Aug 19, 2011, 1:20 PM EST
Jim Callis of Baseball America crunched the numbers for the past five drafts and reports that the Pirates led all MLB teams in spending by handing out $52 million in total signing bonuses.
Much of that has to do with having the No. 1 pick once, the No. 2 pick twice, and the No. 4 pick twice during that five-year span, but this year for example the Pirates also shelled out $5.5 million on consensus top-10 talent Josh Bell after he dropped to them in the second round because of high bonus demands.
Joining the Pirates in spending more than $50 million during the past five drafts is the Nationals at $51 million, much of which went to back-to-back No. 1 overall picks Stephen Strasburg and Bryce Harper.
Boston ranks fourth in 2007-2011 draft spending at $40 million despite not having any top-10 picks, which shows that the Red Sox are taking significant advantage of other teams passing on top prospects due to bonus demands. Similarly the Yankees have spent $34 million on draft picks since 2007, which is well above the “slot” recommendations for where their actual picks have been.
At the other end of the spectrum the White Sox spent just $18 million and the next-lowest team, the Marlins, spent $21 million. You can see the full breakdown by clicking here.
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