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I had to read this a couple of times for it to sink in, but it's a pretty good explanation of how the collective bargaining agreement sets the amounts for each pick . Teams are not penalized if they go over the amount for any particular pick . They are penalized when they go over their entire budget amount (for the first ten rounds) . Also, if you fail to sign a pick , you lose that slotted amount from your allotted budget . In other words, if teams have to go over slot to sign their first pick or two, then they will have to low-ball a lot of other picks to make up the difference .
This post was edited by scfastpitch on 5/17/2012 at 9:15 AM
One of the most significant provisions of the new draft rules is the creation of prescribed bonuses for every pick in the first 10 rounds. The numbers build off the bonus set for the No. 1 pick, which is $7.2 million this year. Every pick from 2-338 is expressed as a percentage of the No. 1 pick, down to $125,000 for the final picks of the 10th round.
So let's say Cory Seager gets picked #21 by the Braves . Slot amount = $1,825,000 . Braves fail to sign him they lose that much from their allotted budget for the first ten rounds . If they have to go over slot , it's probably the guys in rounds 9 and 10 who get screwed . You might see some seniors drafted in those rounds, guys who have no bargaining power . It's to a team's advantage to sign someone cheap, as opposed to not signing them at all .
This post was edited by scfastpitch on 5/17/2012 at 9:25 AM
I think teams with multiple or high picks could take a signable guy early. Like the Sox have the 24, 31 and 37. They can take college player who agrees to take under slot and then spread another 750k or so on other picks.
Also I think Seager is a Boras guy with a huge prices tag. I hope he makes it here.
"People always ask me if I wish I were bigger. I tell them no. I always wanted to be a miniature badass." Dustin Pedroia
It will be really interesting to see what strategies develop . I haven't examined the penalties for going over budget . I know it involves losing some future picks , but there may be some teams willing to suffer the penalty and go over budget anyway . If the penalties aren't meaningful then all this is a big waste of time .
There may be more reluctance to draft someone who wants more than slot . I don't know .
Good Find and very interesting! Thanks!
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