I've talked a bit on here about the changes that have been discussed for the posting system for Japanese players. If you're unfamiliar with the system, it is the process that allows a player from a Japanese league, such as Nippon Professional Baseball, to sign with a Major League team.
The former agreement allowed teams to bid on the player. The highest bid, or posting fee, would win the rights to negotiate a contract with that player. For big name players like Yu Darvish and Daisuke Matsuzaka, the posting fee could reach $50 M. That amount would go to the Japanese team that was posting the player, but only if the MLB team signed the player. If the player wasn't signed, the team would get their posting money back. The end result is that these players can receive about $100 M, with half going to the Japanese team as a posting fee, and half going to the player under his contract.
The newly proposed deal was aimed at keeping more money inside Major League Baseball by lowering the po...
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.