To-be-named-later Definition

phrase

Used other than as an idiom. In an exchange, a unspecified example of a thing (in sports, usually a player), either not yet chosen or named publicly, at the time of a trade.

Wiktionary

Something of very uncertain value.

Wiktionary

Something of very low value.

Wiktionary

Origin of To-be-named-later

From the common use of the expression in U.S. newspaper reports of trades of professional sports players between teams, especially in baseball.

From Wiktionary