For those who are new to the league and for those who have been with the league and just can't remember; in the past we have waited for the first roster update before activating our CFM. After activating the CFM, we update the team rosters to reflect any MAJOR trades/releases that were excluded. Otherwise, we leave the 75-man rosters for everyone to make their own cuts. Here is an example of how we handled it for M25...
