Major League Baseball and Nippon Professional Baseball agreed to a new posting system. I like that the players have more power to negotiate deals now:

Under the new system, the maximum amount MLB teams can bid for a Japanese player will be $20 million. If more than one team submits a $20 million bid, the player can negotiate a contract with any of them.

Players will have a 30-day window to negotiate a contract once a bid has been posted, according to the New York Post. Once an MLB team agrees to a contract with a player, it would then owe the posting bid to the player’s Japanese team, according to the Post.

Increased competition for Japanese players should bring them more money. I would still like to see the Japanese teams get involved in the US free agent market and try to become an equal to the North American leagues.