2014 Draft

Pirates Sign Gage Hinsz For $580,000

Pirates Sign Gage Hinsz For $580,000

The Pittsburgh Pirates have signed right-handed pitcher Gage Hinsz to an over-slot deal, according to Jim Callis.

https://twitter.com/jimcallisMLB/status/485920567963295746

Hinsz was an 11th round pick out of high school, and was able to command a high bonus. Any pick after the 10th round can receive up to $100,000 before counting against the bonus pool. Any amount over that first $100,000 counts towards the pool. Hinsz was signed for $580,000, which means only $480,000 counts towards the bonus pool.

The Pirates had $131,300 remaining in their bonus pool, although they're able to go up to 5% over their bonus pool without losing a future draft pick. They went right up to the limit, as 5% amounts to $484,485 total that they could have spent. The Pirates only have $4,485 remaining before they'd lose a draft pick, which means they're likely done signing picks. The Pirates will have to pay a fine on the overage, paying a 75% tax on the amount above their bonus pool. Their fine is a...

This content is for Pirates Prospects subscribers only. Subscribe today to access all of our daily coverage of the Pirates' system, with rates lower than $2.25 per month. If you're already a member, you can log in below.

2014 Draft
@http://twitter.com/timwilliamsp2

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.

More in 2014 Draft

Baseball America’s 2014 Pirates Draft Report Card

John DrekerOctober 20, 2014
Gage Hinsz was one of the best ranked players selected after the 10th round of the 2014 draft. Photo Credit: Mike Farnham

Gage Hinsz Named Top Late-Round Draft Pick By Baseball America

John DrekerOctober 17, 2014
2014-Draft

The Penalty Teams Are Willing to Pay in the Draft

Tim WilliamsJuly 28, 2014
2014-Draft

The New Draft Rules Are Backfiring

Tim WilliamsJuly 16, 2014
The Pirates selected Tucker in the first round of the 2014 draft.

First Pitch: The Pirates 2014 Draft is Making More Sense

Tim WilliamsJune 30, 2014
PNC Park in Pittsburgh

Pirates Agree With 26th Round Pick Jerrick Suiter

Tim WilliamsJune 24, 2014

Pirates Prospects is an independent media outlet, and is in no way affiliated with the Pittsburgh Pirates, their minor league affiliates, Major League Baseball, or Minor League Baseball.

Copyright © 2015 Pirates Prospects