Updated MLB draft order for 2012 to this point; just 3 Type B Free Agent picks left to be determined. A few notes:

• Carlos Beltran and Takashi Saito both had clauses in their contracts that they could not be offered arbitration.
• Roy Oswalt was not offered arbitration.
• The Red Sox will not get a compensation pick for the loss of Dan Wheeler, since he signed a minor league deal with the Indians (why did the Twins not sign him, again?)
• David Ortiz, Francisco Rodriguez, and Kelly Johnson all accepted arbitration.
• The top 15 picks in the draft are protected picks under the new Collective Bargaining Agreement. Previous reports had the top 10 picks being protected under the new CBA, but according to both MLBTradeRumors and Keith Law, Ryan Madson's signing makes it clear that's the case, becau
• There was a pool of Modified Type A Free Agents that do not require signing teams to relinquish their respective First Round Picks. For this pool of players, the compensated team receives the pick immediately preceding the traditional draft slot of the signing team.
• Picks TBD (for remaining unsigned "compensation" Free Agents) are denoted with ****

Got all that? Here is the draft order for the first 2 rounds (including supplemental picks):

1. Beginning of Round 1: Houston Astros
2. Minnesota Twins
3. Seattle Mariners
4. Baltimore Orioles
5. Kansas City Royals
6. Chicago Cubs
7. San Diego Padres
8. Pittsburgh Pirates
9. Miami Marlins
10. Colorado Rockies
11. Oakland Athletics
12. New York Mets
13. Chicago White Sox
14. Cincinnati Reds
15. Cleveland Indians
16. Washington Nationals
17. Toronto Blue Jays
18. Los Angeles Dodgers
19. St. Louis Cardinals; compensation pick for loss of Type A Free Agent Albert Pujols (Angels)
20. San Francisco Giants
21. Atlanta Braves
22. Toronto Blue Jays; compensation pick for failing to sign 2011 1st rd pick Tyler Beede (Vanderbilt)
23. St. Louis Cardinals
24. Boston Red Sox
25. Tampa Bay Rays
26. Arizona Diamondbacks
27. Milwaukee Brewers; compensation pick for loss of Type A Free Agent Prince Fielder (Tigers)
28. Milwaukee Brewers
29. Texas Rangers
30. New York Yankees
31. Boston Red Sox; compensation for loss of Type A Free Agent Jonathan Papelbon (Phillies)
32. Beginning of Supplemental Type A's: Minnesota Twins; compensation pick for loss of modified Type A Free Agent Michael Cuddyer (Rockies)
33. San Diego Padres; compensation pick for loss of modified Type A Free Agent Heath Bell (Marlins)
34. Oakland Athletics; compensation pick for loss of modified Type A Free Agent Josh Willingham (Twins)
35. New York Mets; compensation pick for loss of Type A Free Agent Jose Reyes (Marlins)
36. St. Louis Cardinals; compensation pick for loss of Type A Free Agent Albert Pujols (Angels)
37. Boston Red Sox; compensation pick for loss of Type A Free Agent Jonathan Papelbon (Phillies)
38. Milwaukee Brewers; compensation pick for loss of Type A Free Agent Prince Fielder (Tigers)
39. Texas Rangers; compensation pick for loss of Type A Free Agent CJ Wilson (Angels)
40. Philadelphia Phillies; compensation pick for loss of modified Type A Free Agent Ryan Madson (Reds)
41. Beginning of Supplemental Type B's: Houston Astros; compensation pick for loss of Type B Free Agent Clint Barmes (Pirates)
42. Minnesota Twins; compensation pick for loss of Type B Free Agent Jason Kubel (Diamondbacks)
43. Chicago Cubs; compensation pick for loss of Type B Free Agent Aramis Ramirez (Brewers)
44. San Diego Padres; compensation pick for loss of Type B Free Agent Aaron Harang (Dodgers)
45. Pittsburgh Pirates; compensation pick for loss of Type B Free Agent Ryan Doumit (Twins)
46. Colorado Rockies; compensation pick for loss of Type B Free Agent Mark Ellis (Dodgers)
47. Oakland Athletics; compensation pick for loss of Type B Free Agent David DeJesus (Cubs)
48. Chicago White Sox; compensation pick for loss of Type B Free Agent Mark Buehrle (Marlins)
49. Cincinnati Reds; compensation pick for loss of modified Type B Free Agent Francisco Cordero (Blue Jays)
50. Toronto Blue Jays; compensation pick for loss of Type B Free Agent Frank Francisco (Mets)
51. Los Angeles Dodgers; compensation pick for loss of Type B Free Agent Rod Barajas (Pirates)
52. **** St. Louis Cardinals; compensation pick for loss of Type B Free Agent Edwin Jackson (TBD)
53. Texas Rangers; compensation pick for loss of Type B Free Agent Darren Oliver (Blue Jays)
54. **** Philadelphia Phillies; compensation pick for loss of Type B Free Agent Raul Ibanez (TBD)
55. Chicago Cubs; compensation pick for loss of Type B Free Agent Carlos Pena (Rays)
56. **** Pittsburgh Pirates; compensation pick for loss of Type B Free Agent Derrek Lee (TBD)
57. Cincinnati Reds; compensation pick for loss of Type B Free Agent Ramon Hernandez (Rcokies)
58. Toronto Blue Jays; compensation pick for loss of Type B Free Agent Jon Rauch (Mets)
59. St. Louis Cardinals; compensation pick for loss of Type B Free Agent Octavio Dotel (Tigers)
60. Toronto Blue Jays; compensation pick for loss of Type B Free Agent Jose Molina (Rays)
61. Beginning of Round 2: Houston Astros
62. Oakland Athletics; compensation pick for loss of Modified Type A Free Agent Josh Willingham (Twins)
63. Minnesota Twins
64. Seattle Mariners
65. Baltimore Orioles
66. Kansas City Royals
67. Chicago Cubs
68. San Diego Padres
69. Pittsburgh Pirates
70. San Diego Padres; compensation pick for loss of modified Type A Free Agent Heath Bell (Marlins)
71. New York Mets; compensation pick for loss of Type A Free Agent Jose Reyes (Marlins)
72. Minnesota Twins; compensation pick for loss of modified Type A Free Agent Michael Cuddyer (Rockies)
73. Colorado Rockies
74. Oakland Athletics
75. New York Mets
76. Chicago White Sox
77. Philadelphia Phillies; compensation pick for loss of modified Type A Free Agent Ryan Madson (Reds)
78. Cincinnati Reds
79. Cleveland Indians
80. Washington Nationals
81. Toronto Blue Jays
82. Los Angeles Dodgers
83. Texas Rangers; compensation pick for loss of Type A Free Agent CJ Wilson
84. San Francisco Giants
85. Atlanta Braves
86. St. Louis Cardinals
87. Boston Red Sox
88. Tampa Bay Rays
89. Arizona Diamondbacks
90. Detroit Tigers
91. Milwaukee Brewers
92. Texas Rangers
93. New York Yankees
94. Philadelphia Phillies

From a Twins' standpoint, they they will now have the 32nd overall pick as compensation for Michael Cuddyer's departure and #42 as compensation for Jason Kubel's departure. Assuming the above holds (ie all of the remaining compensation Free Agents find new homes) the Twins' picks will be:

#2, #32, #42, #63, #72, and #96 overall.

I will keep this up to date as we move along. There are only 3 remaining "compensation" Free Agents left unsigned.