Think about what do you want to do next season. Be fifth and avoid paying salaries for two weeks? Be seventh and have a good pick in the draft? Offseason almost ended, so you don't have much to do except maybe buy a 18y old among those who will plague the transfer list in one week from now.
When you see where you landed, you can construct a team that you'll guide to the place you want. But first of all, I recommend upgrading your arena and adjusting ticket price.