The MLB Signing Bonus Pool for College and High School Baseball Players in the 2014 MLB Draft
The 2014 MLB draft is set for June 5-7. Advantage Link Sports Management provides a look at the Signing Bonus Allotments for each MLB Team.
“The total allotment for the first 10 rounds of the draft is $205,786,400, and teams almost certainly will exceed that amount. The industry spent $219,302,880 in 2013 on signing bonuses, the second-highest total ever but below the more than $228 million laid out in 2011, the last year of the previous Collective Bargaining Agreement,” stated Advantage Link Sports Management CEO Mark Taggatz.
Signing Bonus Pool
Chicago White Sox
Toronto Blue Jays
Kansas City Royals
St. Louis Cardinals
Boston Red Sox
San Diego Padres
San Francisco Giants
Tampa Bay Rays
Los Angeles Angels
New York Mets
Los Angeles Dodgers
New York Yankees
The Astros’ No. 1 selection has a $7,922,100 bonus allotment.
The largest signing bonus in draft history remains the $8 million straight bonus Gerrit Cole received from the Pirates as the No. 1 overall selection in 2011.
The current CBA went into place for the 2012 draft, and MLB for the first time installed bonus pools with penalties for clubs that spend beyond their allotment. No team has triggered the harshest penalties, including forfeiture of future first-round picks, but teams can go over their allotment.
“Going over by 0-5 percent leads to a 75 percent tax on the overage, but anything over 5 percent starts triggering loss of draft picks,” added Taggatz.
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