In sports, a prospect is any player whose rights are owned by a professional team, but who has yet to play multiple games for the team. Prospects can sometimes be assigned to farm teams. They are usually first accquired in the Entry Draft.
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.