Player to be named later
A "player to be named later" is a concept, most often associated with Major League Baseball and Minor League Baseball (MLB) trades, whereby the terms of a trade are not finalized until a later date, most often following the conclusion of the season.
Description
The player to be named later (PTBNL) is generally used to postpone a trade's final conditions or terms.
This is often done for several reasons. First, the team receiving the PTBNL might not be certain which position they want to fill, so this type of deal gives them more time to figure it out. Second, this type of arrangement gives the team receiving the PTBNL more time to evaluate the available talent on the other team. Also, when a trade takes place during August, a player must clear waivers before he can be traded; the PTBNL concept allows the player's original team to make an attempt to have him clear waivers then finalize the deal, or (if the player cannot clear waivers) wait until the end of the season to trade him.
To Be
I tied on my boots and strapped on my bracelet
to go out and meet some new faces.
Went to the store to buy some dark gin,
and now I know my night's ready to begin.
A dozen friends in my big 'ol car,
my '62 Buick can't take us too far.
Out for the night, it'll be so rude,
gotta hold us down before the night is through.
In Grand Rapids, there's nothing to do.
When you're down it's the same way too.
Gotta get up, do the best that you can.
To be a fool, is to be a man.
Well I went to the party with the big 'ol keg.
They said the way I drank, they thought I had a hollow leg.
Standing around, starting to groove,
with my beer in hand I think I'll plot my next move.
I spot a pretty girl giving me a wink
trying to catch my eye, or so I think.
Such a fool I am, should not have overlooked
that her eyes were only clouded by the smoke.
Well I went to Denny's to buy me some food,
said it's the only place that can put me in the mood.
I order my fries and always complain,
but the way they taste I think I'd rather eat them plain.
But I'm still with my friends, still having fun
talking shit while the night is still young.
But I bet they watch me drink as much as I'm able,
I know they'll laugh when they find me passed out on the table.