Lookout Landing’s who, what, where, and when for the 2026 MLB draft

If you feel a breeze, don’t doubt yourself, it’s MLB Draft week once again. Since 2021, the MLB Draft has taken place over the All-Star Break, in an effort to combine the enhance the prestige of the event and turn the week into a baseball bonanza. It’s a move that has been lamented by scouts and front office folks, who note that the experience creates a cartoonishly packed weekend of work, however the fan experience may be more pleasantly what MLB is hoping for. This year, there are some small tweaks to make note of, and here at Lookout Landing we’ll have draft coverage rolling out all week in the leadup to Saturday and Sunday.

The majority of MLB’s All-Star Week this year will be broadcast by NBC, as well as simultaneously livestreamed by their Peacock service/app. However, the first broadcast event is the Historically Black College/University Swingman Classic Game on Friday, July 10th at 4 PM PT/7 PM ET on MLB Network and MLB.com.

The 2026 MLB Draft will occur Saturday, July 11th and Sunday, July 12th, in Philadelphia, PA as part of the All-Star Week festivities. Coverage will begin on NBC and Peacock at 10 AM PT/1 PM ET on Saturday, with rounds 1-3 being completed on day one. On Sunday, NBC/Peacock will pick things back up at 10 AM PT/1 PM ET again for rounds 4-20. Both days will also have live coverage on MLB Network and MLB.com

The Saturday outset is a tweak from years past, perhaps a slight genuflection to the requests of the clubs, moving the draft’s outset to a day slightly less packed with festivities. The MLB Futures Game will occur on Sunday, starting at 9 AM PT/12 PM ET, also to be broadcast on NBC. While it is a seven inning game, it may overlap with draft coverage, which seems likely to be pushed to MLB Network and MLB.com but is not entirely clear based on MLB’s website.

The Seattle Mariners have the 24th pick in the draft, second-to-last in the “1st round” ahead of only the Milwaukee Brewers due to their reaching of the ALCS a season ago. The Toronto Blue Jays, Los Angeles Dodgers, New York Mets, Philadelphia Phillies, and New York Yankees all had their first picks dropped 10 spots as a “fine” of sorts for exceeding the second payroll tax threshold (also known as the “Competitive Balance Tax”).

Their second round selection is the 65th overall pick, and their third pick (the final to be made on Saturday) will be the 101st selection. Seattle also had a pick given to them due to their eligibility for receiving “Competitive Balance Picks” in Round B, just after the second round, however they dealt that 68th overall selection to the St. Louis Cardinals as part of the Brendan Donovan trade this winter.

After picking 129th in the fourth round, Seattle picks every 30 selections afterwards for the remaining rounds as scheduled, save for rounds five and six wherein the Dodgers forfeited their picks as compensation for signing players who’d declined a qualifying offer.

Pretty small. Seattle has only $8,218,200 they are allowed to spend on signing bonuses for their draftees this year, 24th-most in MLB. The Pirates and Rays both are allowed to utilize over $19 million, by contrast. A season ago, Seattle selected LHP Kade Anderson 3rd overall and inked him to a $8.8 million bonus by himself. That was possible, of course, because after missing the playoffs in 2024, Seattle famously sprung up the lottery ladder to the third overall pick despite being projected for 15th, in the fairly new lottery system MLB has employed as part of their anti-tanking efforts. This, plus ineligibility to pick in the top-10 in consecutive years (or more than two consecutive years, depending on the market size of the club) have seemed to be savvy and successful disincentives towards active non-competitiveness instituted by MLB. You’ll see some less-favorable sentiments about draft-related proposals by MLB later on here, so it is important to note that they seem to have absolutely gotten this right.

Bonus pools are determined by draft slots in the first 10 rounds, and Seattle can save any funds unused initially to splash on players throughout the entire draft, so long as they sign those initial players. Seattle has nailed a number of major picks in recent years, and should be able to snag some impressive talents, but the realistic outcome is a less immediately eye-popping set of selections than some recent years.

Anyone residing in the United States, Canada, Puerto Rico, or other U.S. territories who has never signed a previous MLB/MiLB contract and is either

• A high school graduate, OR
• Attending a junior/community college, OR
• Attending a four-year college/university which they have attended for at least three years/have reached their 21st birthday, whichever occurs first

The draft does not include players born and raised anywhere else in the world, wherein players are eligible to sign anytime after their 16th birthday to a contract with any big league club from each team’s capped bonus pool (players like Julio Rodríguez, Shohei Ohtani, or Yordan Alvarez), or as a true free agent once they are 25 years of age (almost exclusively established stars in countries with robust internal summer baseball leagues like Japan, Cuba, and South Korea, e.g. Yoshinobu Yamamoto, Jose Abreu, or Jung Hoo Lee).

There have also been recent changes to the draft’s rounds, with more dreamed of by MLB’s ownership groups. If you do not care for a bit of analysis on those suggestions, feel free to skim to the next headline.

Since MLB owners halved the number of rounds in the draft in recent competitive bargaining agreements, the draft has dropped from three days to two, and to 20 rounds from 40 since 2019 (and from 50 to 40 in 2011). The draft is once again a wish list item to warp for owners, who recently fantasized publicly with a dream of dropping to just 12 rounds, excluding high schoolers entirely (the players with the most leverage to negotiate their signing bonuses) and necessitating a higher age of eligibility for drafting to 20 years of age. While this could open up a batch of additional college players to eligibility, the intent is overwhelmingly a labor cost reduction. Players who debut earlier reach free agency earlier, and therefore can negotiate with more than just the team that claimed their right to work for the coming decade on draft day. From a pure on-field perspective, Ken Griffey Jr. and Alex Rodríguez would have seen their careers quite differently, while Colt Emerson and Ryan Sloan would still be on campus. Part of baseball’s distinct joy is in its many avenues to plausibility, and it would be nice not to see those curtailed.

Plenty! Check out some of our draft profiles if you’ve not already, and keep an eye out each day for a roundup of coverage around the scouting world, our own mock draft of the first 50 or so picks, some deep dives from Max, Kate, and myself, live draft coverage this weekend, and more!