|MLB, Japanese baseball reach new posting deal|
|Written by Admin|
|Monday, 16 December 2013 12:48|
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.