Draft-Excluded Player

So with the Cubs selecting the contract of LHRP Danny Hultzen from AAA Iowa today, Hultzen becomes the Cubs first 2019 Draft-Excluded Player.  

In addition to being a Draft-Excluded Player (which limits what the Cubs can do with him in the off-season, especially after the conclusion of the Rule 5 Draft), Hultzen is also out of minor league options (so he can't be optioned to Iowa if he doesn't make the Cubs 2020 Opening Day 25-man roster), and he can elect free-agency if he is outrighted (because he has been outrighted previously in his career).

UPDATED 10/2 

Roster moves made by MLB clubs in August are sometimes made with an eye toward post-season roster eligibility and off-season roster flexibility. 

With that in mind, here are the 2018 MLB post-season roster eligibility and Draft-Excluded player rules: 

Roster moves made by MLB clubs in August are sometimes made with an eye toward post-season roster eligibility and off-season roster flexibility. 

With that in mind, here are the 2017 MLB post-season roster eligibility and Draft-Excluded player rules: