Rays don't net Competitive Balance Lottery pick

Rays don't net Competitive Balance Lottery pick

Rays don't net Competitive Balance Lottery pick
ST. PETERSBURG -- The Rays came up empty in the first Competitive Balance Lottery for extra picks in the 2013 Draft.

The Competitive Balance Lottery, which was agreed upon as a part of the 2012-2016 Basic Agreement between Major League Baseball and the MLB Players Association, gives clubs with the lowest revenues and in the smallest markets the opportunity to obtain additional Draft picks through a lottery.

Participants in the lottery pool included the 10 lowest-revenue teams and the 10 smallest-market teams. Since there were overlaps from the two categories, there were just 13 teams total in the lottery when potentially there could have been 20.

First up was the lottery for six selections to be made immediately following the first round of the 2013 First-Year Player Draft. The eligible clubs that did not receive one of the six selections after the first round, and all other payee clubs under the Revenue Sharing Plan, were entered into a second lottery for the six picks immediately following the second round of the Draft. A club's odds of winning the lottery were based on its prior season's winning percentage.

The Rays and Cardinals were the only teams that did not receive any of the picks.