I've done 4 35mm feature films on FCP and each time I turned over reels to sound, we stayed 23.98. Why go 29.97?
Tell your sound editors to set their pro tools session for 23.98 frame rate, 24 fps time code. Give them a 23.98 QT file with a 24 t/c burn. Mix to 23.98.
23.98 runs at the same pull down speed as 29.97 - the difference is with 23.98 you see the exact film frames and with 29.97 you have mixed video frames.
But if this superior workflow wigs everyone out then do this:
1] Make a 29.97 sequence
2] Copy and paste the 23.98 sequence into the 29.97 timeline (you can't drag and drop - you get and error message about different time bases - so copy and paste)
3] Nest the 29.97 sequence
4] Drop a time code reader filter on the nest and set for 29.97
5] Export
This will produce a 29.97 sequence with 29.97 time code. The sequence will play back as AA BB CC DD DD - every 4th frame is repeated twice. If you want the correct 3:2 cadence use Nattress Standards Converter for a proper AA BB BC CD DD 3:2.
But like I said, working 23.98 is vastly superior and your sound editors will love it if they give it a try. Working 29.97 is old - you had to work that way when we were cutting 29.97 and laying off to NTSC tape and redigitizing into Pro Tools.
Why replicate that inferior workflow? These digital machines work at 23.98 - stay at that rate.
Show this post to your sound editors. If they have questions, they can contact me. This process works flawlessly.