With the news that Jose Reyes will leave the Mets to sign a six year, $106 million contract with the Marlins comes the concurrent news that the Mets will receive two draft picks back in exchange for losing their star shortstop. ?The bad news? ?The Mets will receive a pick in the supplemental round between the first and second round, somewhere between 31 and 46, and, for now, the Marlins' third-round pick. ?If the Marlins sign Albert Pujols, Prince Fielder, or C.J. Wilson, the Mets would receive a fourth-round pick instead of the third-round selection.
Why the Marlins' third round pick? ?The Marlins, who finished at 72-90, own the #9 pick in the upcoming draft, so their first round pick was protected. ?After the first round, teams who lose a free agent to the Marlins are compensated in order based on the Elias rankings of the free agents. ?So, because Heath Bell was the 6th rated type A, and Jose Reyes the 16th, the Padres come first. ?Under the old rules, San Diego would have received the Marlins' second round pick, while the Mets made due with the Fish's third rounder. ?However, Bell was one of six players designated as a modified Type A, for this winter, where the signing team would not lose a pick. ?Instead, the team being compensated will receive an additional pick, equivalent to the one they would have received. ?Thus, the Padres will receive the 9th pick in the second round, pick 9A, pushing the Marlins down to the 10th pick, or pick 9B. ?For now, the Mets, even though the Marlins retain their second round pick, the Mets will receive the pick they were supposed to receive under the old system - the Marlins third rounder.
If the Marlins sign another free agent more highly ranked than Reyes, Albert Pujols for Prince Fielder for example, the Mets will end up with the 9th pick in the fourth round.