I generally understand the process for the teams’ draft order, but clueless about the players’ side. Like how are players selected for the drafting list, are professional players with expired contracts eligible for that list, can teams just sign contracts with players before or without going through the draft etc.?
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The key word you seem to be missing here is entry. They aren’t just drafts, they’re ENTRY drafts for players entering the leagues for the first time. Players can’t just sign contracts without going through the draft process.
If they go through the draft process and are not selected then they can sign whatever contract they want as undrafted free agents.
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