The 2016 Draft will take place today through Saturday, beginning with the Draft preview show on MLB Network and MLB.com today at 3 p.m. PT. Live Draft coverage from MLB Network's Studio 42 begins at 4 p.m., with the top 77 picks being streamed on MLB.com and broadcast on MLB Network. MLB.com's exclusive coverage of Day 2 begins with a live Draft show at 9:30 a.m. on Friday, with exclusive coverage of Day 3 beginning at 10 a.m. on Saturday.

MLB.com's coverage includes Draft Central, the Top 200 Draft Prospects list and Draft Tracker, a live interactive application that includes a searchable database of over 1,500 Draft-eligible players. Every selection will be tweeted live from @MLBDraftTracker, and you can also keep up to date by following @MLBDraft. And get into the Draft conversation by tagging your tweets with #mlbdraft.

Here's how the Draft is shaping up for the Dodgers, whose first selection is the 20th overall.

Complete 2016 Draft coverage

In about 50 words

The Dodgers have four of the first 65 picks -- their first- and second-rounders (Nos. 20 and 65 overall), a compensation pick for losing free-agent Zack Greinke (No. 32), and a supplemental pick for not signing Kyle Funkhouser (No. 36), who was taken with the No. 35 overall pick last year.

The scoop

This is the second Draft of the new management team. Billy Gasparino is the quarterback as director of amateur scouting, but top brass Andrew Friedman, Farhan Zaidi, Josh Byrnes, Alex Anthopoulos and David Finley are also heavily involved in a group effort. In their first Draft last year, top pick Walker Buehler needed Tommy John surgery, and the next pick, Funkhouser, didn't sign.

First-round buzz

MLB.com's latest mock Draft projects the Dodgers taking Vanderbilt right-handed pitcher (and past Tommy John surgery patient) Jordan Sheffield with the 20th overall pick, and Atlanta high school outfielder Will Benson with the 32nd overall pick. The Dodgers took Sheffield's Vanderbilt staffmate Buehler with their top pick last year. They haven't drafted an outfielder in the first round since Bubba Crosby in 1998.

Money matters

Under the Collective Bargaining Agreement, each team has an allotted bonus pool equal to the sum of the values of that club's selections in the first 10 rounds of the Draft. The more picks a team has, and the earlier it picks, the larger the pool. The signing bonuses for a team's selections in the first 10 rounds, plus any bonus greater than $100,000 for a player taken after the 10th round, will apply toward the bonus-pool total.

Any team going up to five percent over its allotted pool will be taxed at a 75-percent rate on the overage. A team that overspends by 5-10 percent gets a 75-percent tax plus the loss of a first-round pick. A team that goes 10-15 percent over its pool amount will be hit with a 100-percent penalty on the overage and the loss of a first- and second-round pick. Any overage of 15 percent or more gets a 100-percent tax plus the loss of first-round picks in the next two Drafts.

The Dodgers have $9,336,500 to spend on their first 10 picks with $2,316,300 designated for the 20th overall pick in the first-round, $1,940,700 for the 32nd overall pick in the first round (compensation for Greinke) and $1,791,000 for the 36th overall pick (for not signing Funkhouser). While the team can afford to surpass its allotted pool, it won't hit the penalty threshold to lose a first-round pick.

Shopping list

The Dodgers spent $115.5 million to sign Cuban infielders Hector Olivera, Alex Guerrero and Erisbel Arruebarrena, and they're already written off, so it's a reasonable guess that the organization still needs infielders, as well as run producers at any position, and, as always, starting pitching.

Trend watch

In his first Dodgers Draft last year, Gasparino took college pitchers with his first two selections, and he went with collegiates with five of the first six players, four of them pitchers. In two Drafts for San Diego, Gasparino took college position players first both times, and both years five of the first six players he selected were position players.

Recent Draft History

Rising fast

He just turned 20, but outfielder and No. 6-ranked Dodgers prospect Alex Verdugo (second round, 2014) is playing above his age at Double-A. And with the uncertainty in the Los Angeles outfield, he's in a race to Dodger Stadium with Cody Bellinger (fourth round, 2013), who is almost a year older, but with the ability to play the outfield and first base.

Cinderella story

The best home-grown Cinderella story for the Dodgers is still A.J. Ellis, who was drafted in the 18th round in 2003 and spent five years strictly in the Minor Leagues, then another four years shuttling between L.A. and Triple-A before being given a legitimate chance to play with the Dodgers.

In The Show

From the current 25-man roster, Ellis (18th round in 2003), Scott Van Slyke (14th round, '05), Clayton Kershaw (first round, '06), Joc Pederson (11th round, '10) and Corey Seager (first round, '12) were drafted by the Dodgers and developed by their Minor League system.

The Dodgers' recent top picks

2015 - Walker Buehler, RHP, has not pitched

2014 -- Grant Holmes, RHP, Advanced Class A Rancho Cucamonga

2013 -- Chris Anderson, RHP, Advanced Class A Rancho Cucamonga

2012 -- Corey Seager, SS, MLB, Los Angeles

2011 -- Chris Reed, LHP, Triple-A (MIA), New Orleans

Ken Gurnick has covered the Dodgers for MLB.com since 2001.