It's a system called "posting" that they initiated after the Dodgers signed Hideo Nomo after his "retirement" from Japanese baseball, and it was done to prevent MLB from poaching all the young Japanese talent. MLB agreed to the provisions of the agreement because it keeps them from having to fight in court for the rights to Japanese players. The NHL doesn't have any such system, which is why they could end up in the courts over players like Malkin, and that could cost them a lot of money.
The bid money goes to the Japanese team that owns the player's rights, assuming that the bidding team is able to sign the player within 30 days. If they are unable to come to an agreement with the player, then the transfer fee is not paid. So, if the Sox were unable to sign Matsuzaka, they wouldn't be out $50 million.
To see a list of players who have been posted in the past, you can check out this link:
http://en.wikipedia.org/wiki/Posting_system
2006-11-30 05:05:10
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answer #1
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answered by Craig S 7
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Because they are bidding to the Players Home Team to release them if a contract is agreed upon. The Home Team owns the rights to the players. They are not free agents in Japan.
2006-11-30 04:13:33
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answer #2
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answered by Oz 7
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The players that are being posted are not free agents. They are under a contract to their Japanese team.
The posting fee is paid to the team so that they release the player from his contract and allow them to sign a new contract with a MLB team.
This was created when Hideo Nomo retired from baseball in Japan, after collecting his signing bonus for his Japanese team, and signing with the Dodgers in the MLB.
The American team does not pay the posting fee unless the player is signed. If the player is not signed, he returns to his Japanese team to play under his old contract, and no money changes hands between the MLB team and Japanese team.
2006-11-30 05:57:52
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answer #3
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answered by Anonymous
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This is not too different to Soccer. If Team 1 wants to get a player from Team 2. Team one has to make an offer to Team 2 just to get him to sign with Team 1. And this is not including the expense of his salary either
2006-11-30 04:18:07
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answer #4
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answered by Wibble 4
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The bid is to negotiate with the team that owns the players contract.
2006-11-30 04:13:15
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answer #5
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answered by garrett 6
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They are basically paying that players current team in Japan to release them from the contract they have with a Japanese team so they can sign a contract with thier team. Both the Boston Red Sox and the New York Yankees have to look outside thier organization to find quality players to fill the empty spots in thier rosters as both do not have strong minor league teams with tons of young talent.
2006-11-30 09:42:39
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answer #6
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answered by msi_cord 7
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IT'S BASICALLY DONE TO GIVE THE JAPANESE TEAMS A
FORM OF COMPENSATION WHEN THEIR PLAYERS WANT TO PLAY IN THE MAJORS.
2006-11-30 05:09:34
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answer #7
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answered by Anonymous
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It's just arrogance and because they can get away with it. Your choice as a fan to continue to buy tickets or send a message.
2006-11-30 05:17:06
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answer #8
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answered by Anonymous
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To buy them out of their contracts.
2006-11-30 04:14:42
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answer #9
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answered by Vin 3
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The jap teams own the players. It is ridiculous.
2006-11-30 04:13:15
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answer #10
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answered by Anonymous
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