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MLB Rule 5 Draft 2016 Results: Team-by-Team Breakdown

The final day of the winter meetings Thursday means it's time for all 30 teams to partake in the annual Major League Baseball Rule 5 draft, though clubs are under no obligation to make a selection.

For those new to the process or just in need of a reminder, per MLB.com, the Rule 5 draft involves players not currently on a 40-man roster who have been in professional baseball for at least five years, if they signed at 18 years old, and four years, if they signed at 19 years old.

Like the amateur draft in June, the selection order is determined by the reverse order of records from the previous season.