The 1965 draft had a major league and AAA section (rounds 1-3), a AA section (4-7) and A-ball sections (8+). Each team had one pick in rounds 1-7 (MLB, AAA, and AA picks). Starting with the 8th round teams received a pick for each A-ball team in their system in the reverse order of the affiliate finishes. Franchises that shared affiliates, alternated the picks round-by-round. This means that a franchise will have multiple picks in a "round". For presentation reasons here, we have re-labeled the rounds to be the number of the selection made by this franchise. This means that the Twins' 10th round pick could come after the Mets' 12th round pick.
GOLDMAN: If each team paid that amount to its roughly 250 minor leaguers, it would cost about $ million. That's a year's salary for one Major League player not quite making the average of million. Major League Baseball can afford it but doesn't think it should have to. MLB responded to an interview request by emailing a statement. It says, federal guarantees of minimum wage and overtime pay don't apply to Minor League players. The majority of those players, says MLB, are short-term, seasonal apprentices. But minor leaguers typically sign a standard seven-year contract, and they work 50 to 60 hours a week at spring training and work during the off season on baseball skills and fitness all for no pay.