Draft Order Selection Rules. Last place team got the 1.03

I took over an orphan in a dynasty league last year and honestly the team is less than mid. It's a superflex and my QBs were Tua and Carr and that's it. I lost the consolation bracket, 12th in regular season standings, and last in playoffs. They renewed the league and my draft pick was the 1.03????? Has ANYBODY ever heard of anything like this response I got when I asked Comish I'm the chat??

1.01 goes to consolation bracket winner. Looks like 1.02 goes to winner of the last place matchup. 1.03 to the loser of said matchup, etc. looks like the only exception is Champ gets 1.12

Update: Outcome from this setup for those that like this, the 1.01 goes to a guy who barely missed the playoffs and would've competed in the main bracket.. if he drafts right he'll win next year for sure.