Summarizing baseball's new era

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Free-agency draft compensation will largely be eliminated.

The amateur draft will include a tax on aggregate spending

that could include the loss of future picks for teams that greatly

exceed their "signing bonus pool.''

A "competitive balance lottery'' will distribute six extra picks

(after the first round) among clubs from small markets and

with low revenues.

Players, managers and coaches will be prohibited from using

smokeless tobacco during televised interviews and club

appearances, and they no longer can carry tobacco products

(or containers) on their uniforms.

By 2016, revenue-sharing will be determined solely by

market size.

By 2013, all major-leaguers will wear a new, more protective

batting helmet.