People weren't lying about how barebones the franchise mode really is. They at least fixed that fictional player rookie bug that was signed by the Mavs everytime and won ROTY with +20ppg every season.
However, franchise mode is completely broken and it's at best a glorified season mode if you want to enjoy it. The season being divided into weeks and not knowing other playoff series results until they are over is dumb but it's not a big issue imho. Surely it breaks the immersion of a NBA season but compared to other issues it's minor. The big issues are that CPU AI never makes trades within themselves, so the only trades in the mode are the ones you make.
Then the bigger issues is shown during the offseason, your team can't go over the cap even to resign players that you should have bird rights for. So in the end of 2018 season, KD, LeBron, Cousins etc. are all free agents and you can't resign them on free agency because you are already over the cap (only have access to mid tier exception), even considering that you have their bird rights. So basically they made franchise work with a hard cap + MLE.
It's a shame because the gameplay this year has actually taken some very positive strides and their "MyPlayer" mode is actually good to play because you are not scrub unless you grind or pay real money to upgrade him. But they really dropped the ball with franchise mode.