Under this system

taixyz1992 Tue Mar 01, 2011 2:10 pm

Under this system, when an NPB player is "posted", MLB holds a four-day-long silent auction during which MLB teams can submit sealed bids in an attempt to win the exclusive rights to negotiate with the player for a period of 30 days. If the MLB team with the winning bid and the NPB player agree on contract terms before the 30-day period has expired, the NPB team receives the bid amount as a transfer fee, and the player is free to play in MLB. If the MLB team cannot come to a contract agreement with the posted player, then no fee is paid, and the player's rights revert to his NPB team.

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