Also doesn't work. It seems that the values that I import in Game Setup > Financials are not affecting the league at all. I imported the financial numbers of 1871. That automatically changed the team expenses and salary
settings to, for example, super stars making $370 a year.
With those values imported into the league settings, I did the trifecta again: assigned fictional contracts to personnel, assigned fictional contracts to players, and finally assigned fictional financials to teams.
This increased my league's
actual top payroll from $900M to $1.3B. Hey, the players are not complaining
For some reason, everytime I assign fictional values, the payrolls and budgets go up, it's like something is getting added instead of replaced.