Far East Rumors and Game Theory
Lately, there have been persistent rumors that Major League Baseball and Nippon Professional Baseball (NPB) are considering a major change to the posting system – perhaps in time to affect Masahiro Tanaka. One of the most commonly rumored proposals is a system that would allow three teams to “win” the post. In New York beat writer Joel Sherman’s words:
There had been speculation the system would undergo radical changes, with perhaps even the teams with the three highest posting bids all gaining the rights to negotiate with the players.
He goes on to note that the posted player may get the opportunity to pick one of three top bidders. For the sake of simplicity, let’s leave that wrinkle aside for now.