Major League Baseball and Nippon Professional Baseball are discussing two proposals to replace the current posting system that would eliminate Japanese teams' ability to set a negotiating price for posted players.

Speaking at Wednesday's NPB owners meeting, Giants owner Shoichi Oikawa said two proposals are on the table to replace the current posting fee — which is capped at $20 million for Japanese teams. Both proposals are based on the NPB team receiving 15 percent of the amount of money paid to their posted player by an MLB team (signing bonus, salary and incentives).

One proposal would be a flat 15 percent, and the other would be 15 percent until payment to the player exceeds $100 million, at that point the NPB team would receive $20 million.