Too clarify for Chuck and the rest of our esteemed group
In the example of Reyes from the 1st post on the thread:
Jose Reyes, NYM '07-'11, MIA '12, TOR '13-'14;
In the autodraft, only the NYM can draft him and they can only draft his '07-'11 card.
If the NYM do not draft him, or draft him and then cut him, he can be picked up from the waiver pool by MIA and TOR
ONLY.
MIA can only use his '12 card.
TOR can only use his '13-'14 cards.
Since the NYM did not get selected as one of the franchises, the AD preference would have gone to TOR.
Since none of the 3 teams were selected, Reyes will sit out this league.