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.
- Video: Kris Bryant hits a grand slam as part of a two-homer, six-RBI night 3
- Stephen Strasburg exits start with tightness in left side 9
- In the wake of the Miguel Cabrera injury the Tigers have few good options 17
- Mets general manager Sandy Alderson says Terry Collins’ job is safe 11
- Calf injury sends Miguel Cabrera to the disabled list for the first time in his career 7
- Settling the Score: Friday’s results 27
- Rangers designate Neftali Feliz for assignment, activate Matt Harrison 9
- Anibal Sanchez loses his bid for a no-hitter with one out in the eighth inning 11
- Settling the Scores: Sunday’s results (99)
- Mike Scioscia says Josh Hamilton should apologize to Angels owner Arte Moreno (90)
- What Yasiel Puig being a pain in the butt means. And what it doesn’t mean. (78)
- Report: Jerry Dipoto “definitely out” as Angels GM (77)
- Brian Dozier is the best second baseman in baseball (72)