We've seen it in other sports, it just depends on whether a player wants to avoid a certain team/ownership.
The mid-80s NFL Drafts came up recently in discussion with my buddies. John Elway and his dad had no trust in the Baltimore Colts' ownership. He took some heat for refusing to sign with them. But a year later, the Colts moved to Indianapolis and over time people understood the Elways' position. The 1985 Draft was interesting in that Bernie Kosar manipulated things so he could play for his de facto hometown team; Minnesota actually traded up to draft Kosar only to find out he was going to wait until the supplemental draft.
It'd be a little harder to see nowadays. Most high end prospects will want to get their ELC clocks going and can become UFA as early as when they're 25 years old.
Back in the Lindros days, unrestricted free agency didn't exist yet. A player could sign a Group III offer sheet at age 30/31 and that process was a bit messy. Similarly a player could have signed a Group I offer sheet (Brendan Shanahan/Petr Nedved) a few years into their career, but similarly the compensation process was ugly. So it was a bit of a different time where an 18 year old prospect could be stuck on a team without a ton of leverage.
Plus back then there wasn't a rookie salary cap. Nowadays, ELCs are pretty rigid so there's not a ton of negotiating.