First season I got a player in the draft who was decent, so I trained him. Within no time at all he bacame the center piece of my team making everything possible, and I bought in a couple players and trained him up with a few others and sold them. I also got an MVP player (who I should have sold as I failed his training slightly), but if you keep the training on the right track, you can sell him once his salary gets a bit too out of hand (and as an MVP he can become a GREAT player, much more than you could afford when he gets to his higher end)
So for now train him well, and use him in your team. He will get a high wage soon enough that may start to become out of hand, so when he does, it is a good idea to sell him and make the maximum profit, rather than keep him in your team for a few more seasons and sell him for nothing.
You can train up Allstars (Or maybe P. Allstars), for example, to be good enough for your team at its current stage, as you won't get even near to this guys cap before he becomes unmanageable. Although your team will progress as he does to, and be able to afford him more and more, he will still most likely out run your budget, and be too expensive to keep. But you will train the P. Allstar (and a draftee hopefully) alongside him, and you should keep him for your team, as he will be older and harder to sell, and sell the MVP on for lots of $$$

At the end of the day, do what you deem necessary and right. These are just ideas of what I would do in your position.
Hope this is useful!

galla
p.s. The 6'6 PG, you should sell him if you get him, as you are training C's. But if he has some OK inside skills, and alright JS, he can also be a PF, which you can train with your two C's and get this guy to be your PF

EDIT: Although if he did have ok inside skills and ok JS, then he would most likely already be listed as a PF so probably not really a good chance of that, but you never know.
Last edited by galla at 5/5/2012 8:05:32 PM