2016 MLB Draft
Jun 6, 2016 16:02:17 GMT -5
Post by ChrisBrown on Jun 6, 2016 16:02:17 GMT -5
I've posted about 12 times this year, but that's not gonna keep me from creating this thread, even though I'm probably the only person here who cares about the MLB Draft. The first 77 picks take place this Thursday, with rounds 3-10 on Friday, and rounds 11-40 on Saturday.
So, just a quick refresher on the way the MLB draft works, because it is significantly more complex than the NFL and NBA drafts.
-You can't trade picks (in the majority of circumstances), and you can't trade drafted players until this year's World Series is over. MLB is trying to drum up more interest for the draft, so I'd bet they'll allow teams to trade any draft picks soon, which could get very interesting.
-Every pick in the first ten rounds of the draft is assigned a specific "slot" value, from the first overall pick at $9.015 million, to the final pick of the 10th round at $156,600.
-A team's overall bonus pool is the sum total of the dollar value of all their picks in the first ten rounds. Players taken after round ten can receive up to $100,000 without their bonus counting against the total bonus pool, but any dollar amount over $100K counts against a team's pool. If a team fails to sign any of the players they take in the first ten rounds, the value of the pick is subtracted from the team's overall bonus pool.
-Teams are free to allot their bonus pool money in any way they see fit. For example, there is no way in hell Philly is going to spend the full $9 million slot value for the first overall pick on one player. I'd be shocked if they go over $6 million. So they will then have that extra $3 million to spread around to other players.
-If a team goes more than 5% over their bonus pool they start to lose draft picks in future drafts. No team has ever done this, though the Astros almost had it happen to them accidentally a few years ago when they couldn't sign the first overall pick Brady Aiken.
-And finally, teams are not supposed to negotiate with players before the draft, but it happens all the time. We can use the Phillies as an example again. They have that $9 million available for the first pick. They might think eight players in the draft are all about equal, so they might (secretly) approach all of them and ask if they'll accept a $4.5 bonus. The top few players might reject that offer because they can get more than that if they are taken 2nd, 3rd, or 4th. But the slot value for the 5th pick is just $4.3 million, so if a player thinks he might slide to 5 or lower, then he'd be smart to take the offer. If he does, then the Phillies have another $4.5 million to give out, and can possibly land another top-10 talent, even though they don't select again until pick 42.
The Tigers pick 9th overall, which carries a slot value of $3,505,800, but they have one of the lowest total bonus pools in the entire draft ($5,424,300) because they lost their 2nd round pick for signing Jordan Zimmermann, and their 3rd round pick for signing Justin Upton. So I wouldn't expect and shenanigans with their draft this year.
That enough reading for you guys? In the next post I'll put out a bunch of names to know.
So, just a quick refresher on the way the MLB draft works, because it is significantly more complex than the NFL and NBA drafts.
-You can't trade picks (in the majority of circumstances), and you can't trade drafted players until this year's World Series is over. MLB is trying to drum up more interest for the draft, so I'd bet they'll allow teams to trade any draft picks soon, which could get very interesting.
-Every pick in the first ten rounds of the draft is assigned a specific "slot" value, from the first overall pick at $9.015 million, to the final pick of the 10th round at $156,600.
-A team's overall bonus pool is the sum total of the dollar value of all their picks in the first ten rounds. Players taken after round ten can receive up to $100,000 without their bonus counting against the total bonus pool, but any dollar amount over $100K counts against a team's pool. If a team fails to sign any of the players they take in the first ten rounds, the value of the pick is subtracted from the team's overall bonus pool.
-Teams are free to allot their bonus pool money in any way they see fit. For example, there is no way in hell Philly is going to spend the full $9 million slot value for the first overall pick on one player. I'd be shocked if they go over $6 million. So they will then have that extra $3 million to spread around to other players.
-If a team goes more than 5% over their bonus pool they start to lose draft picks in future drafts. No team has ever done this, though the Astros almost had it happen to them accidentally a few years ago when they couldn't sign the first overall pick Brady Aiken.
-And finally, teams are not supposed to negotiate with players before the draft, but it happens all the time. We can use the Phillies as an example again. They have that $9 million available for the first pick. They might think eight players in the draft are all about equal, so they might (secretly) approach all of them and ask if they'll accept a $4.5 bonus. The top few players might reject that offer because they can get more than that if they are taken 2nd, 3rd, or 4th. But the slot value for the 5th pick is just $4.3 million, so if a player thinks he might slide to 5 or lower, then he'd be smart to take the offer. If he does, then the Phillies have another $4.5 million to give out, and can possibly land another top-10 talent, even though they don't select again until pick 42.
The Tigers pick 9th overall, which carries a slot value of $3,505,800, but they have one of the lowest total bonus pools in the entire draft ($5,424,300) because they lost their 2nd round pick for signing Jordan Zimmermann, and their 3rd round pick for signing Justin Upton. So I wouldn't expect and shenanigans with their draft this year.
That enough reading for you guys? In the next post I'll put out a bunch of names to know.