Jonathan Mayo of MLB.com wrote an interesting article explaining the “Competitive Balance Lottery” in the new CBA. In it one of the items he mentions is how teams that qualify for the Competitive Balance Lottery will be allowed to trade those draft picks.
According to Mayo the teams will be a crossover of the 10 smallest market teams and the 10 lowest revenue teams. The teams eligible for the 1st lottery are the Diamond backs, Orioles, Indians, Royals, A’s, Pirates, Padres, Rays, Reds, Rockies, Marlins, Brewers and Cardinals.
Regarding the trading of those picks Mayo explains the conditions and limitations as follows.
“Only a team that wins a pick in the lottery can trade it, meaning that selection can be traded just once. It can’t be sold for cash, and it may only be dealt during the season. Trading can commence the day after the lottery is held and is allowed until the end of that regular season. So seeing a lottery pick or two involved in some July 31 Trade Deadline deals is a distinct possibility. They cannot be included in any Winter Meetings deals, however, with trading of picks again permitted at the beginning of the following regular season. “
Mayo also goes on to explain that there will be a second lottery “for picks forfeited by teams going over their allotted bonus pools.” Teams that did not go over their allotted bonus pools will be in that lottery.