First Round

Compensation Picks

If a team that loses a qualifying free agent is a revenue-sharing recipient, and the lost player signs for at least $50 million, the team is awarded a compensatory pick between the first round and Competitive Balance Round A. If the player signs for less than $50 million, the compensation pick for the team comes after Competitive Balance Round B.

Qualifying offer compensation and penalties explained

Competitive Balance Round A

All teams that have either one of the 10 smallest markets or 10 smallest revenue pools receive an additional pick at the end of the first or second round. In 2017, six picks were assigned between the first and second rounds based on a formula that considers winning percentage and revenue. The remaining eight eligible teams received a supplemental selection between the second and third rounds. The groups of teams alternate between the two rounds each year.

Competitive Balance picks may be traded and are not subject to forfeiture.

Second Round

Competitive Balance Round B

Compensation picks

If a team that loses a qualifying free agent does not receive revenue sharing and did not exceed the luxury-tax salary threshold the previous season, it is awarded a compensatory pick after Competitive Balance Round B.

J.T. Realmuto, Phillies - Re-signed with Philadelphia. No compensation involved.

Third Round

Fourth Round

Compensation picks

If a team that loses a qualifying free agent does not receive revenue sharing and did exceed the luxury-tax salary threshold the previous season, it is awarded a compensatory pick after the fourth round. The Dodgers received a compensatory pick when Corey Seager signed with the Rangers but subsequently lost it as part of the penalty for signing Freddie Freeman.

Remaining rounds