The Marlins have agreed to terms with second-round pick Mike Stanton, and the deal will be completed once he passes a physical. Stanton signed for $475,000 as the 76th overall pick, for which the draft slot was $418,500. Stanton’s bonus will be spread over four years (though not the usual five) under MLB’s provision for multisport athletes, and MLB calculates the net present value at $442,500.
Stanton was one of the best athletes in the entire draft, a three-sport star at Notre Dame Academy in Sherman Oaks, Calif. He was recruited by Southern California as a wide receiver/linebacker and would have played football and baseball for the Trojans.Â
Stanton’s signing leaves just three second-round picks who haven’t come to terms: Georgia reliever Joshua Fields (No. 69 overall, Braves), Alabama high school first baseman Hunter Morris (No. 84, Red Sox) and California prep catcher Austin Romine (No. 94, Yankees). Morris isn’t expected to sign with Boston, while Romine reportedly already has a deal in place with New York.
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I wonder what rate of return MLB used to calculate the NPV…
Posted by Rod | August 14, 2007 at 4:39 pm | Shortcut