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Evolution Of The Bonus Record
June 4, 2005
PRE-DRAFT ERA
Reliable information on signing bonuses in the pre-draft era is sketchy, with bonuses often intertwined with a player’s salary, distorted to circumvent rules of the time, or in the case of under-the-table payments, going unreported altogether.
There was no systematic method of paying out bonuses in those days, unlike now when half the signing bonus is generally paid upon approval of the contract and the other half in the next calendar year. In many cases, the top bonuses of the pre-draft period were paid out over several years—10 in the case of Paul Pettit, baseball’s first $100,000 bonus baby.
On the basis of research conducted by Baseball America founding editor Allan Simpson, here is the progression of signing bonus in the pre-draft era, beginning with Dick Wakefield’s $52,000 bonus—the unofficial start of baseball’s bonus era:
| Year |
Player, Pos., Club |
Bonus |
| 1941 |
Dick Wakefield, of, Tigers |
$52,000 |
| 1946 |
Bobby Brown, 3b, Yankees |
56,000 |
| |
Tookie Gilbert, 1b, Giants |
60,000 |
| 1947 |
Curt Simmons, lhp, Phillies |
65,000 |
| 1948 |
Johnny Antonelli, lhp, Braves |
75,000 |
| |
Frank House, c, Tigers |
75,000 |
| 1950 |
Paul Pettit, lhp, Pirates |
100,000 |
| 1951 |
Ted Kazanski, ss, Tigers |
100,000 |
| |
Billy Joe Davidson, rhp, Indians |
100,000 |
| 1952 |
Marty Keough, of, Red Sox |
100,000 |
| 1957 |
John DeMerit, of, Braves |
100,000 |
| |
Bob “Hawk” Taylor, c, Braves |
112,000 |
| 1958 |
Dave Nicholson, of, Orioles |
120,000 |
| |
Denis Menke, ss, Braves |
125,000 |
| 1960 |
Danny Murphy, rhp, Cubs |
130,000 |
| |
Randy Hundley, c, Giants |
132,000 |
| 1961 |
Bob Bailey, ss, Pirates |
175,000 |
| 1964 |
Rick Reichardt, of, Angels |
205,000 |
DRAFT ERA
Here's how the bonus record evolved in the draft era, beginning with the $100,000 bonus the Athletics paid to Rick Monday, the first pick in the first draft. The figures represent bonuses in real dollars, with no regard to benefits from college scholarship plans or incentive bonus plans—or guaranteed bonus money in the cases when a player signed a major league contract (denoted with an asterisk). The list considers only players who signed with the clubs that drafted them and does not include the four loophole free agents from 1996—most notably Diamondbacks first baseman Travis Lee, who set a bonus record by signing for $10 million, or Devil Rays righthander Matt White, who quickly broke it when he signed for $10.2 million.
| Year |
Player, Pos., Club (Round) |
Bonus |
| 1965 |
Rick Monday, of, Athletics (1) |
$100,000 |
| 1975 |
Danny Goodwin, c, Angels (1) |
125,000 |
| 1978 |
Kirk Gibson, of, Tigers (1) |
150,000 |
| |
*Bob Horner, 3b, Braves (1) |
162,000 |
| 1979 |
Bill Bordley, lhp, Giants (1#) |
200,000 |
| |
Todd Demeter, 1b, Yankees (2) |
208,000 |
| 1988 |
Andy Benes, rhp, Padres (1) |
235,000 |
| 1989 |
Tyler Houston, c, Braves (1) |
241,500 |
| |
*Ben McDonald, rhp, Orioles (1) |
350,000 |
| |
*John Olerud, 1b, Blue Jays (3) |
575,000 |
| 1991 |
Mike Kelly, of, Braves (1) |
575,000 |
| |
Brien Taylor, lhp, Yankees (1) |
1,550,000 |
| 1994 |
Paul Wilson, rhp, Mets (1) |
1,550,000 |
| |
Josh Booty, 3b, Marlins (1) |
1,600,000 |
| 1996 |
Kris Benson, rhp, Pirates (1) |
2,000,000 |
| 1997 |
Rick Ankiel, lhp, Cardinals (2) |
2,500,000 |
| |
Matt Anderson, rhp, Tigers (1) |
2,505,000 |
| 1998 |
*J.D. Drew, of, Cardinals (1) |
3,000,000 |
| |
*Pat Burrell, 3b, Phillies (1) |
3,150,000 |
| |
Mark Mulder, lhp, Athletics (1) |
3,200,000 |
| |
Corey Patterson, of, Cubs (1) |
3,700,000 |
| 1999 |
Josh Hamilton, of, Devil Rays (1) |
3,960,000 |
| 2000 |
Joe Borchard, of, White Sox (1) |
5,300,000 |
#January draft
Beginning with Bo Jackson, who broke the existing draft record in 1986 by signing a major league contract that guaranteed him $1.066 million over a three-year period, here’s the progression of record major league deals signed by drafted players, with the amount of the contract and bonus payment noted.
| Year |
Player, Pos., Club (Round) |
Contract |
Bonus |
| 1986 |
Bo Jackson, of, Royals (4) |
$1,066,000 |
$100,000 |
| 1990 |
Todd Van Poppel, rhp, Athletics (1) |
1,200,000 |
500,000 |
| 1998 |
J.D. Drew, of, Cardinals (1) |
7,000,000 |
3,000,000 |
| |
Pat Burrell, 3b, Phillies (1) |
8,000,000 |
3,150,000 |
| 2001 |
Mark Teixeira, 3b, Rangers (1) |
9,500,000 |
4,500,000 |
| |
Mark Prior, rhp, Cubs (1) |
10,500,000 |
4,000,000 |
| |
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