Major League Baseball and Nippon Professional Baseball finalized the new posting system on Monday that clears the way for the Rakuten Golden Eagles to make Masahiro Tanaka available to Major League teams this winter.
According to a report from Japan on Monday, the Rakuten Golden Eagles decided to post Masahiro Tanaka. The report is unclear and it is hard to tell if Tanaka has officially been posted. Dylan Hernandez reported Rakuten decided to post Tanaka then retracted the report stating conflicting information as the reason.
The Cubs will be one of many teams to offer the $20 million posting fee for the rights to negotiate a contract with Tanaka. The Cubs are expected to make a big run at Tanaka and will have to offer him a larger contract than teams like the Yankees and Dodgers while selling him on being part of a team that is building for the future.
The agreement on the posting system between Major League Baseball and Nippon Professional Baseball is for three years beginning this winter.
MLB and NPB Posting Rules
– 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 than “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 1 and February 1.
– 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 contract.
– 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 November 1.
– 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 on hundred and eighty days prior to the anniversary of the commencement of the agreement.
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