The Yankees have signed first-round pick Slade Heathcott for $2.2 million. He was drafted 27th overall, and the MLB recommendation for his slot was $1,107,000.
A two-way star at Texas High (Texarkana, Texas), Heathcott will be an outfielder in pro ball. He has legitimate five-tool potential and recovered from knee and shoulder injuries to come on strong at the end of his high school season. He had committed to Louisiana State.
We’re also hearing that the Yankees have signed second-rounder J.R. Murphy. We’re working to confirm the terms of the deal.
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[...] Jim Callis, the Yankees have signed Slade Heathcott, their first round pick, to a $2.2M bonus. Slot money for [...]
Posted by 2009 Draft: Yankees sign first rounder Slade Heathcott | River Avenue Blues | August 17, 2009 at 10:37 am | ShortcutMan, that’s a lot of money. I guess the Yanks didnt really have a choice though.
It appears that they’re working on a real budget this year. Jim, Do you think this signing has prevented them from giving someone like Lyons what he wanted?
Posted by CountryClub | August 17, 2009 at 10:57 am | ShortcutThe Yankees are going to sign a bunch of players today, but it doesn’t look like Lyons will be one of them. I’ve heard they had a generous budget, but a budget nonetheless.
Posted by Jim Callis | August 17, 2009 at 11:05 am | ShortcutI noticed catcher Jeffrey Glenn’s name was bolded on the list of first 10 round draft picks, meaning he was signed.. but I haven’t seen a report on it.. Jim can you confirm?
Posted by NM | August 17, 2009 at 11:20 am | ShortcutA source has confirmed Glenn’s signing. No bonus info yet, though.
Posted by Jim Callis | August 17, 2009 at 11:29 am | ShortcutHi Jim,
I’m wondering why you think the Yanks won’t be signing Lyons today? Do you know what he’s asking for?
It would disappoint me greatly if the Yanks got cheap with a guy that had a great summer on the Cape.
Posted by MJ | August 17, 2009 at 11:32 am | ShortcutMJ – Lyons has, IIRC, made comments to that effect himself. Check out the (very good) nomaas draft blog for info on other NYY guys.
Posted by Petey Pablo | August 17, 2009 at 11:43 am | ShortcutGood tip, thanks Petey Pablo.
PS – According to the nomaas blog, it seems like the Yanks are going to let Lyons go back to college over $500K. While I philosophically understand the concept of “budget”, I don’t see how the Yanks could get frugal over $500K. Seems silly to me to draft someone, watch him do well in Cape Cod and then send him back to school over half a million bucks…
Posted by MJ | August 17, 2009 at 12:04 pm | ShortcutRe Lyons: I think it’s fair to say his asking price is $500,000, and I’m with you that the Yankees should have more money than they know what to do with. But sounds like they’ve hit their draft budget ceiling (with more late-rounders to be announced during the day).
Posted by Jim Callis | August 17, 2009 at 12:06 pm | ShortcutThey have a 200 million dollar plus payroll,they spend more money on the draft and the internatioal circuit combine then any team.mlb enough already.When is this going to end.Only in mlb this happens.I hear the Yankees are also going to sign Chapman as well.
Posted by Jack | August 17, 2009 at 12:06 pm | ShortcutThanks for your reply Jim!
It kills me as a Yankee fan to think that they could spend $50M on Carl Pavano without batting an eye but will let Lyons walk over 0.1% of that amount. I like Cashman but his logic is backwards sometimes.
Posted by MJ | August 17, 2009 at 12:19 pm | ShortcutThe Yankees painted themselves into a corner where they had to pay through the nose to hold on to their top 2 choices, and their top draftees were confident that the Yankees would break down and do so. Frankly, as a Yankees fan, I would have preferred that they had passed on Heathcott and signed 5-6 of the signability cases instead. That would have sent a message to future draftees that the Yankees can be pushed only so far. I predict that the Yankees behavior this year will only encourage more greed in future picks, and by 2015 the Yankees draft budget will only cover the top 5 draftees.
Posted by Gary R. | August 17, 2009 at 12:27 pm | ShortcutGary, the Yanks can sustain an additional $500K for Lyons, irrespective of how far over slot they may have gone for Heathcott and Murphy.
Come on, we’re watching the A’s blow their money around on international signings and draft picks and the Yanks are getting cheap on a 10th round pick with 2nd-to-4th round talent?
Posted by MJ | August 17, 2009 at 12:33 pm | ShortcutOh, I’m with you, MJ, but apparently the Yankees are not. They set a fixed budget, allowed the top two guys to hold them up, and ended up with nothing left in their budget for a nice $500K pickup like Lyons.
Posted by Gary R. | August 17, 2009 at 12:50 pm | ShortcutMaybe they just dont like Lyons and dont project him to be a future starter.
Posted by Pete A | August 17, 2009 at 12:53 pm | ShortcutMaybe they just dont like Lyons and dont project him to be a future starter.
———
I’m not sure we can make that logical conclusion. It’s hard to say that they look at him and don’t like his projectability based on the fact they drafted him and then watched him toss 45.2 IP, 44 K, 1.77 ERA, 0.94 WHIP, .210 BAA in the Cape this summer.
I guess anything’s possible but this just seems like the Yanks are operating backwards again.
Posted by MJ | August 17, 2009 at 1:05 pm | ShortcutIt appears they paid Heathcott and Murphy more then any team in baseball would have {considering Heathcott had no place to go – scholorship was rumored to have been withdrawn and Murphy was seen as a BIG reach in the 2nd round} . The Yanks used up most of their budget over-paying 2 guys who had no place to go. WOW!!!!
Posted by Mark | August 17, 2009 at 1:32 pm | ShortcutJim, I have a question that probably gets asked a lot during this time of the year, why do NCAA regulations allow an amatuer player to sign with an agent and then attend school if they don’t sign? I’m assuming that baseball is the only sport where this is allowed. Also, does that mean said player who returns to school is still property of said agent? Like lets say Donovan Tate doesn’t sign and goes to UNC, would he still be a Boras Corp. client?
Posted by Joshua | August 17, 2009 at 2:30 pm | ShortcutPeople like Scott Boras are only classified as “advisers” for their clients until they sign with a MLB team, at which point they become the agent for the player. As long as the player receives only advice, the player is still eligible to compete in college.
Posted by FullertonBaseballFan | August 17, 2009 at 3:28 pm | ShortcutThe events of today concerning Heathcott and Murphy does not surprise me. When it comes to the draft they talk out of both sides of their collective mouths. Although Cashman says they have put more of a priority and premium on the draft, however when it comes to actually showing that committment, they act more like the Kansas City Royals than the New York Yankees. They tighten the purse strings mismanage negotiations as in the Michael Inoa failed signing and today with not using their levarage with Heathcott. Also another puzzling move involving the Yankee draft, prior to the draft they absolutely loved David Renfroe, so come the draft they pass over him twice and let the red Sox scoop him up. I still believe that as far as the draft goes they will spend up to a moderate point, and save their “bulletts” for free agency to acquire established veteran players.
Posted by Pat | August 17, 2009 at 5:14 pm | Shortcut