New York, NY (SportsNetwork.com) - Major League Baseball announced Monday that
it has agreed to terms with Japan's Nippon Professional Baseball on revised
protocols for the posting system shared by the leagues.
The following points comprise the protocols of the new system:
- If an NPB Club wishes to make one of its players available to Major League
Clubs, the NPB shall notify the Office of the Commissioner of the NPB
player's potential availability and the "release fee" that a Major League
Club must pay to the NPB Club in order to secure the NPB player's release.
The NPB Club may not set the release fee at an amount higher than $20 million
and the fee cannot be changed once it has been set by the NPB Club.
- The Office of the Commissioner shall then "post" the NPB player's
availability by notifying all Major League Clubs of the NPB player's
availability and the release fee sought by the NPB Club.
- All "postings" of NPB players must be made between November 1st and
- Beginning the day after the player is posted, and concluding 30 days later,
any Major League club willing to pay the release fee set by the NPB Club may
then negotiate with the player in an attempt to reach an agreement on a
- If a Major League Club is able to reach an agreement on a contract with the
posted NPB player, the Major League Club must pay the NPB Club the designated
release fee, which will occur in installments, the timing of which depends on
the size of the release fee.
- If the posted NPB player fails to reach an agreement with a Major League
Club, the release fee is not owed, the NPB player remains under reserve to
his NPB Club, and the player may not be posted again until the following
- The term of the new posting agreement is three years, continuing from year-
to-year thereafter until either the Office of the Commissioner or the NPB
gives notice of its intent to terminate the agreement one hundred and eighty
days prior to the anniversary of the commencement of the agreement.
MLB Chief Operating Officer Rob Manfred said: "We are pleased to have amicably
reached an agreement that addresses various issues raised by all parties.
Major League Baseball values its longstanding professional relationship with
Nippon Professional Baseball, and we look forward to continuing the growth of
the great game we share in the years to come."
The Sports Network