The Major League Baseball amateur draft began in 1965 as a mechanism to prevent big money teams from signing top-level prospects creating competitive disparity and monopolies.
The draft can last up to 40 rounds, but in this year of new coronavirus precautions, it has been trimmed to five.
More: Mock drafts predict Cincinnati Reds will take an outfielder with No. 12 pick in MLB Draft
Rick Monday of the then-Kansas City Athletics was the first player drafted 55 years ago. For perspective, the Reds selected Bernie Carbo in the first round, passing up on a young catcher from Binger, Oklahoma, named Johnny Bench.