With the waiver draft taking place in just over a month, some revisions to the rules have been drafted to reflect the Fantrax switch and rule change decisions made to date. Take a look below. I'm not sure about the 48 hours free for all in the last paragraph since only players with MLB experience or on debut waivers can be selected outside of drafts and this 48 hours.
Rule 5 Draft (Waiver)
An annual Rule 5 (Waiver) Draft will be held in early March of each year. Prior to the draft, teams must be cut down according to the cut down rules, by the last day of February. The Rule 5 Draft will consist of 5 rounds (to fill the vacant roster spots 21-25 on each team).
Rule 5 Draft order will be determined by the standings of the previous season with a weighted lottery on the Top 5 picks (to help prevent intentional tanking).
- Weighted lottery (5,4,3,2,1) for bottom-5 finishers for the first five picks in the draft.
- the last 15 finishers draft in reverse order of regular season finish.
- lotteries are only for the first five picks of round 1. All picks in later rounds are reverse order of regular season finish.
Unowned players in the Fantrax database that have MLB experience, AAA experience, or are an MLB international signing, are eligible to be selected. International signings that were subject to international spending limitations and unowned prospects without AAA experience may not be selected in the Rule 5 Draft.
Only players that are in the Fantrax database prior to the beginning of the draft will be eligible. If a player is added to the database by Fantrax during the Rule 5 Draft, that player will be ineligible to be drafted and will be subject to waivers following the conclusion of the Rule 5 Draft, if eligible.
As the Rule 5 Draft is a manual process, each owner will have 12 hours to make their selection. After the 12 hour window, that owner may make their selection as soon as they are able, but the draft will carry on in their absence and subsequent owners may make their selections. During the Rule 5 Draft, owners are encouraged to keep close tabs on the progress of the draft in order to quickly make their selection when they are on the clock. Other owners are encouraged to email on-the-clock and on-deck owners so that the Rule 5 Draft may be completed in a timely fashion.
At the conclusion of the Rule 5 Draft, Waiver Priority will be reset to the inverse of the previous years’ standings and all undrafted players will be placed on waivers for 48 hours to start the season. During this 48 hours period, only players that have MLB experience, AAA experience, or are an MLB international signing may be selected off waivers. International signings that were subject to international spending limitations and unowned prospects without AAA experience may not be selected off waivers.