The posting system is a baseball player transfer system currently in effect between Japan's Nippon Professional Baseball (NPB) and the United States' Major League Baseball (MLB). NPB players have never been eligible to be obtained through the traditional means of the Rule 4 Draft, and since there were no set legal rules in place to govern the process, problems arose. The system was implemented for two reasons. First, the NPB players Hideo Nomo and Alfonso Soriano used loopholes to void contracts and leave for the MLB - possibly taking fans with them. Second, NPB player Hideki Irabu had very little negotiating power when it came to his trade deal between NPB and MLB teams. By creating a system that requires MLB teams to pay NPB teams transfer fees while allowing players the power to negotiate their own trade deals, the posting system presumably was meant to solve both problems. As of 2008, twelve Japanese players have been "posted" using the system. Of these, seven were immediately signed to Major League contracts, three were signed to minor league contracts and two were unsuccessful in drawing any MLB interest. The two highest-profile players that have been acquired through the posting system are Ichiro Suzuki and Daisuke Matsuzaka. Respectively, they attracted high bids of $13.125 million and $51.1 million and have enjoyed highly successful careers in the MLB. (Full article...)