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Originally Posted by Ankit
"Allow CPU Teams to Sign and Release Players" option is applicable only if you run a league with Financials enabled.
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if you have Financial Enabled be sure to have "Allow CPU teams to sign and Release players option set to YES, its on NO by default in league Setting, MISC.
if you dont and try to sim , the game will stop and you have to correct the cpu roster
try it and you will see when you create a historical league
and dont forget to change league Mode in league setting from Replay (Default) to Career..