More details about draft changes resulting from baseball's new collective bargaining agreement continue to trickle out. Some highlights:
- The draft has been reduced from 50 to 40 rounds.
- The draft caps for all 30 teams for the first 10 rounds will total approximately $185 million in 2012, varying depending on the number of supplemental picks created by free-agent compensation and failure to sign 2011 draftees from the first three rounds. The competive-balance lottery selections don't come into play until 2013.
- Any attempt to circumvent the draft cap, such as an under-the-table agreement, is expressly prohibited.
- For more... http://ht.ly/7IDHn
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