Is there anyway for me to alter my/the "Owner" information ? I had set our league up for one group of ten and then also helped set up another 12 team. The first one I set up but need to change the "Owner/Commish" info out of my name and to the actual guy who will be running the day to day operations once we get started.
No players should on waivers until the season starts.
During the season, if your league has waivers, you can add claims to your queue.
Players are placed on waivers from the time their NFL games kick off to your league's specified Waiver Day. For example, if Michael Vick is a free agent and he is playing at 4 PM EST during week 4 and your league's waiver day is Wednesday, Vick will be on waivers until the Fleaflicker system processes waivers on Wednesday, week 4. If nobody has claimed him, he will become an unrestricted free agent that can simply be signed. Similarly, newly released players are placed on waivers until the following week.
You can read more about waivers in the help documentation:
How do you claim someone off waivers
Any user's information can be edited from the user menu on the home page (top right) after they log in.
Simply click the "Edit My Information" link.