NRL Wants Access To Players' Finances La Liga Opens Singapore Office Hamilton Wants More Women In F1 League Notes Fredericks Will Remain On IAAF Council Leaders: Citi, AT&T Execs Talk USOC F1 Launches New Fan Experience ECB Launches Grassroots Cricket Program ICC Releases U.S. Schedule Mexico's OEM Apologizes For Theft
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/December 6, 2013/Leagues and Governing Bodies
Major League Baseball, Nippon Professional Baseball Reach Posting System Agreement
Published December 6, 2013
Nippon Professional Baseball and Major League Baseball "have reached a basic agreement on a new posting system," according to KYODO. It "is thought that an agreement has been reached" after MLB requested a posting fee cap of $20M. The move "will be formalized once the two sides have ironed out the details." NPB Secretary General Atsushi Ihara said, "A draft is being prepared and hopefully both MLB and NPB can sign an official decision." The implementation of the new system "would pave the way for Tohoku Rakuten Eagles pitcher Masahiro Tanaka to sign with a major league team this winter" (KYODO, 12/5).