Shohei Ohtani meeting with Major League Baseball teams next week

Report: Shohei Ohtani meeting with MLB teams next week

The new posting system has been ratified and Shohei Ohtani will be posted later today, so it's time to GET EXCITED

Foreign players are not eligible for major league contracts until they turn 25 and have six seasons of professional experience.

Ohthani's Japanese team the Nippon Ham Figthers are expected to formally post the player on Friday once the new posting system has been ratified by Major League Baseball owners. The Sox have limited funds in their worldwide bonus pool but nevertheless made a presentation to Ohtani, according to Hahn.

Shohei Ohtani will officially be posted later Friday and will have until December 22 to reach an agreement with an Major League Baseball team.

Starting next off-season, the posting period will be shortened to November 1 through December 5.

Ohtani was in Los Angeles, a person familiar with his location said. Considering the relatively nominal cost, seemingly every team could be in competition for Ohtani's services, especially because he can only receive a maximum bonus of $3.5 million. Under it, the fee paid to a player's former Japanese team will change. The fee will be 20 percent of the first $25 million of a major league contract and the percentage drops to 17.5 percent of the next $25 million and 15 percent of any amount over $50 million. The percentages then decrease incrementally as the guaranteed money in the contract rises. The union believes Japanese free agents entering the market late potentially could impact negotiations with major league free agents. He hit.332 in 65 games with 16 doubles, eight homers and 31 RBIs. The teams with the most to offer include the Rangers ($3,335,000), the Yankees ($3.25 million) and Twins ($3,245,000).

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