We’ve already reported that despite MLB slashing bonus recommendations by 10 percent across the board, as well as implementing rule changes it believed would give clubs more leverage, bonuses increased in the first round this year. The 2007 crop averaged $2,098,083 in bonuses, up 9 percent from 2006 ($1,933,333) and trailing only 2001 ($2,154,280) and 2002 ($2,106,793) in draft history. After doing some more number-crunching today, we discovered that bonuses were up through the first five rounds–the rounds completely slotted by MLB. This year, there were 184 picks in the first five rounds. Their slots averaged $568,944, down 10 percent from the top 184 choices in 2006 ($631,870). Yet the 2007 group signed for bonuses averaging $685,328, up 3 percent from a year ago ($662,531). On average, the 2007 picks signed for 20 percent over slot. Their 2006 counterparts signed for 5 percent over slot.
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While I agree with you about the absurdity of MLB’s system, there is another way to look at the numbers. Using your handy chart of bonuses at slot from this year vs. last, the numbers break down like this: In the first and supplemental first round, Signed for OVER last year’s bonus at same slot: 9; Tied: 2; Signed for UNDER last year’s bonus at slot: 52. Your averages are completely skewed by the huge differential at slot in bonuses for Price, Weiters, Porcello, and Brackman. I think the 26 teams that did not pony up for these guys will be quite happy that they paid a lower first round bonus than last year.
Posted by Paul | August 17, 2007 at 12:17 pm | Shortcut