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YOUTH (UNDER-23) KEEPER:
This season every team will have one player they can keep for the following season.
The chosen player must be 23 years old or younger by the start of the NBA regular season (normally October 31st), and can either be drafted or added from FAs.
To be able to select the under-23 keeper player, he must still be owned by yourself once the season is over.
The following season, all the selected players will NOT form part of the draft, they will simply be assigned to the selected team.
Every team will pick an eligible keeper. If that wasn't the case then the best eligible player (based on Yahoo ranks) would be chosen post draft for the team(s) that "forgets" to make their choice, using reverse draft order.
e.g. So long Nerlens Noel (21) is owned by a manager by the end of that season, he will be eligible to be their keeper player. The same process would be repeated before he turns 24.