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How is the selection order determined?

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How is the selection order determined?

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Major League clubs select in reverse order of their records at the close of the preceding season, without regard to League. Some transfers of selection rights from one Club to another are made as compensation to Clubs that lost certain types of Major League free agent players after the previous season. Additional selections are also awarded to Clubs that lost certain types of Major League free agent players after the previous season.

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