MLB News: What is the Rule 5 Draft?

The MLB Rule 5 Draft, not to be confused with the MLB Amateur Draft which took place in July, provides teams across the league the ability to select minor-league players to place on their roster for the following season.

This offseason’s draft comes at 11:00 a.m. PT on Wednesday.

To qualify for this season’s Rule 5 Draft, a player must have turned professional at 18 or younger in 2021 or 19 or older in 2022 and must also not be on a 40-man roster.

The team which drafts a player must pay their former team $100,000 and keep that player on their MLB roster throughout the entirety of the following season. The player must clear waivers and be offered to their original team for half of his Draft…