How Scott Boras Got Carter Stewart’s Groove Back
ESPN’s Jeff Passan was first with the full details about Eastern Florida State College RHP Carter Stewart’s (our 56th-ranked prospect for next month’s 2019 draft) shocking signing with the Fukuoka SoftBank Hawks of Japan’s Pacific League. Stewart will receive $7 million over the next six years, enabling him to qualify for MLB free agency at age 25 (through the new tiered posting process) when the deal ends, provided he plays in the Pacific League in parts of all six years.
There are a number of impactful outcomes from this deal, so I’ll take them one at a time:
1. This is surely more money than Stewart could’ve gotten through the draft and MLB path over the next six years.
Passan and J.J. Cooper took a stab at projecting Stewart’s earnings over the next six seasons in America, and I’ve come to the same conclusion. Charitably projecting roughly $2 million in a draft bonus, something like $20,000 to $30,000 in total minor league salaries (depending on how quickly he gets to the big leagues), and something between $750,000 and $1.8 million in the big leagues (again, depending on when he gets there and if he stays). The rosiest versions of those numbers doesn’t even get Stewart to $4 million, which is still about $1 million less than the slot value ($4.98 million) at the pick where he didn’t sign with the Braves last year, roughly what he could’ve expected without the dispute over his wrist.
2. This sets up an alternative path for draft prospects to gain negotiating leverage, likely starting with next month’s draft.
Going overseas for six years and then coming back to a free agent payday is only a move that an elite prospect that’s solely focused on baseball and somewhat culturally open-minded would approach, so this won’t be a negotiating tactic for the whole draft. For prep or first-year junior college prospects projected for the top two rounds, however, this could be a real bargaining tactic, even if it’s never fully explored by the player. Read the rest of this entry »