I had forgotten about this....scheduled for next Monday with the picks obtained for the June 2013 draft.
The new collective bargaining agreement calls for a competitive balance draft pick lottery beginning in 2013. 13 teams will be eligible for the first lottery based on their market size and revenue.
Teams eligible for ’13 Lottery
Kansas City Royals
San Diego Padres
Tampa Bay Rays
St. Louis Cardinals
This lottery gives each of these teams the chance to win one of six extra picks in the 2013 draft, which will take place after the compensation picks for free agents. How will teams actually win these picks and what pick exactly will they get? The odds of winning a pick will be based on each team’s winning percentage in the previous season.
There will also be another group of six picks after the draft’s second round and the teams in the mix for these will be the ones that did not win a pick in the first lottery, along with any other team that receives revenue sharing.
The most interesting aspect of all of this, in my opinion, is the fact that lottery picks can be traded, but only once by a team and only during the regular season. Let’s not forget to mention that these picks cannot be sold for cash either – sorry Yankees, sorry Red Sox.
A third lottery will be held for picks forfeited by teams that exceeded their bonus pools. Teams that did not exceed their pools will be eligible, with odds based on a formula of revenue and winning percentage.
Now let me remind you, the competitive balance lottery is new and while it may not be seen as an exciting event much like the NBA draft lottery is – let’s keep in mind that it still holds a great deal of importance as these extra picks will definitely be useful to the teams that seem to need the most assistance to improve.
The first lottery will not take place until July, after the 2012 Draft signing deadline has passed though. The 10 smallest-market teams and the 10 lowest-revenue teams will be placed in the lottery to have a chance to win one of those extra six picks in 2013.
When you take a good look at the way this lottery was designed, it certainly seems like it was designed with the idea of helping small-market and low-revenue clubs gain more talent because they had a bad season, or because they may lack the financial resources to compete with the larger market or higher revenue gaining teams.