In sports, a prospect is any player whose rights are owned by a professional team, but who has yet to play a game for the team. Prospects can sometimes be assigned to farm teams.

Major-league professional sports teams also trade prospects, by themselves or with current major-leaguers, in order to acquire another prospect or an established major league player. Teams that trade away several of their star players for other teams' prospects are sometimes said to be having a fire sale.

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