44.3 F
Pittsburgh
Thursday, December 8, 2022

MLB Announces Draft Bonus Pools and Slot Amounts

Over the weekend, Major League Baseball announced the draft bonus pools for each team and the slot amounts for each pick in the top ten rounds. The Pittsburgh Pirates will have the 11th highest bonus pool amount.

The Pirates don’t make their first selection until 18th overall in the first round, but they have a compensation pick at 37th overall for not signing Gunnar Hoglund last year, and a competitive balance pick in the 72nd spot, so that helped push them up to the 11th highest bonus pool. The total bonus pool for the Pirates is $9,944,000, though they will go over that amount if they sign all of their early picks.

The bonus pool is the total slot amounts for the first ten rounds only. Teams can exceed it by 5% without getting a major penalty (they pay an overage tax, but don’t lose draft picks). Every pick after the tenth round has a $125,000 slot amount, which isn’t included in the bonus pool. The Pirates could spend up to $14,191,200 this year without losing a draft pick, though the actual figure will be lower because they won’t sign all 42 picks and won’t need to pay slot to every pick after the tenth round.

The Pirates originally had a $10,390,400 bonus pool last year. That number dropped when they were unable to sign Gunnar Hoglund. If you don’t sign a pick in the top ten rounds, you lose that slot bonus as well, which lowers your total bonus pool.

The 18th overall pick has a value of $3,481,300 this year. That’s an increase of $132,000 over the same spot last year. The 37th overall pick is worth $1,999,300 this year, which is $75,800 more than in 2018. The Pirates make their second round selection at 57th overall and that has a $1,243,600 value, giving them three picks worth seven figures.

Here are the rest of the top ten pick values:

72nd overall: $870,700

3rd round: $610,800

4th: $460,000

5th: $343,300

6th: $263,700

7th: $206,500

8th: $168,500

9th: $152,300

10th: $143,900

+ posts

John started working at Pirates Prospects in 2009, but his connection to the Pittsburgh Pirates started exactly 100 years earlier when Dots Miller debuted for the 1909 World Series champions. John was born in Kearny, NJ, two blocks from the house where Dots Miller grew up. From that hometown hero connection came a love of Pirates history, as well as the sport of baseball.

When he didn't make it as a lefty pitcher with an 80+ MPH fastball and a slider that needed work, John turned to covering the game, eventually focusing in on the prospects side, where his interest was pushed by the big league team being below .500 for so long. John has covered the minors in some form since the 2002 season, and leads the draft and international coverage on Pirates Prospects. He writes daily on Pittsburgh Baseball History, when he's not covering the entire system daily throughout the entire year on Pirates Prospects.

SUPPORT PIRATES PROSPECTS

Pirates Prospects has been independently owned and operated since 2009, entirely due to the support of our readers. The site is now completely free, funded entirely by user support. By supporting the site, you are supporting independent writers, one of the best Pittsburgh Pirates communities online, and our mission for the most complete Pirates coverage available.

Related articles

Share article

Latest articles

PIRATES PROSPECTS WEEKLY

Latest comments