Cubs International Signing Bonus Pool

Up until last year, MLB First-Year Player Draft (Rule 4 Draft) slots could not be traded.

A club could lose a draft slot for signing a Type "A" Article XX-B free-agent (and it still can, although now they are called "Qualified Players"), or could gain a pick or picks if the club offered salary arbitration to one of its own Type "A" or Type "B" Article XX-B MLB free-agents and then the player signed with another club (and it still can receive one "compensation pick" between the 1st and 2nd rounds for losing a player to free-agency, as long as the player spent the entire previous season with that club AND the club offers the Article XX-B free-agent a one-year contract with a salary at least as much as the average salary of the top 125 salaries in MLB the previous season AND then the player subsequently signs with another club prior to the Rule 4 Draft).

But Rule 4 Draft slots could not be traded under any circumstances.  

However, the MLB Rule 4 Draft Competitive Balance Lottery (CBL) was established per the 2012-16 CBA, and these draft slots CAN BE TRADED.

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