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Remember, the EDR is at 10 players for this draft. It does not expand to 15 players until the 2011 season. Also, this draft, is still considered to be a part of the 2010 season, so your books have not closed. You will need to clear the necessary cap space before a player is signed.
Base salaries ($500k) do not count toward the salary cap; only signing bonuses count towards the cap.
Are we still allowed to make drops during the draft, or do all transactions need to be made before it starts?If and only if the player fits on your EDR - if you chose to put some draft picks onto your 40-man roster (do not have room on your EDR), they are treated like any other prospect signed via FA.
Wouldn't it be fun if teams have options of trading up and nab Taillon?
Can we do this right now?