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The 1993 expansion Colorado Rockies and Florida Marlins participated in the MLB Draft for the first time in 1992. [2]With the first overall selections of the previous two drafts, Chipper Jones and Brien Taylor, receiving signing bonuses of $1.2 million ($2,888,130 in current dollar terms) and $1.55 million ($3,578,292 in current dollar terms) respectively, salary demands of new players became ...
MLB player transactions are governed by The Official Professional Baseball Rules Book, [16] [a] within which, Rule 4 governs the "First-Year Player Draft". [16]: 47–62 Due to its place in the rules book, MLB's amateur draft is sometimes referred to as the "Rule 4 draft"; there is also a distinctly different Rule 5 draft.
On November 17, 1992, during the 1992–93 offseason, Major League Baseball (MLB) held an expansion draft in New York City to allow two expansion teams, the Florida Marlins and Colorado Rockies, to build their rosters prior to debuting in the National League's (NL) East and West divisions, respectively, in the 1993 MLB season.
The Rule 5 draft is named for its place in The Official Professional Baseball Rules Book. The Rule 4 draft—more widely known as the "first-year player draft", "amateur draft", or simply the "MLB draft"—is a distinctly different process by which teams select high school and college players, and takes place annually in July.
The Rule 4 Draft of eligible college and high school players consists of 20 rounds, most recently reduced from 40 after the 2019 edition. [8] Despite MLB's draft being considerably longer than that of the NFL or NBA, only about 9.1% of all NCAA senior baseball players are drafted by an MLB team. [9]
November 17 – Major League Baseball holds an expansion draft to stock the rosters of the National League's two new teams, the Florida Marlins and Colorado Rockies. A total of 72 players are chosen. A total of 72 players are chosen.
– The 1992 Major League Baseball expansion draft was an expansion draft held by Major League Baseball (MLB) in New York City during the 1992–93 offseason on November 17, 1992 to allow the Florida Marlins and Colorado Rockies to build their rosters prior to debuting in the National League (NL) East and the NL West divisions, respectively, in ...
The second draft took place in January for high school and college players who had graduated in December. The third draft took place in August and was for players who participated in American amateur summer leagues. [4] The August draft was eliminated after two years, and the January draft lasted until 1986. [5]