Pirates Sign 11th Round Pick Erich Weiss to Over-Slot Deal

The Pittsburgh Pirates have agreed to a deal with 11th round pick Erich Weiss, according to Weiss on Twitter.

Weiss had good numbers in his first two years with Texas, then slumped in his junior year, which could have been the reason he dropped out of the top ten rounds. He’s a line drive hitter with gap power, and while he was drafted as a third baseman he has poor range at the position and an average arm. Long term he profiles to have the upside of a utility player.

No word yet on his bonus. Weiss had been playing in the Cape Cod league since the draft.

UPDATE 12:55 AM: Dustin McComas of Orangebloods.com was the first to report the signing earlier tonight.

McComas says he hears the deal is worth $305,000. That would mean the Pirates would be going over their bonus pool. They only have $107,800 to spend on over-slot deals before paying any penalties. That means they could give $207,800 to Weiss (the first $100,000 for each pick after the 10th round doesn’t count towards the pool). The Pirates can spend an additional $435,345 and only pay a 75% tax on the overage. They wouldn’t lose any draft picks in that scenario. So if they’re giving Weiss an extra $100,000, they’re basically paying an extra $175,000 to get him. A $305,000 bonus would make Weiss the eighth highest paid player by the Pirates in this draft. It would be surprising to see Weiss get that much when Nick Buckner and Billy Roth got less than that combined.

WEDNESDAY 4:50 PM: The Pirates confirm the signing of Weiss, who will be assigned to the short-season Jamestown Jammers.

FRIDAY 4:33 PM: Jim Callis confirms the $305,000 bonus.

Tim Williams

Author: Tim Williams

Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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  • http://www.facebook.com/matt.beam.16 Matt Beam

    IMO, This signing makes it clear that Borden will not sign

    • rburgh

      Borden has signed. He agreed to slot a couple of days ago.

  • steve19981

    So does this mean they lost the opportunity for the comp pick?

    • http://www.facebook.com/joe.nader.1460 Joe Nader

      My understanding is they do not lose the ability to earn a competitive balance comp pick. What they do lose is the ability to be eligible to win a comp pick that is generated if another team goes over their 10% taxable slot amount, and enter the forfeited pick area, which won’t happen, so it really costs them nothing.

      • steve19981

        That makes sense. Thank you.

        Provided Borden doesn’t want more than 600K to sign, I don’t know how much this will effect him.

  • Ecbucs

    why draft someone like this in round 11 and go over slot:

    He’s a line drive hitter with gap power, and while he was drafted as a third baseman he has poor range at the position and an average arm. Long term he profiles to have the upside of a utility player.

    • http://battlingbucs.wordpress.com battlingbucs

      Simple, they are going to convert him to a relief pitcher, promote him to the majors and let him due his name proud by showing off his escape artist skills.