A new topic to track the effects on the new CBA...
What I've read, mostly from MLBTradeRumors.com
Amateur Draft Spending Limitations:
The sides added heavy restrictions on draft spending. Each club has a spending limit for the amateur draft that varies depending on when the club is scheduled to make its first ten selections. Bonuses after the tenth round don't count, as long as they're under $100K. Teams will face limits in the $4.5-11.5MM range.
Teams that spend more than 5% over-slot on the draft will face a 75% tax. Teams that go over slot by 5-10% face a 75% tax and the loss of a first rounder. Teams that go over slot by 10-15% face a 100% tax and the loss of a first and second rounder. Teams that exceed slot by 15% or more face a 100% tax and the loss of first rounders in the next two drafts. This set of rules will also reduce draft spending significantly, a bonus for owners.
There will be no more MLB deals for draft picks.
The draft signing deadline moves to the July 12-18 range from August 15th (the precise date will depend on the date of the All-Star Game).
Proceeds from the tax will go to clubs that did not over-spend via revenue sharing. Forfeited picks go to clubs "through a lottery in which a club’s odds of winning will be based on its prior season’s winning percentage and its prior season’s revenue," according to the CBA.
Competitive Balance Lottery
Low-revenue teams obtain additional draft picks via lottery. The ten clubs with the lowest revenues and the ten clubs in the smallest revenues are eligible to win one of six draft choice that will be added after the first round. Teams’ chances of winning the lottery will depend on their winning percentage in the previous season.
The teams that don’t win additional picks and all other teams that qualify under the revenue sharing plan will be eligible for a second lottery for six more picks after the second round. Again, teams’ chances of winning the lottery will depend on their winning percentage in the previous season.
“Picks awarded in the competitive balance lottery may be assigned by a club, subject to certain restrictions,” the CBA explains. Teams can trade these draft choices.
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