First-Year Player Draft (MLB Rule 4 Draft) Negotiation List

Players selected in the MLB First-Year Player Draft (MLB Rule 4 Draft) are placed on a club's Negotiation List.

In most cases, a player selected by a club in the Rule 4 Draft will remain on the club's Negotiation List until either the player signs, or until 5:00 PM (EDT) on the Friday that falls during the week July 12-18 (whichever comes first), and if a club does not sign a Rule 4 Draft pick by the deadline, the player is removed from the club's Negotiation List and becomes eligible for selection again in the next Rule 4 Draft in which the player would be eligible for selection. The exception to this rule is any college senior with no baseball eligibility left. This class of player remains on the club's Negotiation List until the player signs or until one week prior to the next Rule 4 Draft (whichever comes first).

Also, any player eligible for selection in the Rule 4 Draft who is not drafted ("Non-Drafted Free-Agent" or "NDFA") can sign with any club after the conclusion of the draft any time up until one week prior to the next Rule 4 Draft, unless and until the NDFA enrolls in a junior college or four-year college, in which case MLB Rule 4 Draft eligibility rules apply.

A player selected in the MLB Rule 4 Draft or a Rule 4 eligible NDFA cannot be signed to a Major League contract.

A player selected in the MLB Rule 4 Draft or a Rule 4 eligible NDFA can be "Signed for Future Service" (contract is for the following season) if the player signs a contract after July 1st.

A club is not permitted to select a player in the Rule 4 Draft two years in a row, unless the player gives his approval in advance.

CUBS 2014 RULE 4 DRAFT NEGOTIATION LIST (updated 6-29-2014):
6. Dylan Cease, RHP (Milton HS - Milton, GA) - HS (NOTE: Vanderbilt recruit) 
23. Isiah Gilliam, 1B-OF (Parkview HS - Lilburn, GA) - HS (NOTE: DRAFT-ELIGIBLE HS JR)  
24. Daniel Spingola, OF (Georgia Tech) - JR
28. Jacob Niggemeyer, RHP (Olentangy Liberty HS - Powell, OH) - HS (NOTE: Ohio State recruit)
29. Gianni Zayas, RHP (Seminole State College) - JC2 (NOTE: Transferred to Seminole State from NC State)
30. Michael Cantu, C (Foy H. Moody HS - Corpus Christi, TX) - HS (NOTE: U. of Texas recruit) 
31. Brad Deppermann, RHP (East Lake HS - Tarpon Springs, FL) - HS (U. of North Florida recruit) 
33. Brad Bass, RHP (Lincoln-Way Central HS - New Lenox, IL) - HS (NOTE: Notre Dame recruit)
34. Steven Kane, RHP (Cypress CC) - JC3 (NOTE: Will transfer to U. of Tennessee if he does not sign)
35. Jordan Minch, LHP (Purdue)  - SOPH (DRAFT ELIGIBLE)
36. D. J. Peters, OF (Glendora HS - Glendora, CA) - HS (NOTE: Cal State - Fullerton recruit)
37. Riley Adams, C (Canyon Crest Academy - San Diego, CA) - HS (NOTE: U. of San Diego recruit)  
38. Daniel Wasinger, C (Eastlake HS - El Paso, TX) - HS
39. David Petrino, C (Central Arizona JC) - JC2 (NOTE: Will transfer to Oklahoma State if he does not sign)  
40. Diamond Johnson, OF (Hillsborough HS - Tampa, FL) - HS (NOTE: St. Petersburg College recruit)