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Saturday, July 13, 2019

Draft signing deadline: Who signed, who didn’t?

The only two players in the first 10 rounds who did not sign pro contracts were Rangers seventh-rounder Brandon Sproat and Cubs ninth-rounder Wyatt Hendrie. A right-hander from Pace (Fla.) High, Sproat is committed to Florida. Hendrie, a catcher from Antelope Valley (Calif.) JC, would play at San Diego State next spring.

The total of two unsigned players from the first 10 rounds matched the record low set in 2016.

The 30 teams combined to spend $316,560,984 on Draft bonuses, eclipsing the record of $294,648,102 set last year. The 34 first-rounders signed for an average of $3,791,729, second all-time to the $3,880,723 average in 2017. No. 1 overall pick Adley Rutschman’s $8.1 million bonus from the Orioles was the largest in Draft history, surpassing the $8 million the Pirates gave 2011 No. 1 overall pick Gerrit Cole.

RoyalsRetro (AG#1F) Posted: July 13, 2019 at 07:40 AM | 11 comment(s) Login to Bookmark
  Tags: draft

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   1. Walt Davis Posted: July 13, 2019 at 05:55 PM (#5861659)
Not mentioned in the article, but you guys should know that I also did not sign and will still be around here. Blame Boras.
   2. bfan Posted: July 14, 2019 at 01:25 PM (#5861765)
That amounts to a 7.4% increase over last year, which notes was also a record. When ownership is getting flogged over the head with 2 years now of stagnant salaries at the MLB level, how does this growing number all fit in to the labor costs and return on investment discussion?
   3. Meatwad Posted: July 14, 2019 at 01:50 PM (#5861773)
The bonus slots are slightly more each year so every year will set a record.
   4. The Yankee Clapper Posted: July 14, 2019 at 05:36 PM (#5861819)
That amounts to a 7.4% increase over last year, which notes was also a record. When ownership is getting flogged over the head with 2 years now of stagnant salaries at the MLB level, how does this growing number all fit in to the labor costs and return on investment discussion?
The owners’ enthusiasm for bonus payments is directly related to their opportunity to then underpay the recipients for the first 6 years of their MLB career, or longer. Bonus payments aren’t a reason to not address other areas of the compensation system.
   5. RoyalsRetro (AG#1F) Posted: July 15, 2019 at 08:56 AM (#5861892)
A 7.4 percent increase is $700k per team, about the cost of a bad reliever.
   6. bfan Posted: July 15, 2019 at 09:04 AM (#5861893)
A 7.4 percent increase is $700k per team, about the cost of a bad reliever.


Doesn't that say a lot about how much a bad reliever gets paid?

And in any event, there are a lot of bad relievers getting paid 10 times that amount these days, I think.
   7. JJ1986 Posted: July 15, 2019 at 09:16 AM (#5861895)
There were also 3 first-rounders who didn't sign in 2018 (and a very high pick in one of the supplemental rounds).
   8. Bring Me the Head of Alfredo Griffin (Vlad) Posted: July 15, 2019 at 09:28 AM (#5861898)
The bonus slots are slightly more each year so every year will set a record.


Unless a whole bunch of high-profile people don't sign or the sport's overall revenue drops significantly (e.g. from the cable revenue bubble popping, or a big nationwide recession).
   9. bfan Posted: July 15, 2019 at 09:59 AM (#5861905)
There were also 3 first-rounders who didn't sign in 2018 (and a very high pick in one of the supplemental rounds).


do teams get to use the money from those non-signees to other draft choices?
   10. Bring Me the Head of Alfredo Griffin (Vlad) Posted: July 15, 2019 at 10:13 AM (#5861909)
No, if a pick from the first ten rounds doesn't sign, his money is just removed from the drafting team's pool.

They get a comp pick (and the slot money appropriate for it) in the next year's draft.
   11. Never Give an Inge (Dave) Posted: July 15, 2019 at 10:34 AM (#5861911)
That amounts to a 7.4% increase over last year, which notes was also a record. When ownership is getting flogged over the head with 2 years now of stagnant salaries at the MLB level, how does this growing number all fit in to the labor costs and return on investment discussion?

The player compensation numbers that I've seen include minor league signing bonuses. This article has the latest through 2017, while this one also has 2018 but the table presentation in the first one is helpful to look at first.

If you believe those numbers* then the player percentage of revenue, including signing bonuses, was pretty steady at 56-58% from 2006-2018, with a one year blip in 2012 at 53%. In 2018 it declined to 54.8%; I think the expectation is that it will fall again in 2019.

* I'm not sure how to reconcile those revenue numbers with higher figures that I've seen elsewhere. For example, Maury Brown says that MLB made $10.3 billion in 2018, not $9.4 billion. It is possible that a different data source would show a different trend in player compensation as a percentage of revenue, although I haven't seen MLBPA dispute the lower numbers.

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