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Old 07-16-2008, 12:07 PM   #6 (permalink)
Snooch
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http://thestar.blogs.com/raptors/200...y-the-mai.html

Quote:
Q: Doug if a team picks a long-term 'prospect' in the first round that they wish to leave in Europe (or wherever) for a year or 3, do they still have to sign and pay them right away? If they don't have to sign them right away then once they do it is for 3 years with a team option? Thanks.


Mike K, London

A: No, they don’t have to sign them, or pay them at all. But they do remain a team’s property in perpetuity. And once they sign, it’s for the standard rookie-scale contract.
I know that its only from Doug Smith, but he's usually pretty acurate about these things.
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