Bob_Loblaw
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This is just it. They own the rights if they come to the USFL.I did a few minutes of googling so naturally I’m an expert on the subject now. It looks like players can still be drafted by an NFL team or go the UDFA route. USFL teams try to draft borderline players they think will stick with the USFL.
Something interesting I read about the USFL draft order:
So you don't just draft the best possible players because they will likely never play in the NFL. So you probably want to draft the best players who you don't thnk will make an NFL roster.