I have a quick question about the new August 15 draft pick signing deadline.  My understanding is that if a draft pick is unsigned after that date, the team that drafted him can no longer sign him.  If a player is a high schooler or underclassman, they would go back into the draft the following year.  If a player was a college senior, do they become a FA and can be bid upon by all teams?  If so, are there any 1st-2nd round (or other high profile) college seniors that are still unsigned?  Could they possibly intentionally not sign until after the deadline in hopes of becoming a free agent and allowing the bidding process to up their contracts?  Or am I just thinking too conspiratorially about this?