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Originally Posted by stemit14
That helps solve the problem with high draft picks but what about players like Adam Fox? He was a late draft pick (3rd/4th round I think) that developed into one of the best defensive prospects in the league before turning into one of the best defensemen in the league. This system would not account for that.
Honestly, I think the simplest solution would be to add a year before a player could reach free agency if they choose not to sign. If a player finishes college and refuses to sign with the team that drafted them, they would have to wait a whole year before they could sign with another team. I think that would be enough of a deterrent to keep most college players from walking to free agency and shunning the team that drafted them.
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if the compensation were more certain, Fox would have been drafted much higher
As for guys that have improved above their draft position, I would assume there would be multiple teams bidding, with the starting price being the original draft value, and going up from there.