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- Major League Baseball (MLB) is the highest level of play in North American professional baseball, and is the organization that operates the National League and the American League. In 2000, the two leagues were officially disbanded as separate legal entities, and all of their rights and functions were consolidated in the commissioner's office. Since that time, MLB has operated as a single league, and constitutes one of the major professional sports leagues of the United States. It is composed of 30 teams. The First-Year Player Draft, also known as the Rule 4 Draft, is MLB primary mechanism for assigning amateur baseball players from high schools, colleges, and other amateur baseball clubs to its teams. The first draft took place in 1965; it was introduced to prevent richer teams from negotiating wealthier contracts with top-level prospects and therefore, monopolizing the player market. Originally, three drafts were held each year. The first draft took place in June and involved high-school graduates and college seniors who had just finished their seasons. The second draft took place in January for high school and college players who had graduated in December. The third draft took place in August and was for players who participated in American amateur summer leagues. The August draft was eliminated after two years, and the January draft lasted until 1986. The draft order is determined based on the previous season's standings, with the team possessing the worst record receiving the first pick. In addition, teams that lost free agents in the previous off-season may be awarded "compensatory" picks. (en)
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