40. What if the team and player can't agree to a contract? What options does the player have? How long does the team keep his draft rights?
The player's options are limited. What happens depends on a number of factors:
If the player is already under contract, or signs a contract with a non-NBA team, the team retains the player's draft rights for one year after the player's obligation to the non-NBA team ends. Essentially, the clock stops as long as the player plays pro ball outside the NBA. Players are not included in the team's team salary while the player is under contract with a non-NBA team.
If the player was still eligible to play in college before he was drafted, the team retains the player's draft rights until the draft the player would have entered had he not left college early. For example, if a team drafts a college sop re in 2001, they retain his draft rights until the date of the 2003 draft. Note that the current NCAA rules state that players lose their NCAA eligibility if they are drafted, so the player could not return or go on to play college ball.
For all other players, the team retains the player's draft rights until the date of the next draft.
In any of the above cases, if the team does not sign the player in the allotted time, the player can enter the next draft. If the team that selects the player in the next draft doesn't sign him either, he beomes a rookie free agent.
When a team signs a first round draft pick in a year other than the year in which he was drafted, the player is signed using the salary scale for the year in which he is signed, not the year he was drafted.