New rules established for signing Japanese league players
Players from the Japanese baseball league who want to play Major League Baseball will have greater choice in selecting the Major League Baseball team they play for based on the new protocols established.
Major League Baseball (MLB) announced Monday that it agreed to terms with Nippon Professional Baseball (NPB) on revised protocols for the posting system shared by the leagues.
In the past, there was no limit on the release fee MLB teams could pay to negotiate with a player who was playing in the NPB. Interested MLB teams simply submitted blind bids, and the highest bid then had exclusive negotiating rights for that player.
The Texas Rangers' $51.7 million bid to negotiate with Yu Davish is the record.
With the new agreement, however, NPB teams will set a release fee of no more than $20 million for a player.
Then, for a period of 30 days, any MLB team willing to pay the release fee can negotiate with the posted player.
If a posted NPB player fails to reach an agreement with any MLB, the release fee is not owed, the NPB player remains under reserve to his NPB club, and the player may not be posted again until the following November 1.
Other aspects of the new agreement include the following:
--All NPB players must be made between November 1 and February 1.
--If a Major League Club is able to reach an agreement on a contract with the posted NPB player, the Major League team must pay the NPB Club the designated release fee. The fee will be made in installments.
--The term of the new posting agreement is three years.