuming that's right, then they made this really easy for you. A great hitter will produce across at least 5 of those cats, whereas your best pitchers will only help you out in 3 of those pitching cats. Time to load up on great hitters... um... where are they? Just kidding, man, but we do have some work to do for you to be competitive this year.
Let me step back for a moment. Your league is what I'd call "broken." A properly defined league should allow each owner the chance to approach winning in more than one way. Whenever a league's settings dictate the strategy, then it's not set up properly. Looking at this league, not only is the scoring system weighted towards hitters, you also have to start more hitters than pitchers. That makes great hitters worth even more since they're competing against truly substandard hitters. On the other hand, average pitchers will be available late in the auction or even from the waiver wire allowing you to be competitive in that area of the league without really trying too hard. They might as well have called this the "Draft Hitters First League."
Knowing all of that, let's try to exploit it. First, try to keep some production. Chipper and Morneau... That's $53 right there. Yikes. I don't possibly see how keeping Hafner would be smart despite needing him. I'd keep Kemp for a $1. That's about it for the hitters. On the pitching side, go with Beckett, Francis, Bailey, and Miller. That's another $36 in pitching, which brings you to a grand total of $90 over 7 players.
After keeping those 3 hitters and 4 pitchers, I would then try to trade all of the pitching for hitting. I'd say that it would be nice to keep Beckett, but he's your only great bargaining chip. With this being a 5 OF league, I would target an uberstud OF with the Beckett trade. In a 2 C league, you will want to have a C that can produce. Try to grab one of those guys somewhere along the line, too, but don't overpay. Beyond that, I would consult these boards with each deal that comes your way.
Welcome to the Cafe, and good luck!