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Jim Furtado
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Draft Newsbeat

Wednesday, February 04, 2015

Solution to MLB draft dilemma: Don’t have one | FOX Sports

This will never happen. What’s he’s essentially suggesting is a fixed salary cap.The owners might go for it because it will fatten their wallets. The union won’t go for it.

Jim Furtado Posted: February 04, 2015 at 05:50 PM | 28 comment(s)
  Beats: draft, economics, international draft

Monday, December 15, 2014

Astros and Nix, a top draftee whose deal was canceled, reach settlement

The Astros and unsigned pitching draftee Jacob Nix have quietly and confidentially come to a monetary settlement over the team’s decision not to follow through on an agreed-upon $1.5-million deal with Nix that was negotiated but never signed following last June’s first-year player draft.

Nix and the Astros by all accounts had the agreement, but in a very unusual case, the Astros decided they couldn’t sign the deal with Nix after they failed to sign No. 1 overall pick, lefthander Brady Aiken. Since the Astros failed to sign Aiken, they no longer had the slot money to sign Nix—a top righthanded high school pitcher out of the Long Beach, Calif. area. Under MLB’s rules, signing Nix after failing to sign Aiken to Aiken’s under-slot deal would have required the Astros to forfeit future top draft choices, so instead they chose simply to pass on the deal for Nix, a talented fifth-round selection accorded an unusually high bonus designed to get him to pass on a UCLA scholarship.

The financial settlement between the Astros and Nix, the amount of which isn’t known, was agreed to after the players union, on behalf of Nix and agent Casey Close, filed a grievance citing the unfairness of Nix losing his deal over something that allegedly came up in Aiken’s physical. The monetary payout helps the Astros avoid having to forfeit the picks, which was a possibility had an arbitrator ruled against them and ordered them to sogn Nix. It isn’t known whether he preferred to pitch for them, anyway, bu this point.

RoyalsRetro (AG#1F) Posted: December 15, 2014 at 05:07 PM | 15 comment(s)
  Beats: astros, draft, jacob nix

 

 

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