Is this too complex to be cool?

I was talking to Colby last night, and we came up with an idea.

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Imagine you're the VP Golden Sox. You have Ben Sheets. You like Ben Sheets. Ben Sheets, when healthy, doesn't suck at pitching.

Milwaukee is one of the 20 teams that could be drawn in the next MR drawing. Statistically, Milwaukee has a 1 in 4 chance of being drawn (5 out of 20). This concerns you if you own Ben Sheets. So you decide to convert Ben Sheets into a restricted free agent.

Before the MR drawing, you can restrict one (and only one) player on your 22-man team. To do so binds you to selecting that player on your 13-man team. You restrict Ben Sheets by foregoing a draft pick in an even round, say your 4th round pick, in the subsequent draft.

We follow that with the standard MR drawing and 13-man selections. If Milwaukee is indeed selected, and Ben Sheets then mandatorily dropped at the following winter, the owner that selects Sheets (a restricted free agent) owes the Golden Sox a draft pick equal to one-half of the round that was foregone by the Golden Sox. In this case, one-half of a 4th rounder is a 2nd rounder.

*You're concerned about losing Sheets without anything to show for him.
*You cough up an even rounded draft pick to restrict Ben Sheet's potential forthcoming free agency. We'll call it a 4th rounder (but it could be 2, 4, 6, or 8).
*If the Milwaukee is selected, Sheets will be mandatorily released.
*When Sheets is drafted, you are owed a 2nd round pick by the team that drafts him, as two is one-half of four.

A couple of things I think this can do:
*Entice risk-averse owners to essentially lose draft picks buying MR-insurance.
*Entice players with talented, MR-eligible players to lose draft picks buying MR-insurance.
*Spice up the MR system.
*Increase the value of draft picks.
*Decrease the price-in-draft picks of restricted players (as additional draft picks would be owed).

Also, imagine you cough up a 4th rounder to restrict Sheets, and in fact he has a horrid year. No one in their right mind will draft him AND lose a 2nd rounder to obtain him. Theoretically, Sheets might not get drafted, which would then lead to another implication...

*The importance of post-draft waivers would skyrocket.

I think this is a really cool idea, and could do a lot of good. The only cost, as I see it, is complexity.

Is this too complex to be cool?