Okay because I have nothing better to do I'll post the gist of the game here. I know you can all read and figure it out but this is just in case. Plus, who knows it may even encourage someone to join once they see how easy it is.
Basically you make a team of seven players. You have to have one Centre, 2 wingers, 2 defence, one goalie, and one extra attacker. The extra attacker can be a winger or a centre, enabling you to have two centres or three wingers on your team.
You make this team with 30 million dollars. Every player is given a value based on this last season and past performance. Once the season starts on the 26th you start to get points from the players. You can find a list of what points are awarded on the site. Basically it is everything: goals, assits, penalty minutes, shots on net, hits, saves for goalies, etc.
You aren't stuck with those players though. Each week you are given 2 trades for free (Wednesday late at night after the games, so basically Thursday morning). You can use the trades or save them up. They will never expire if you want to save them until you need them. The site gives you the option of purchasing trades, which is stupid. Just to cover that we'll say that we aren't allowed to use that option or you will suffer severe ridicule. Having only 2 a week makes things more interesting anyway.
You also are not restricted to 30 million. Players values go up and down depending on how many people are picking them up or dumping them. So as the year goes on your franchise value goes up, allowing you to pick up better players.
Also, no one will be able to see your team until after the first night. After that when you make a trade no one can see it until the next day. So that allows you to get the jump on people if your guy has a big night. That is about all there is to it. More indepth stuff is on the site.