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Nationals go over slot, sign Lucas Giolito for $2.925 million

Jul 13, 2012, 5:07 PM EDT

lucas giolito

Just seconds before today’s 5:00 p.m. eastern time deadline the Nationals and No. 16 overall pick Lucas Giolito agreed to a $2.925 million bonus, according to Jim Callis of Baseball America.

Giolito was in the mix for the No. 1 overall pick before an elbow injury ended his season and questions about the California high school right-hander’s bonus demands likely caused him to drop even further, but the Nationals happily snatched up one of the draft’s highest-upside prospects in the middle of the first round and worked out a deal.

Slot value for the 16th pick was $2.125 million, so drawing things out until the last second earned Giolito an extra $800,000 and by going over their allotted budget the Nationals will have to pay a tax. They will not, however, have to forfeit a draft pick next year, which is something general manager Mike Rizzo insisted all along they were unwilling to do.

  1. redguy12588 - Jul 13, 2012 at 5:08 PM

    Good for the Nationals, seems like everything does nowadays.


    Bitter Pirates fan.

  2. paperlions - Jul 13, 2012 at 5:12 PM

    Is it confirmed that Gausman and Appel have not signed? Or is it possible that confirmation is forthcoming?

    • redguy12588 - Jul 13, 2012 at 5:18 PM

      Appel is going back to Stanford.


      • paperlions - Jul 13, 2012 at 5:26 PM

        Sorry man. That sucks.

      • natslady - Jul 13, 2012 at 5:32 PM

        That is really too bad for the Bucs. It was a good try. You have to think they will change the system, it’s not working as intended, that’s for sure.

      • Jeremy T - Jul 13, 2012 at 6:12 PM

        I remember hearing a Pirates fan (forget who it was, but some writer who specializes in minor leaguers I think) on Fangraphs Audio predicting pretty much this exact situation back with the new CBA was announced. Pittsburgh was especially hurt because they were a small market team that actually was willing to spend money on the draft…

    • natslady - Jul 13, 2012 at 5:29 PM

      According to Twitter Gausman signed.

  3. natslady - Jul 13, 2012 at 5:19 PM

    Scott Boras is not Giolito’s advisor. CAA is.

    • natslady - Jul 13, 2012 at 5:28 PM

      So I get a thumbs down for making a factual correction??? Sheesh.

      • schlom - Jul 13, 2012 at 5:31 PM

        Don’t ruin the narrative!

    • Jeremy T - Jul 13, 2012 at 6:45 PM

      Did the article mention Boras somewhere?

  4. maynardstool - Jul 13, 2012 at 5:24 PM

    If not Appel is an idiot. He had 6 mill on the table from the Astros and said no. So now he’s going back for his senior year and will have ZERO leverage next year. For a Stanford kid he’s pretty dumb.

    • schlom - Jul 13, 2012 at 5:30 PM

      He never had $6m on the table from the Astros. There may have been discussions and possibly even an informal offer but to say he a $6m contract is just stupid.

  5. randygnyc - Jul 13, 2012 at 5:28 PM

    Nats underachievement in recent years has allowed them to draft some very rare talent in Harper and Stras. Gioilleto on the other hand was a gamble that will, IMO, pay off in the near future. Really, a superb draft pick. The future is bright if you’re a Nats fan.

    • stac266 - Jul 13, 2012 at 5:41 PM

      Completely agree. They’ve built a solid foundation that should make them exciting to watch for quite a while. Good for them and their fans for not trading away all the talent they’ve accumulated.

      • natstowngreg - Jul 13, 2012 at 9:23 PM

        Actually, Rizzo did trade away some of the talent he accumulated, to get Gio Gonzalez. That’s worked out well thus far.

    • joecool16280 - Jul 13, 2012 at 5:51 PM

      Yeah, as a Giants fan who lives in DC I can’t get enough of this team.

      • joecool16280 - Jul 13, 2012 at 5:53 PM

        Rizzo is an excellent GM and I would gladly take him over Sabean.

      • voteforno6 - Jul 13, 2012 at 8:19 PM

        As a Nats fan, I think that Rizzo has done a good job as G.M. Growing up a Twins fan, I was thrilled with Sabean for making the A.J. Pierzynski trade. Part of me thinks that Sabean got back at the Twins by signing Barry Zito to that ridiculous contract, just so they were priced out of signing Johan Santana to an extension.

    • Jeremy T - Jul 13, 2012 at 6:16 PM

      Yeah the Nats seem to be following the Rays example of drafting high for a few years, followed by drafting smart for a few years after that. Even as a Yankee fan, it’s been fun to watch in Tampa. I’m looking forward to watching another young talented team grow up together, even more so outside of the AL East.

  6. kkolchak - Jul 13, 2012 at 5:56 PM

    Goodness – the rich get richer. Never thought I’d ever say that about the Nats.

    • natstowngreg - Jul 13, 2012 at 9:26 PM

      It does take a bit of getting used to, doesn’t it?

  7. randygnyc - Jul 13, 2012 at 6:01 PM

    I think the jury is still out on Rizzo He gets credit for signing Giolleto and the Gio trade. But anyone would’ve drafted the once in a generation talents of Harper and Strasberg. He still has the werth contract that is a major negative. Let’s see how Rizzo handles an organization after it wins something.

    • kkolchak - Jul 13, 2012 at 6:08 PM

      Just goes to show that you have no idea what you are talking about. Rizzo stole Mike Morse from Seattle for Ryan Langehans, drafted contributing rookies Tyler Moore and Steve Lombardozzi in the 15th and 21st rounds, picked Drew Storen with the Nats other 2009 1st rounder, loaded up with four top ranked picks last year (Rendon, Meyer, Goodwin & Purke), signed Edwin Jackson to a reasonable deal this past offseason, PLUS got Stras and Harper SIGNED after Bowden screwed the pooch on Aaron Crowe in 2008.

      The jury is very much in, and their verdict is that you are a moron who doesn’t even know how to spell, “Strasburg.”

      • Chairman Al - Jul 13, 2012 at 6:16 PM

        Please don’t forget giving Matt Caps to the Twins for Wilson Ramos! He may have gotten hurt this year, but with Clippard and Storen, Capps had no place, and Rizzo got full bang for his buck there.

      • Chairman Al - Jul 13, 2012 at 6:21 PM

        and I know how to spell Capps… I just don’t know how to type.

      • kkolchak - Jul 13, 2012 at 6:41 PM

        That’s okay, Al. Good catch, so to speak. :)

  8. maynardstool - Jul 13, 2012 at 10:10 PM

    Hey schlom, go read the top story on Appel and then tell me whose stupid smartass.

    You should probably know the facts before you run your mouth dont you think?

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