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Mexican League Newsbeat

Tuesday, March 05, 2019

MLB, MLBPA enters into player transfer agreement with Mexican Baseball League

Major League Baseball announced today that it, the MLBPA and the 30 teams have ratified a two-year player transfer agreement with the Liga Mexicana de Beisbol (LMB). It’s similar to the agreements MLB has recently entered with professional leagues in Japan, Korea, Taiwan, and FCB Cuba.

Under the new agreement all Mexican League players who are under contract will become eligible to sign with any Major League club the off-season after the player qualifies as a “Foreign Professional” under MLB’s collective bargaining agreement (i.e., when the player is at least 25 years old and has six or more years of professional baseball experience abroad). Mexican League players who are released before that time can sign in the U.S. as well. Major League teams that sign a player from a Mexican club will owe that club a one-time release fee of 15% of the total guaranteed value of the MLB contract or 35% of the signing bonus if it’s a minor league deal.

RoyalsRetro (AG#1F) Posted: March 05, 2019 at 07:56 PM | 0 comment(s)
  Beats: mexican league

 

 

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