Some Re-entry players are out of contract as well, not just the declined option players. They just don't meet the requirements to be a free agent (for example Pozuelo). If selected, teams can give them a "bona-fide offer" (whatever that qualifies as) and then they get their MLS rights and another team would have to acquire them from you. It's what we did a couple years ago with Juan Aguedelo when we picked him in round 2