Signing players to contracts question

If I sign players to contracts for a team, does that reduce the quality of draft choices available to that team in the next Quick Draft?

I seem to be addicted to this unique interactive form of entertainment that exercises my brain in good ways!
Thanks.

If youre referring to auto leagues, yes. It basically fills a roster slot so if you have a 90+ rank SP, it'll fill the spot of a SP1 in the draft and skip right to 2. And if you have an 80-89 rank SP, that'll fill the SP2 role, which means you'll skip SP2 and go straight to 3 (whether you already had a SP1 or had to draft one)

It's probably a little more complex than that but that's a baseline example of how it works from what I've seen