Rule 5 Draft
Left off the Rays' 40-man roster, Hamilton was selected third overall in the 2006 Rule 5 Draft by the Chicago Cubs, who immediately traded him to the Reds for $100,000 ($50,000 for his rights, and $50,000 to cover the cost of the Rule 5 selection). In their coverage of the draft, Chris Kline and John Manuel of Baseball America called Hamilton "the biggest name in the Rule 5 in many years."
Read more about this topic: Josh Hamilton
Famous quotes containing the words rule and/or draft:
“You will find that reason, which always ought to direct mankind, seldom does; but that passions and weaknesses commonly usurp its seat, and rule in its stead.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
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