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The 2019 MLB Draft will be held on June 3-5 and can be viewed on MLB Network and MLB.com.

First Round

Compensation Picks

If a team that loses a qualifying free agent is a revenue-sharing recipient, then the team -- if and only if the lost player signs for at least $50 million -- 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.

Here are the six free agents who declined a qualifying offer, and what Draft compensation their 2018 teams stand to receive if the players sign elsewhere.

Astros -- Dallas Keuchel: Pick after Competitive Balance Round B
D-backs -- Patrick Corbin and A.J. Pollock:
A) If either player signs for at least $50 million: Pick between 1st round and Competitive Balance Round A
B) If either player signs for less than $50 million: Pick after Competitive Balance Round B
Dodgers -- Yasmani Grandal: Pick after Competitive Balance Round B
Nationals -- Bryce Harper: Pick after Round 4
Red Sox -- Craig Kimbrel: Pick after Round 4

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. In 2018, there were eight Comp Round A picks and six in Round B. In 2019, there will be six Comp Round A picks and eight in Round B.

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.

Third Round

Fourth Round

Compensation Picks

If a team that loses a qualifying free agent went over the luxury-tax threshold the previous season, it is awarded a compensatory pick after Round 4.

Rounds 5-40