Associated Press
New York — Details of the memorandum of understanding agreed to Thursday by Major League Baseball and the Major League Baseball Players Association, as obtained by The Associated Press.
FREE AGENCY
No change
FREE AGENT DRAFT PICK COMPENSATION
MLB and MLBPA agree to eliminate direct amateur draft-pick compensation, which had existed since 1976 and been in place for qualified free agents since 2012, pending an agreement on an international amateur draft.
A team losing a free agent would receive draft-pick compensation based on revenue-sharing status and whether a club had been over the luxury tax threshold.