Twins awarded tradeable competitive balance draft pick for 2015
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MINNEAPOLIS -- The Twins have been awarded a competitive balance pick after the second round of the 2015 MLB first-year player draft.
There are two competitive balance rounds: A and B. "A" takes place after the first round of the draft, and "B" takes place after the second.
Teams eligible for the lottery are determined based on their market size and revenue pool. The 10 smallest markets or 10 smallest revenue pools are considered for the 12 total picks, six following each of the first two rounds.
These 12 picks are the only selections in the 40-round draft that can be traded.
Here is a note from Jim Callis of MLB.com on another reason why the picks are valuable:
The extra selections take on added importance under the revised Draft rules, which assign bonus pools for each club to cover the first 10 rounds and impose the loss of future draft picks if the allotments are exceeded by more than 5 percent. In 2013, the six lottery picks after the first round added an average of $1,484,500 to their teams' pools, while those after the second round augmented their clubs by an average of $790,350.
In short, the competitive balance picks give teams more money to play with when trying to sign their first 10 rounds worth of players. Combine that with the fact they can be traded and these draft picks provide a fair amount of value.
It was not a certainty the Twins would be awarded a pick today. The Pirates, Rays and Royals all were shut out.