Mitch Keller Receives $1 M From the Pirates

Yesterday we learned that second round pick Mitch Keller had agreed to terms with the Pittsburgh Pirates. Today, Jim Callis reports that the bonus Keller received was for $1 M.

The slot value for the second round pick was $886,800. So Keller received a deal that was $113,200 over slot. The Pirates signed Cole Tucker to a deal that was $125,500 under slot, so that deal helped pay for this one.

Yesterday we ranked Keller as the tenth best prospect in the farm system. He’s expected to start his career in the GCL. By signing the deal, Keller passed up on his commitment to attend UNC.

The Draft Pick Signing Tracker has been updated with the new total. The Pirates still have $59,100 remaining for over-slot deals without penalty, or $405,211 remaining if they want to go over their bonus pool and incur a tax on the overage.

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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  • Brian O’Donnell

    Tim, Do you consider this good value?

    • http://www.piratesprospects.com/ Tim Williams

      Yeah, it’s a fair price. He had a strong commitment, and was a top prospect and good value where he was picked.