While written in the football context, this is a pretty good article on the one sided nature of the NLI. So many families spend so much money over many years to see their son sign one of these each November, for baseball. Even before this is signed, so many families see their son give up all his leverage at earlier and earlier dates, when the "verbal" is proudly announced. In the baseball context, the one thing the NLI certainly does do is provide draft negotiating leverage to those very top talents who may or do get drafted, such as will occur this week for a few.
Hopefully many others who have been there and those hoping to get there will provide their views.
For those on the way up, I think this is a thought provoking article.
http://sportsillustrated.cnn.c...t11_a6&eref=sihp