MManal, I think you're right. First round picks will be restricted. However, I think there is a strategy to get around it: Odom can make a wink-wink deal with the team he wants to play for. They'll sign an offer sheet for only one season. The Clippers can match the offer and keep him, but the following year he'll be unrestricted and go to the team he tried to sign with the year before (who will be holding open their salary cap).
Also, Odom could tell the Clippers he'll sign a one year deal so that he can get out of his restriction unless they sign-and-trade him first. The Clippers may well prefer to have him the extra year and then continue to suck, but Odom won't be a Clipper his whole career.
Aelliott, according to FAQ #33 (last paragraph), first round picks who have had their team-option fourth year become restricted FAs, while those who are not optioned are unrestricted.
[This message has been edited by JuanValdez (edited May 18, 2000).]