First Round

Prospect Promotion Incentive Picks

If a player who was rated as a preseason Top 100 prospect by MLB Pipeline, Baseball America, and/or ESPN (at least two of the three) and was on his team's Opening Day roster and goes on to win the Rookie of the Year Award or place in the top three in MVP or Cy Young voting prior to qualifying for arbitration, the club is awarded a Prospect Promotion Incentive pick after the first round.

Competitive Balance Round A

All teams that have either one of the 10 smallest markets or 10 smallest revenue pools receive an additional pick at the end of the first or second round. The groups of teams alternate between the two rounds each year.

Competitive Balance picks may be traded and are not subject to forfeiture. However, Competitive Balance picks acquired by another club in a trade are subject to forfeiture.

Second Round

The Angels, Blue Jays, Cardinals, Cubs, Padres, Phillies, Rangers and Yankees forfeited their second-round picks as a result of signing qualified free agents.

Competitive Balance Round B

Compensation picks

If a team that loses a qualifying free agent does not receive revenue sharing and did not exceed the luxury-tax salary threshold the previous season, it is awarded a compensatory pick after Competitive Balance Round B.

Third Round

The Rangers forfeited their third-round selection as a result of signing a qualified free agent.

Fourth Round

Compensation picks

If a team that loses a qualifying free agent does not receive revenue sharing and did exceed the luxury-tax salary threshold the previous season, it is awarded a compensatory pick after the fourth round.

Fifth Round

The Phillies, Padres and Yankees forfeited their fifth-round selections as a result of signing qualified free agents.

Remaining rounds