MLB Rule 5: Selected Player & Draft-Excluded Player

MLB RULE 5 SELECTED PLAYER

A "Selected Player" is any player selected in the Major League Phase of the MLB Rule 5 Draft. 

MLB RULE 5 SELECTED PLAYERS ON CUBS MLB RESERVE LIST (updated 12-6-2023):
NONE AT THIS TIME

CUBS MINOR LEAGUERS SELECTED IN MAJOR LEAGUE PHASE OF 2022 RULE 5 DRAFT (updated 12-6-2023)
NONE  

1. A Selected Player must be placed on the drafting club's MLB Reserve List (40-man roster) immediately after selection and must be tendered a major league contract by 5 PM (Eastern) on the day of the draft. 

2. A Selected Player can be traded at any time, but the player cannot be Designated for Assignment, released, or sent to the minors any earlier than 20 days prior to MLB Opening Day, and then only if Outright Assignment Waivers have been secured and the player's former club declines to reclaim the player.

3. If a Selected Player spends at least 90 days on an MLB Active List during the MLB regular season following selection, the player ceases to be a "Selected Player" at the conclusion of the MLB regular season. If time spent on an MLB Active List is less than 90 days in the season following selection, the player remains a Rule 5 Selected Player into the next season, and the player continues to be a Selected Player until he has spent 90 days total on an MLB Active List.

4. If a club wishes to send a Selected Player to the minors, the player must be placed on Outright Assignment Waivers, where any of the other 29 MLB clubs can claim the player for the $50,000 Rule 5 waiver price (formerly $25,000), and if claimed off waivers, the player continues to have Rule 5 MLB Selected Player status.

5. If the Selected Player is not claimed off Outright Assignment Waivers, the player then must be offered back to the club from which he was drafted, and the player's former club can re-claim the player for $50,000 (formerly $25,000), with the player being automatically outrighted to the Reserve List of the minor league reserve list from which he was drafted. The club from which the player was drafted usually has 72 hours to decide whether to re-claim the player, but it has only 24 hours to decide if the player is eligible to be an Article XX-D or Article XIX-A minor league free-agent if outrighted to the minors (player has accrued at least three years of MLB Service Time, qualifies for salary arbitration as a "Super Two" player, and/or has been outrighted to the minors previously in his career).
NOTE: A Selected Player with Article XIX-A rights (player has accrued at least five years of MLB Service Time) cannot be re-claimed and outrighted back to the minor league club from which he was drafted unless the player consents in advance to the assignment.

6. If a Selected Player is returned (outrighted) to the minor league club from which he was drafted, and if the player has accrued at least three years of MLB Service Time, qualifies for salary arbitration as a "Super Two" player, and/or has been outrighted to the minors previously in his career, the player can elect to be an MLB Article XX-D minor league free-agent (or Article XIX-A minor league free-agent if the player has accrued at least five years of MLB Service Time) after being outrighted (he has three days to decide), or he can accept the Outright Assignment and defer the right to be a minor league free-agent until after the conclusion of the MLB regular season.   

7. If a Selected Player is returned (outrighted) to the minor league club from which he was drafted, the drafting club is responsible for any portion of the player's salary above what the player was actually paid the previous season.

8. If the club from which the Selected Player was drafted declines to re-claim the player, the player no longer has Rule 5 Selected Player status, the drafting club retains the player, and the player can be sent to the minors or released.

9. A player selected in the AAA Phase of the Rule 5 Draft must be immediately assigned to the reserve list of the AAA club that drafted the player and he must be given a 15-day trial during Spring Training with that club, but the player can be assigned to the active list of any minor league affiliate in the MLB club's organization once the minor league regular season commences. 
NOTE: Unlike players selected in the Major League Phase of the Rule 5 Draft, a player selected in the AAA Phase does not have to be offered back to the club from which he was drafted if the player is ultimately assigned to the active list of a minor league affiliate below AAA.

PLAYERS SELECTED BY CUBS IN AAA PHASE OF 2022 RULE 5 DRAFT (updated 12-6-2023):
Hayden Cantrelle, INF (selected by AAA Iowa from San Francisco Giants AA Richmond roster) 

CUBS MINOR LEAGUERS SELECTED IN AAA PHASE OF 2022 RULE 5 DRAFT (updated 12-6-2023):
1. Andy Weber, INF (selected by Arizona Diamondbacks AAA Reno affiliate from AA Tennessee roster)
2. Levi Jordan, INF (selected by Cincinnati Reds AAA Louisville affiliate from AA Tennessee roster) 
3. Adam Laskey, LHP (selected by Miami Marlins AAA Jacksonville affiliate from Hi-A South Bend roster)
4. Sheldon Reed, RHP (selected by Minnesota Twins St. Paul affiliate from Hi-A South Bend roster) 


MLB RULE 5: DRAFT - EXCLUDED PLAYER

A "Draft-Excluded Player" is any minor league player who has accrued less than three years of MLB Service Time and who is eligible for selection in the MLB Rule 5 Draft, whose contract is selected, and who is added to an MLB Reserve List (40-man roster) between August 15th and the Rule 5 Draft.

1. A Draft-Excluded Player can be non-tendered, released, or traded at any time, but he cannot be sent to the minors by Optional Assignment beginning with the conclusion of the MLB regular season up until 20 days prior to MLB Opening Day.

2. A Draft-Excluded Player can be sent outright to the minors only if Outright Assignment Waivers are requested no later than 2 PM (Eastern) on the 5th day following the final game of the World Series, and if a Draft-Excluded Player is not outrighted to the minors prior to the Rule 5 Draft, the player cannot be sent outright to the minors any earlier than 20 days prior to the start of the MLB regular season.

CUBS PLAYERS WITH RULE 5 DRAFT-EXCLUDED STATUS: (last updated 3-8-2024)
NONE AT THIS TIME