NEW YORK (AP) - Major League Baseball and Nippon Professional Baseball have finalized a new posting system that caps the fee for players at $20 million, a deal that may lead to star pitcher Masahiro Tanaka going on the market.
Under the rules of the three-year agreement announced Monday, a Japanese club may make players available between Nov. 1 and Feb. 1 and may set a price of up to $20 million.
Starting with the day after a player is posted and continuing for 30 days, any big league team willing to pay the fee may attempt to sign the player. A major league team pays the posting fee only if it signs the player, and the fee is then payable in installments, with the timing dependent on the amount.
A player who is not signed may not be posted again until the following Nov. 1.
Advertisement

Top MLB Public Bets

MLB Top Stories

Thumbnail Angels vs. Royals Prediction After being swept by the Astros over the weekend, are the Angels a poor bet to beat the Royals tonight at 8:15PM ET?
Thumbnail Phillies vs. Marlins Picks With the total sitting at 8.5 runs, will the Phillies and Marlins play under the total tonight or go over in their 7:10PM ET matchup?
Thumbnail Cardinals look to top Mets in NY Can the New York Mets keep the St. Louis Cardinals from picking up a big road win when they meet tonight at 7:10PM...
Thumbnail Padres vs. Blue Jays Pick Can the Toronto Blue Jays hold the San Diego Padres down when they make a trip to Canada tonight at 7:07PM ET?
Thumbnail Rockies vs. Orioles Prediction The Baltimore Orioles and the Colorado Rockies meet up tonight for the first time in three years when they...
More inMLB Articles  
Advertisement

MLB Team Pages