teams compensated financially based on 'level' of the minor league the team was in.Prior to its current incarnation, from 1959 until the creation of the annual amateur Rule 4 draft in 1965, top first-year prospects of teams were exposed to the Rule 5 draft. This was in some ways an outgrowth of the bonus rule that existed from 1946 to 1950 and from 1953 to 1957.

Description

The selection order of the teams is based on each team's win-loss record from the prior regular season, as in the amateur

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