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.

Top MLB Public Bets

MLB Top Stories

Thumbnail Cards, Cubs ready for last regular-season bout   In arguably their most important contest of the season, it’s only fitting that the Cardinals turn to the man who’s fast becoming the team’s new ace.
Thumbnail Padres attempt to upset Giants again Ty Blach had a banner season with Class AAA Sacramento. His reward: replacing, if only temporarily 17-game winner Johnny Cueto in the...
Thumbnail Odorizzi tries to prevent sweep vs. BoSox While David Ortiz is sure to receive a warm reception from South Florida fans today, the Rays aren’t interested in feting Boston’s retiring slugger....
Thumbnail Blue Jays continue to silence Yanks' bats The Yankees have failed to score in their past three contests. Is there any hope for an offensive breakthrough in this afternoon’s tilt vs. the Blue Jays?
Thumbnail Bumgarner looks to get Giants back on track The Giants have dropped seven of their past eight contests against San Diego. With Madison Bumgarner on the bump tonight, will the visitors’ fortunes...
More inMLB Articles  
Advertisement

MLB Team Pages

Advertisement