'Ken Davidoff @KenDavidoff
To clarify on Japanese posting, the top bidding team wins exclusive negotiating rights, but has to pay only the average of the top 2 bids.
Ken Davidoff @KenDavidoff8m
So it's a good deal for #MLB. They protect themselves against one team going rogue & bidding an insane number.
Ken Davidoff @KenDavidoff15m
Sounds like the plan for Japanese posting is that the final bid will be the average of the top two bids. Announcement likely very soon.
Dosen't this encourage larger bids now that teams know they wont have to pay the full $$$ if they win?