Details On Tomorrow’s Competitive Balance Lottery

Tomorrow at 1:30 PM EST, MLB will hold their first Competitive Balance Lottery, awarding draft picks to small market and low revenue teams. Jonathan Mayo has the details of the event. Here is a breakdown of what will take place.

**The draft will be held at 1:30 PM, although the results won’t be known until 2:45 PM on MLB Network.

**The teams involved will include the ten smallest-market teams, and the ten lowest-revenue teams. Some teams fall in to both categories, which means there won’t be 20 teams. The teams involved are the¬†Diamondbacks, Orioles, Indians, Royals, Athletics, Pirates, Padres, Rays, Reds, Rockies, Marlins, Brewers and Cardinals.

**The odds of winning a pick will be based on each team’s winning percentage the previous year.

**There will be six picks that will be awarded at the conclusion of the first round. Those picks will take place after the free agent compensation picks.

**Any team that didn’t receive a pick in the first lottery will be entered in a second lottery. The second lottery will award picks at the end of the second round. Along with the seven remaining teams from the first lottery, every remaining team that receives revenue sharing will be included in this second lottery. For this year’s draft, that only applies to the Detroit Tigers, which means eight teams will be competing for six picks after the second round.

**Lottery picks can be traded, although there are a few exclusions. Picks can only be traded once. They can also only be traded in-season. A team that gets a pick can deal it at the trade deadline, or at some point next season before the draft, but they can’t deal picks in the off-season, such as during the winter meetings. Picks also can’t be traded for cash.

Tim Williams

Author: Tim Williams

Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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  • http://www.facebook.com/backwardnikomahs Kirk Weaver

    So basically we have a chance to get 3 picks out of the first 60 or so and more if we were to receive any comp picks

    • john.alcorn

      It could be as good as 3 picks in the top 40-45 because there will be far fewer compensation picks this year. By the new rules to get a comp pick a team will have to offer a FA to be $12.5 million for 1 year.

  • http://twitter.com/mjdouble Marcus J

    I’m interested to see how valued these picks are as trade chips.

  • buccotime57

    SO one team will not get an extra pick..I hope it is not us

    • http://www.piratesprospects.com Tim Williams

      Two teams, actually.

      • buccotime57

        i forgot about the tigers coming in late ..how is stl in this? I find it hard to believe.