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Draft picks get more money than ever

Posted on: August 17, 2011 3:35 pm
Edited on: August 17, 2011 3:37 pm
 
There was no Stephen Strasburg in this year's draft. There was no Bryce Harper in this year's draft.

If you don't follow the draft closely, there's a good chance you couldn't have named one draft pick the day before the draft. You might not be able to now.

And major-league teams still spent a record amount of money on those picks.

According to Baseball America, bonuses totaled nearly $228 million this year, up from $196 million last year.

What should we make of that?

Bud Selig would no doubt tell you that it's just more evidence that baseball needs a slotting system.

The players union would tell you that the system works, because teams like the Pirates and Nationals can get top-level talent (and pay for it), and players can get paid for their talent.

Some big-league players might say it means baseball is spending more money than ever on players who haven't yet proved a thing at the professional level.

I'd say it means two things:

One, the industry is healthy. Teams can afford to pay big. Top free agents last winter got more than anyone imagined, and th same could happen this winter.

Two, teams understand more and more that spending on draft picks often pays off. Top draft picks turn into All-Stars far, far more often than lower picks. And top draft picks have great value at the July trading deadline.

Whatever it means, it's a record.


Category: MLB
Tags: MLB draft
 
Comments

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Draft picks get more money than ever

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Since: Nov 27, 2011
Posted on: November 27, 2011 11:42 am
 

Draft picks get more money than ever



Tomly
Since: Oct 21, 2011
Posted on: October 21, 2011 5:10 pm
This comment has been removed.

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Since: May 20, 2010
Posted on: August 18, 2011 4:14 pm
 

Draft picks get more money than ever

Major League teams spent more money than ever because this was the DEEPEST draft in years.  Knobler you know this.  Don't just pander to the casual fan by making over statements about economical issues.  There were players selected in the supplemental rounds that would have been top 15 picks in other years. Just because Sports Illustrated didn't feature these athletes doesn't make them irrelevant.  PS - Everyone knows about Bubba Starling. 


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