MLB TO SHORTEN DRAFT TO FIVE ROUNDS

 

Major League Baseball will cut its 2020 draft to five rounds, as owners looking to save costs in the wake of the coronavirus pandemic pushed for fewer rounds over the objection of front-office officials.

The plan, which has been relayed to scouting directors, will allow teams to sign an unlimited number of undrafted players for $20,000. The draft is expected to begin June 10.

The agreement allows teams to delay signing bonuses, with a maximum of $100,000 to be paid within 30 days of a player signing, 50% of the remainder due July 1, 2021, and the leftover due July 1, 2022.

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