http://espn.go.com/blog/nflnation/post/_/id/76719/did-eagles-break-an-oft-broken-draft-rule Shepard said that he took himself off the draft board because the Eagles and him already agreed to a contract
Doesn't work like afaik, once declared for the draft the prospect is "in" the draft. If a team had drafted him, they'd own his rights for a year. Then again, have never really heard of that before, could be a case of a player's ego
Much ado about nothing. All it means is they reached a verbal agreement IF no team drafted him in the final round and a half or whatever was left.