Global Markets
MLB Owners Push for Draft Overhaul with 12 Rounds and International Draft
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MLB owners are spearheading a transformative overhaul of the amateur draft, aiming to reduce it from 20 to 12 rounds, impose a minimum age requirement of 20 for players, and introduce an international draft. This restructuring seeks to reshape the league's financial framework while accelerating player development. By slashing the draft pool, the league aims for more efficient budget utilization. The international draft will bolster MLB's global scouting efforts. These reforms represent critical steps toward ensuring the league's long-term sustainability.