This makes sense on the surface. But can you really come to terms when the offer is contingent on others? (People buy houses with contingencies, and those deals fall through all the time.) Can the team "reach an agreement" with a draftee saying "our offer is $x million, but we will reduce it by whatever percent is required if anyone else doesn't agree to terms?" And then if that draftee balks and changes his mind, everyone else's offer is reduced further. There's a degree of circularity and ripple effect that I would think a capable lawyer could ask for damages and receive. Further thought - if it's all not "inked", there is room for one of the draftees to change his mind and demand more, too, thus causing a last-minute ripple effect from the other direction. But verbal contracts can be enforced, in either direction, so I'm actually not sure what it means to delay signing. Here's hoping Jeremy has the answer already at hand. It can't be this difficult.