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Rule 4 SBP Forfeited Draft Picks
A Rule 4 SBP Forfeited draft pick that is forfeited because a club exceeded its Rule 4 Draft Signing Bonus Pool limit will be reassigned to another club by lottery to be held on the Wednesday following the MLB Rule 4 Draft signing deadline. All MLB clubs that have not exceeded its SBP limit as of that point in time are eligible to participate in this lottery.
As with Competitive Balance draft picks, Rule 4 SBP Forfeited draft picks can be traded, but only during a period of time beginning on December 2nd and extending up until two hours prior to the MLB First-Year Player Draft (MLB Rule 4 Draft), and the pick cannot be traded for cash unless it is a financial adjustment made to offset the salary of one or more of the players involved in the trade. Also, a Rule 4 forfeited draft pick can be traded only once (only by the club that was awarded the pick). Once traded, the pick cannot be "flipped" to a third club.
If a club that is awarded a Rule 4 SBP Forfeited Draft pick subsequently exceeds its SBP, the pick will be forfeited and another lottery will be held (date and time TBA by the MLB Commissioner) to allocate the pick to another club.
If a club trades a Rule 4 Forfeited Draft pick to another club, it cannot subsequently sign a player subject to the club's Rule 4 SBP if signing the player causes the club to exceed its SBP.
If a player selected with a Rule 4 Draft SBP forfeited draft pick does not sign, the club receives a compensation selection in the next Rule 4 Draft, one slot lower than the forfeited draft pick slot from the previous season. There is no further compensation if a player selected with a compensation Rule 4 Draft SBP forfeited draft pick does not sign.
Recent comments
JoePepitone (view)
Fighting Ham for Mother Nippon!
crunch (view)
reliever market is f'n crazy. guys that aren't "lights out" but still good are getting crazy loot. josh hader gonna get crazy paid if these early contracts are an indication of the market.
emilio pagan - 2/16m (8m average)
nick martinez - 2/26m (13m average)
reynaldo lopez - 3/30m (10m average)
it also makes me wonder how much j.assad is worth as a trade piece in this market...or how valuable he is to the team to save money. these swing guy types are going to start making good loot for relievers. in 2023 there were 5 pitchers in all of MLB that pitched 200+ IP...8 in 2022...4 in 2021. Pre-COVID you have to go back to the strike shortened 1994 to find less than 10 pitchers with sub-200 IP (Greg Maddux the only guy in 94).
crunch (view)
thomas hatch is going to fight ham in japan. he was on PIT's 40-man.
crunch (view)
morel played somewhere besides 3rd and SS...he got 8 innings in CF, 2 putouts and an assist.
crunch (view)
ryan flaherty new cubs bench coach.
crunch (view)
bellinger wins comeback player of the year. the AL winner was liam hendricks and his 5ip before he got tommy john...setting himself up for a 2025 shot at the award.
Bill (view)
I hope that Perlaza goes on to have a successful career. On most Cubs teams prior to the current administration, he would have been one of their more highly ranked prospects. As far as the others are concerned, one or more may well go on to be much better than expected, but unfortunately there is no way to tell which one at the present time. You can't keep everyone.
crunch (view)
s.gray signs with the cards...3/75m
Arizona Phil (view)
Another one of the nine Cubs post-2023 Rule 9 minor league 6YFA has signed, as RHP Carlos Guzman (acquired from the Tigers for Zack McKinstry at the end of Spring Training) signed a 2024 minor league contract with the Mets.
So RHRP Yovanny Cruz (SD), C-INF P. J. Higgins (CIN), and now Carlos Guzman (NYM) have already signed 2024 minor league contracts with new MLB organizations, and OF Yonathan Perlaza is headed for Korea (Hanhwa Eagles).
crunch (view)
...and back to 3rd for another game. at this point i'm gonna hang back and when/if he actually plays 1st then i'll find it notable. i am glad he's playing a good amount of 3rd, though...give the club one more good look at him there. shrug