Reds and Mets Game the MLB Draft System
Baseball teams continue to search for whatever edge they can find when it comes to bringing cheap, talented players into their organizations. The draft is one of the easiest ways for teams to accumulate talent, as clubs take turns picking the best amateur players in the country, and the Commissioner’s office, as authorized by the CBA between the players and owners, tells teams how much they are allowed to spend. Most amateur players have very little leverage, and generally sign for the recommended slot amount. Because individual draft picks receive a slotted amount, but teams are allowed to spend their entire draft pool in whatever manner they choose, money often gets moved around pick-to-pick, with those players with less leverage receiving much less than the slot amount for their pick while those players with some leverage getting quite a bit more. This year, the Reds, Mets, White Sox, and Marlins all appear to be moving significant money around in an effort to manipulate the draft system to their benefit. Is it worth it though?
While every team moves money around in the draft, these four clubs stood out for drafting hard-to-sign prep players in the early rounds, then taking college seniors with multiple picks later in the first 10 rounds. Presumably, the college senior picks will sign for amounts significantly under their slot value (you can find all the slot values here), meaning the savings can be used to sign the prep players who threatened to go to college if their bonus demands are not met. Here are the teams, players, slot amounts, and the number of senior signs for each team.
Team | Player | Pick | Slot | Senior Signs |
---|---|---|---|---|
White Sox | Andrew Dalquist | 81 | $755,300 | 6 |
Reds | Tyler Callihan | 85 | $710,700 | 3 |
Mets | Matthew Allan | 89 | $667,900 | 7 |
Marlins | Evan Fitterer | 141 | $390,400 | 7 |
All four players are likely to require more than their draft slot provides in order to sign a contract with their drafting teams. Tyler Callihan has reportedly agreed to a deal for $1.5 million. Allan is rumored to have an asking price of about $3 million, which might be why the Mets selected seniors with seven picks in the first 10 rounds. The slot for Evan Fitterer is pretty low, requiring the Marlins to make sacrifices with many of their subsequent picks. We don’t yet know exactly what it will take to sign all of the players listed, but we do have an idea of how much value teams gave up in later rounds, as well as the expected value of the players who were picked. Read the rest of this entry »