Interesting draft concept:
If you wanted to extend Gladwell's idea even further, why not eliminate the draft altogether in 2012 in the event of a lost season? Declare every eligible incoming player a free agent and allow the market (and the restraints of the salary cap) to dictate where they land.
We often assume that small-market teams would get the shaft, but are we absolutely certain that Harrison Barnes would agree to take a minimum salary (for the sake of this exercise, let's say there's a "rookie minimum exception" of $2 million for teams with zero cap room) from the Lakers when Sacramento could back up the truck for his services and guarantee him the starting small forward position for years to come? Would a Jared Sullinger or Anthony Davis be willing to play out of position as a fourth option in Miami for millions less than he could earn in Indiana?
We don't know, but for a league that's grappling for a new financial model and examining issues like revenue sharing and competitive balance, it would be useful to find out.
In a draft-less world, rookies would be paid at market value and teams that have been frugal would have an advantage over those who have spent lavishly. Most incoming players would have to balance factors like dollars, touches and the allure of a marquee market. Which is more important: winning immediately or raking in an eight-figure contract before ever stepping foot on an NBA court? Better to play next to a top-five superstar or improve your chances that you can post a 20-point average as a rookie?
In other words, the best basketball talent coming out of Carolina and Kentucky would enter the workforce much like the best engineering talent coming out of MIT and Cal Tech. The rookies would get to choose where and for whom they want to work and for how much.
Entire article:
http://espn.go.com/blog/truehoop/post/_/id/31517/what-a-canceled-season-could-mean-for-the-draft