The MLB wants to change some modifications of the international prospect signing day, better known as JULY 2.
Major League Baseball (MLB), wants to make some changes to the famous day “July 2” where they sign many young players from Latin America.
What are those modifications?
- A 20-round Draft with more than 600 picks (regular picks, plus competitive balance picks), which would be guaranteed, because clubs couldn’t opt out of a pick.
• Each position in the Draft would carry a guaranteed amount as a signing bonus (the first pick would be worth $5.25 million). This would secure more money, collectively, for the 600 draft picks compared to what was spent on the 1,000-plus international players in the last full international signing period before the COVID-19 pandemic.
• Additionally, there would be no limit on the number of players who could sign if they were not selected in the Draft. That way, the draft shouldn’t affect the number of players signed—and those who didn’t get drafted could sign for more money than they get under the current system.
• At the end of the day, between those who would be selected and those who would sign after not being selected, an increase of between US$13 million and US$15 million in money spent on international players would be expected under this new system.
• The signing age—and the countries from which international players could sign—would remain the same.
• All players would be subject to mandatory drug testing.
• Each club would be randomly assigned to a group of six teams and those six teams would rotate in draft order over a five-year period. So the Draft would not be tied to the club record. Instead, the teams would have equal access to international talent during the Collective Agreement.
• Draft selections could be traded between clubs.
• There would be a deadline to sign three weeks after the Draft.
• In an effort to grow the game, clubs would receive additional draft picks for drafting and signing players from non-traditional baseball countries.
• MLB proposed this system after extensive discussions with clubs, coaches, former players and government officials.
With information from MLB and Anthony Castro.
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Modifications that the MLB wants to make with international firms