MLB, union end talks for international draft in 2014

Major League Baseball and its players' association have ended talks aimed at starting an international draft in 2014.

Under the collective bargaining agreement reached in November 2011, the sides held discussions about a draft and MLB had the right to inform the union by Saturday if it planned to start one next year. If MLB had given that notification, the union would have had until June 15 to veto it.

The sides said Friday that talks had ended.

Since there will be no draft, the system of a signing bonus pool with penalties for exceeding thresholds will remain in place. For the period that began last July 2 and ends June 15, the threshold was $2.9 million.