Quick Online League question

[worldwearyeyes]

Would really appreciate some insight.

3 friends and I want to play in one online Association, where we each control one team, and CPU controls the rest.

After all the patches and such, 1) is this possible, and 2) what are the biggest limitations?

THANKS! We're big ncaa online dynasty fans, but burned out on football and looking for another sport.

[worldwearyeyes]

As info, we're still on the 360.