But this wouldn't be solved if the new rosters were semi randomized? Every roster starting with at least 3 trainees or something? Or, since it’s a newborn “country”, all players starting with 20 years or less? This would take out a lot of the luck factor on the starting team.
About the other point, what would be a good player on a closed market? What's garbage today could not be garbage in Utopia. If we're all starting in division IV it means that are going to be 64 leagues. Since there are 48 players on the draft that means 3072 new players after the first year. In the current world, a huge bunch of those players get fired because they are not worth of going into the market. But that won't happen in Utopia right away (or ever) because of the lack of players. Everybody could use some role player on a closed market so that would give some depth to the market. And the prices can't be that high, otherwise nobody will afford it.