"All MiLB cuts must be made one week prior to the annual MiLB draft so that draft order can be finalized and unused picks removed from the draft. At this time, MiLB rosters will be frozen until the conclusion of the draft. If your MiLB roster is full at the time of the draft, you will not be allowed to draft prospects and all of your remaining picks will be discarded."
Everyone is being cut down to a max of 12 MiLB assets tonight - extra picks are evaporated. Teams can still trade after that.