A player is eligible for the draft if he is left off the 40-man roster for five years, and either were 18 years old or younger on the June 5 before he was signed, or if he is left off the 40-man roster for four years and is 19 and younger on the June 5 before their signing.
The purpose of the Rule 5 draft is to prevent organizations from keeping minor leaguers in their organization for more than a certain amount of time.
The draft order is based on the reverse order of the 2013 standings, meaning the Astros have the top pick, while the Mets draft 10th in this year’s draft.
If a player is selected in the Rule 5 draft, his new team pays the former team $50,000 for the pick in the Major League phase of the draft. He must remain on the active roster for 90 days during the regular season, or he must be offered back to his original team for $25,000.