Technically, in our league, Players that are in the minors are ineligible to be on a roster.
So, until Lincecum is officially called up, he's ineligible.
Because we hold our draft in the preseason, some non-major league guys got drafted -- Phil Hughes this year, so it's really been a rule about waivers and FA's than drafted guys.
The thing is. if somebody grabs Lincecum, I doubt the people in this league would make too much of a stink about it.
Since he is going to be called up and he is scheduled to start, at what point would it be OK to sign him?