The draft is one piece of the puzzle. Even if you are in awe of your fantasy football draft and believe you created a masterpiece, the work is just beginning. Injuries will happen, players will disappoint and others will emerge out of nowhere.

Working the waiver wire and using FAAB (Free Agent Acquisition Budget) wisely will be critical in winning a championship. Take a look at championship teams from recent seasons and often you will find at least a few players that were acquired off the waiver wire, especially later in the season. Breshad Perriman is one example from last season. Of course, it's even better to land someone early in the season that has an impact on the lineup the whole season, like Phillip Lindsay two years ago.

My favorite system for the waiver wire is FAAB. It's the most fair and gives everyone an opportunity to acquire a free agent. Each team gets an imaginary budget. It's usually $1,000 or $100 for most leagues and teams put in blind bids. The highest...