Major League Baseball is reportedly on the verge of making drastic changes to its draft.
According to ESPN's Kiley McDaniel, the MLB and MLBPA have discussed changes to the 2020 first-year player draft, including moving it back to July.
The draft could also be shortened from its usual 40 rounds to somewhere between 5-to-10 rounds and players' signing bonuses could include up to 90% in deferred payments.
In this case, players would get 10% of the bonus upfront, 45% in July of 2021 and the last 45% percent in July of 2022. Un-drafted players would have a maximum signing bonus of $10,000.
Per ESPN's Jeff Passan, a deal between the MLB and MLBPA on these issues is close.
McDaniel included in his story that owners wondered if the 2020 draft should be canceled altogether. Handing out significant signing bonuses amid cash-flow questions was the league's primary concern in this case.
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Report: MLB has discussed shortening draft and moving it back to July originally appeared on NBC Sports Washington