The rules of the new MLB Collective Bargaining Agreement added a Competitive Balance Lottery to the annual draft process. Earlier today 14 “small market” and “low revenue” teams had a chance to win an additional draft pick in the 2013 draft. In short, 6 teams are awarded an extra draft pick between rounds 1 and 2 and another 6 teams get an additional draft pick between rounds 2 and 3. The details from Jonathan Mayo at MLB.com:

The 10 smallest-market teams and 10 lowest-revenue teams will have the chance to win one of six extra selections in the 2013 First-Year Player Draft.

Those half-dozen picks will be made at the conclusion of the first round, following the compensation selections. Because there is obvious crossover between those two groups, there are 13 teams entered into the first-round lottery: the D-backs, Orioles, Indians, Royals, A’s, Pirates, Padres, Rays, Reds, Rockies, Marlins, Brewers and Cardinals. The odds of winning a Draft pick will be based on each team’s winning percentage in the previous season.

There will be a second group of six picks, to be made after the conclusion of the second round. The teams from the first group that did not get one of the early picks will be re-entered, along with any other Major League team that receives revenue sharing. This year, only one team — the Tigers — will be added to the second lottery.

From MLBtraderumors.com, the Reds gained one of the additional picks between the first and second round.

An interesting twist on this lottery pick is that this pick can be traded. Starting tomorrow, these lottery draft picks are eligible to be traded once during the regular season. What market value will these draft picks have? Will teams in the playoff hunt like Pittsburgh and Cincinnati trade them or hold onto them? It certainly gives Walt Jocketty another potential trade chip to use in a season where there are not a lot of highly regarded prospects at the AAA level.

Speaking of Pittsburgh, they currently have three first round draft picks next year. Their regular first round pick, a compensatory pick for their inability to sign their 2012 first rounder, and this lottery pick.

See the full list of picks below. The Cardinals and Rays were the two teams in the lottery that did not get win an additional 2013 draft pick.

Selections Between First & Second Rounds (Round A)

1.Royals
2.Pirates
3.Diamondbacks
4.Orioles
5.Reds
6.Marlins

Selections After Second Round (Round B)

1.Padres
2.Indians
3.Rockies
4.Athletics
5.Brewers
6.Tigers