Aug 17, 2011, 12:48 PM EDT
Note: I’ve corrected some figures that were initially listed wrongly.
Jim Callis of Baseball America reports that the 2011 draft class received a grand total of $228 million in signing bonuses, with their total guaranteed money rising to $236 million once major-league contracts are factored in.
That represents a 16 percent increase over last season, when the 2010 draft class combined for a then-record $196 million in signing bonuses and $202 million in total guaranteed money.
In other words, MLB’s attempt to suppress bonuses by bullying teams into following their “slot” recommendations hasn’t exactly gone as planned. Teams spent $132 million for players signed on the August 15 deadline day alone.
And while $228 million for a bunch of high school and college players sounds like an insane amount of money–and it certainly is, on a player-by-player basis–collectively the draft class will ultimately provide far more value than that to teams during their cost-controlled, pre-free agency seasons. And it would have been $231 million had Tyler Beede not turned down the Blue Jays for Vanderbilt.
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- And That Happened: Wednesday’s scores and highlights 24
- Clayton Kershaw cleared to begin rehab assignment on Friday at High-A Rancho Cucamonga 2
- Michael Pineda ejected in second inning for pine tar on neck, facing a 10-game suspension 131
- Mark Trumbo diagnosed with stress fracture in foot 10
- Josh Lueke is a rapist. How often does that bear repeating? (200)
- Benches clear in Pittsburgh after the Brewers’ Carlos Gomez bat flips a third-inning triple (183)
- “They Don’t Know Henry” (169)
- Michael Pineda ejected in second inning for pine tar on neck, facing a 10-game suspension (132)
- Chipper Jones chimed in on the Carlos Gomez incident (111)