With the free agents, it seems like a team could conceivably drop every player and draft free agents, so our ceiling would be 53x26 = 1,328 free agents. Wouldn't the free agent pool just be every player who was on an NFL roster during the season? (I recognize that our timing is a bit off, so I'm proposing that for the moment.)
Eliminate the racist "Chiefs" nickname and become the Kansas City Ermines. It's time, people.