MLB's 2015-16 international signing period kicked off Thursday, which may mean a lot or a little to you, depending on how much you pay attention to this stuff.
Essentially, beginning July 2, teams can sign international free agents who weren't available in the recent amateur draft.
Each club is awarded a bonus pool allotment, which is based on its record the previous season. Exceed your bonus pool and you'll incur a penalty, including the inability to sign an international player for more than $300,000 for up to two years.
Got all that?
Don't worry; you don't have to.