Signing Keuchel would cost theTwins their third highest pick in the rule 4 draft as a revenue sharing receiving club. Source is AZ Phil of the Cub Reporter https://www.thecubreporter.com/compensation-loss-article-xx-b-qualified-player Quote: NOTE: Prior to the post-2017 off-season, a player had seven days to decide whether to accept a QO. If a Qualified Player subsequently signs a Major League contract with another (different) MLB club on or before the day prior to the MLB Rule 4 Draft (MLB First-Year Player Draft), the player's former club (the club that lost the Qualified Player) normally will receive a compensatory draft pick in the MLB Rule 4 Draft between the 2nd & 3rd rounds (after Competitive Balance Round "B"). EXCEPTIONS: An MLB club that receives revenue sharing funds would receive a compensatory draft pick immediately after the conclusion of the 1st round (prior to Competitive Balance Round "A") - IF - the Qualified Player signs a contract worth at least $50M (the club would receive a compensatory draft pick between the 2nd & 3rd rounds and after Competitive Balance Round "B" if the Qualified Player signs a contract worth less than $50M), and an MLB club that is a Competitive Balance Tax (CBT) payor (club's payroll from the previous season exceeded the CBT threshold) would receive a draft pick between the 4th & 5th rounds. NOTE: If more than one club receives the same type of compensatory pick, the draft order for the comp picks is the same as it is for all other rounds in that draft (clubs select in inverse order of league standings from the previous season, and in the case of two clubs finishing with the same record the previous season, league standings from two seasons back will be used to break the tie, and if the clubs are still tied, league standings from three seasons back, four seasons back, etc, will be used to break the tie). If a Qualified Player signs a Major League contract with another (different) club on the day of or anytime after the MLB Rule 4 Draft, or if a Qualified Player signs a minor league contract with another (different) club and either remains in the minor leagues or is later added to that club's MLB 40-man roster, the player's new club does NOT forfeit a Rule 4 Draft pick, and the player's former club does NOT receive Rule 4 Draft pick compensation. However, MLB clubs are not permitted to sign a Qualified Player to a minor league contract just to avoid losing a draft pick. An MLB club that signs a Qualified Player (not including its own Qualified Players) to a Major League contract prior to the Rule 4 Draft deadline forfeits its 2nd highest selection in the next MLB Rule 4 Draft and $500,000 is subtracted from its assigned International Signing Bonus Pool (ISBP) in the next full International Signing Period (ISP) for each Qualified Player signed. EXCEPTIONS: An MLB club that receives revenue sharing funds would surrender its 3rd highest selection in the draft but nothing is subtracted from the club's ISBP in the next full ISP, and an MLB club that is a CBT payor (club's payroll from the previous season exceeded the CBT threshold) would forfeit its 2nd & 5th selection in the draft and have $1,000,000 subtracted from its ISBP in the next ISP for each Qualified Player signed. NOTE: The Competitive Balance Tax threshold will be $195M in 2017, $197M in 2018, $206M in 2019, $208M in 2020, and $210M in 2021. The next highest Rule 4 Draft pick (or draft picks) will be forfeited if a club signs more than one Qualified Player (one draft pick forfeited for each Qualified Player signed). NOTE: A CBT payor (club's payroll from the previous season exceeded the CBT threshold) would forfeit its 3rd & 6th highest selections if the club signs a second Qualified Player, its 4th & 7th selections if the club signs a third Qualified Player, and its 8th & 9th highest selections, 10th & 11th highest selections, etc, for additional Qualified Players signed. End Quote