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Is Blackwater not allowed to trade No.1 pick Ganuelas-Rosser?

Is Blackwater not allowed to trade No.1 pick Ganuelas-Rosser?
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The trade involving top overall pick Brandon Ganuelas-Rosser of Blackwater, Troy Rosario of TNT and Calvin Oftana of NLEX has been put on hold.

Those opposed to the trade are raising the point that there had been a gentleman's agreement among the PBA board of governors four years ago which prohibits trading the No.1 pick.

Blackwater agreed to trade its top overall pick Ganuelas-Rosser to TNT, who was later shipped to the Road Warriors for Oftana.

Also included in the trade package was Gab Banal of TNT, Paul Desiderio of Blackwater and Raul Soyud of NLEX.

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