The MLB draft will be held Monday to Wednesday, and what will follow both the first round and the whole process is the assigning of grades.
Forgive me if I do not take them all too seriously. Then again, I do not take much out of the same ritual with, say, the NFL draft. And that involves players who have all played in college, for multiple years, mostly against like competition on uniform fields.
For the MLB draft, there will be high school and college players selected. Those in college often will be playing against somewhat like competition, but with aluminum bats in use.