First Round
The Mets', Padres' and Yankees' first picks dropped 10 spots because they exceeded the second surcharge threshold of the competitive balance tax by more than $40 million.
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.
Received for Corbin Carroll winning Rookie of the Year.
Received for Gunnar Henderson winning Rookie of the Year.
Compensation picks
If a team that loses a qualifying free agent is a revenue-sharing recipient and the free agent signs for at least $50 million, the team will be awarded a pick between the first round and Competitive Balance Round A.
Compensation for Sonny Gray. The Cardinals forfeited their second-round pick for signing Gray.
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.
Acquired from the Orioles in the trade for Corbin Burnes.
Acquired from the Royals in the trade for Hunter Harvey.
Second Round
The Astros, Cardinals, Dodgers and Giants forfeited their second-round selections as a result of signing qualified free agents.
Competitive Balance Round B
Acquired from the Mariners in the trade for Gregory Santos.
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.
Compensation for Shohei Ohtani. The Dodgers forfeited their second- and fifth-round picks for signing Ohtani.
Third Round
The Giants 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.
Compensation for Josh Hader. The Astros forfeited their second-round pick for signing Hader.
Compensation for Blake Snell. The Giants forfeited their third-round pick for signing Snell.
Compensation for Matt Chapman. The Giants forfeited their second-round pick for signing Chapman.
Fifth Round
The Dodgers forfeited their fifth-round selection as a result of signing a qualified free agent.