Player to be named later

Question

If someone gets a PTBNL in a trade, can it be anyone? Or any minor league player? do they generally have restrictions on who the PTBNL can be? I wouldnt imagine that a team would give another team the chance to snag up someone who becomes one of the top players in their system next year. Also how long does the other team have to "name the player later?"

thanks everyone

Answer 1

http://en.wikipedia.org/wiki/Player_to_b...

This shoud answer your question.

Answer 2

Teams have 6 months from the conclusion of the trade to finalize the PTBNL.  The teams usually agree on a list of 5 to 10 players (usually minor leaguers) that the player to be named will be chosen from.