Things to know about tomorrow's MLB Draft

LEXINGTON, Ky. (WKYT) - A few things to know about this year's Major League Baseball draft:

WHEN: Starts Thursday at 7 p.m. EDT and continues for 40 rounds over three days, with first two rounds (and two "competitive balance rounds") from MLB Network Studio in Secaucus, New Jersey. Rounds 3-10 will be held via conference call with teams Friday, and rounds 11-40 Saturday.

FIRST PICK: Houston Astros have No. 1 overall pick for fifth time overall and are first to lead off draft three straight years. Astros selected Stanford pitcher Mark Appel last year and shortstop Carlos Correa from Puerto Rico in 2012.

ORDER: Determined by reverse order of finish in overall standings from last season. Teams not allowed to trade picks.

TOP PROSPECTS: California high school LHP Brady Aiken, Vanderbilt RHP Tyler Beede, Florida high school SS Nick Gordon, California high school C-OF Alex Jackson, Texas high school RHP Tyler Kolek, LSU RHP Aaron Nola and North Carolina State LHP Carlos Rodon.

ON THE CLOCK: Teams have 4½ minutes to make picks in first round, and 1 minute in first competitive balance round, second round, second competitive balance round and rounds 3-10. Rest of draft has selections without delays.

COMPETITIVE BALANCE ROUNDS?: Started last year, these rounds give 10 teams with lowest revenues and 10 in smallest markets opportunity to get additional picks through lottery, held last July. Six selections awarded following first round, and teams not receiving one of those are entered into lottery for six picks following second round.

SIGNING DEADLINE: Teams must sign drafted players, other than those who were college seniors, by 5 p.m. EDT on July 18.

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