Welcome to the league, and enjoy taking Medicine Hat off my hands. When I took them over on an interim basis last season, the young players were all maturing into stars and the team had gobs of money on its hands. That money is gone now, but the lineup is pretty stacked now. Now just find yourself a real #2 starter and you'll be set for the next several seasons. (Hopefully you have better luck than I did in finding a trading partner for Tolliver.)
Oh, and by all means change the team name (Juffowup?) if you so desire.
I'll happily go back to just managing my own team, who I probably neglected a bit while handling MH.