Transactions
Major League Baseball has an intricate system for roster building and management.
Clubs have to follow rules to transfer players between the Majors and the Minors, from the active roster to the injured list and from one organization to another. Players' contracts are also subject to certain regulations, many of which depend on their professional or Major League experience.
In this section, you will find explanations of baseball's transactions, including the 10-day injured list, salary arbitration, the Rule 5 Draft and everything in between.
The following are all of the terms defined within this section:
Transactions
- 10-and-5 Rights
- 26-man Roster
- 27th Man
- 40-man Roster
- Club Option
- Competitive Balance Draft Picks
- Competitive Balance Tax
- Contract Renewal
- Contract Tendered
- Designate for Assignment (DFA)
- Free Agency
- Guaranteed Contract
- Incentive Clause
- International Amateur Free Agency & Bonus Pool Money
- International Free Agency -- Asia (Professional)
- International Free Agency -- Cuba (Professional)
- Japanese Posting System
- Korean Posting System
- Minor League Options
- Mutual Option
- Non-guaranteed Contract
- Non-roster Invite (NRI)
- Non-tendered
- No-trade Clause
- Outright Waivers
- Player Option
- Player to Be Named Later (PTBNL)
- Postseason Roster Rules & Eligibility
- Qualifying Offer
- Release Waivers
- Retention Bonus (Article XX(B) Free Agents)
- Rule 4 Draft
- Rule 5 Draft
- Salary Arbitration
- Service Time
- Split Contract
- Super Two
- Trade Deadline
- Trade Waivers & Aug. 31 'Deadline'
- Vesting Option