Two more first-rounders have come to terms this week, with Daniel Moskos signing with the Pirates on Tuesday and and Joe Savery inking with the Phillies today. Moskos, a Clemson lefthander selected fourth overall, received a $2.475 million bonus. Savery, a Rice lefty who went 19th overall, agreed to a $1,372,500 bonus.
Both Moskos and Savery signed for the exact slot recommendation made by Major League Baseball, which represented exactly 90 percent of the value for that slot in 2006. All 15 first-round picks who have come to terms have signed for slot money or less, and all of those slots have represented a 10 percent reduction from the 2006 slots.
The lower slots have meant slower signings in the first round. While 15 first-rounders remain unsigned in 2007, a year ago at this time just five of the top 30 picks hadn’t officially signed. And one of those five, Ian Kennedy, had agreed to terms weeks earlier, but the Yankees delayed announcing his signing.
MLB recommends specific bonuses for every pick in the first five rounds, and none of the players who has signed in those rounds so far this summer has received more than slot money. In fact, only two players are known to have exceeded slot: shortstop Fernando Cruz (Royals) and Michael Fisher (Braves), both sixth-rounders.
Players drafted after the fifth round aren’t supposed to exceed the final slot in that round, which this year was $123,300. Both Cruz and Fisher signed for $125,000—a whopping $1,700 over slot.
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Lowering the slots a full 10% in one year seems unjustified. Neither MLB revenues nor inflaction was -10% last year. The system is broken. Essentially you’ve got 4 teams (Yankees, Red Sox, Angels and Cubs) who have no problem just ignoring the slot recommendations. If the system was unfair, now its MORE unfair. Its time for the MLBPA to insist on collectively bargaining away the recommendations that only apply to the other 26 teams.
Posted by Squire | July 20, 2007 at 1:04 am | ShortcutI’ve heard that there’s a bit of a backup at the commish’s office on the paperwork for those who have gone over slot, so that might explain things as well.
Posted by b | July 20, 2007 at 11:23 am | Shortcut