Competitive Balance Lottery Takes Place Today

Baseball’s first Competitive Balance Lottery takes place today, when small-market and low-revenue teams will have the chance to win extra selections in next year’s amateur draft. The ten smallest-market teams and ten lowest-revenue teams will have the chance to win extra selections in 2013, Jonathan Mayo of reports. 

There’s overlap between small-market teams and low-revenue teams, so there are 13 clubs involved in the first-round lottery: the Diamondbacks, Orioles, Indians, Royals, Athletics, Pirates, Padres, Rays, Reds, Rockies, Marlins, Brewers and Cardinals. The first six selections will be made between the first and second rounds of next year’s draft. A second group of six picks will be available to the teams from the first group that didn’t get an early pick, plus the Tigers. The second group of selections will be made after the second round of the draft. 

MLB teams can trade the draft picks they obtain in the Competitive Balance Lottery. The picks, which can only be traded once, cannot be sold or traded during the offseason. In theory, the draft picks could be involved in some of this summer’s deadline deals. 

The lottery takes place today at 12:30pm CDT/1:30pm EDT in New York and the winners will be announced 75 minutes later. A team’s chances of winning depend on its winning percentage from the previous season.