Jim Callis has some more draft details at Baseball America:

-The draft has been reduced from 50 to 40 rounds. Most of the 41-50 picks are used on organizational players, or go towards prep players who aren’t willing to sign.

-Any attempt to circumvent the draft cap is “expressly prohibited”.  That ends any chance of signing a player to an under-the-table deal which would pay the player more after the draft.

-Callis clarifies that even though a team loses the cap value of a player if he goes unsigned, the team still keeps the difference between the bonus and the value if the player is signed to a below slot price.

-If a player fails a physical, and the team fails to offer him 40 percent of his slot value, the player becomes a free agent.  The team’s draft cap would be reduced by his slot value.

-The 2012 deadline will be on July 13th.  The deadline has been moved from midnight to 5:00 PM EST.

-Here’s some good news.  Teams can announce signings as they happen, rather than waiting for MLB to sign off on the move.  MLB removed their draft-support program, which was used to strong-arm teams into delaying over-slot announcements.  The Pirates have lost a few over-slot players because of this, including Dace Kime in 2009.

-Lottery picks can be traded, but can only be traded during the season, and not in the off-season.  Picks can only be traded by the team who originally had the pick.

-Teams get an extra year of protection for not signing a pick in the first three rounds.  A team used to get a compensation pick the following year, but it was unprotected, meaning they had to sign that player or get no further compensation.  The compensation pick in year two will now be protected.

-Teams no longer have to tender a contract within 15 days of the draft.

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13 COMMENTS

  1. @Tim you OK benn fairly quiet around here today? Gearing up for my favorite week of the year? So much Andrew Bailey talk. Every suitor he has Neal should be all over.

    • I’ve been reading the comments as they’ve come through my inbox, but I’m working on finishing up the Prospect Guide. Fortunately it’s been a slow news day, giving me a lot of time to get things wrapped up.

  2.  I think the the protection for the picks in the first three rounds is important. In a shallow draft harder to sign players taken in the first three rounds who don’t sign means stacking picks for the next year or two. Are the supplemental draft picks and the lottery picks protected too? A team could really rack up some picks.

  3. This may come out convoluted, but: One must assume that since picks continue to be protected against the guy not signing (and for an additional year), a team is allotted the slot values for all the picks they have in a given year, including the previous year’s ‘protection’ picks, right?

    So could, for example, the Pirates, draft a guy in 2012 that they have no intention of signing, get the subsequent pick in 2013 along with whatever pick they ‘earn’ in 2012, and then, essentially draft a pick-appropriate guy with one 1st-rounder, and a guy they see as, say, a late 2nd-round talent with the other, offer him late 2nd-round-talent-type money, go over slot on a couple 2nd- and 3rd-round picks, and, depending on what that 1st-rounder does, either fit everyone in under their cap or have another compensatory 1st-rounder in 2014?

  4. I’m Josh Bell.  I want 6 million dollars and just turned 18.  The most I get is 2.5 million as the 15th overall pick.  I want the money.  Can I move to Mexico, somehow get a citizenship, and declare myself an international free agent and be able to get my 6 million?  I’m sure a lawyer could figure that one out given the difference in pay.

  5. -Here’s some good news.  Teams can announce signings as they happen,
    rather than waiting for MLB to sign off on the move.  MLB removed their
    draft-support program, which was used to strong-arm teams into delaying
    over-slot announcements.  The Pirates have lost a few over-slot players
    because of this, including Dace Kime in 2009.

    I think we are about to see teams hold signings closer to the vest than previously actually.  By announcing signings, a team could put itself in a position where the last person to sign needs to go underslot or they will go over their cap, even to the point of losing draft picks.  This will give the last player tremendous leverage.  If I were that player, I would say, “Sign me for 1.5x slot.  You are going to lose a draft pick anyway, don’t lose signing me in addition to losing the draft pick.”

    • I don’t see teams getting in to that situation. I think this new system eliminates most opportunities to go over-slot. If the Pirates have $7 M to spend, they can only go over-slot by $349 K before they start losing picks. The only way to make up that money from one player would be to go under-slot on an early round pick. I don’t think we’re going to see the same situation as before where the more talented players get drafted in the 6th and the team drafts slot or below slot guys earlier. I think the talented players will be drafted earlier, thus no need to go over-slot later in the draft and no need to make up for going over-slot.

    • Well it’s not all draft picks.  It’s only draft picks acquired via the “competitive balance” lottery.  That’s a total of 12 picks per year, 6 between the 1st and 2nd round and 6 between the 2nd and 3rd round. In addition, those 12 picks CANNOT simply be traded for cash, so a team will be unable to buy picks, and thus additional dollars to spend, with money.  It will have to trade prospects to acquire extra picks.

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