May
27

2009 Draft: MLB cuts slot bonuses 10%

By

Via Baseball America, Major League Baseball will reduce it’s recommended slot bonuses for 2009 by ten percent across the board. MLB also reduced slot money by 10% back in 2007, fearing that the new August 15th signing deadline would give players increased leverage in contract negotiations. Slot for the Yanks’ first pick, #29 overall, was expected to be around $1.25M, but will now be approximately $1.125M. Slot money for the 76th overall pick goes from $530,000 to $477,000, give or take a couple thousand dollars.

Categories : Asides, Draft

40 Comments»

  1. V says:

    And this is going to keep the Yankees from paying Purke $4-6M?

    Nope.

  2. Bo says:

    The slot money thing is a joke. Whatever team abides by it does a disservice to their organization. it is such a clear advantage for the teams going over. ie porcello. he would have been the top pick. the tigers, coming off a world series, get the best hs pitcher. they should either negotiate a slotting system with the union or abandon the farce.

  3. pat says:

    This whole system is such a joke. An even bigger joke is that some teams use it.

  4. Whizzo The Wize says:

    Whizzo predicts as much adherence to the slot system as a 55 mph sign on the Turnpike gets.

  5. Jamal G. says:

    Yankees and Red Sox representatives on the conference call where the slot reduction was made aware: “Yeah, that’s nice, can I go now?”

  6. V says:

    Btw – via BaseballProspectus – http://baseballprospectus.com/.....cleid=8950

    They have the Yankees getting Gaby Sanchez for $3M. More likely to stick at catcher, but not as good of a bat as Jesus Montero.

    Also says the Yankees (and everyone else) might get into a bidding war with the Pirates for Miguel Sano (Pirates currently the faves).

    Also hints at a couple of Cubans ticketed to ‘the same big-market ballclub’.

    Has scouting reports, etc. (btw, if you’re not a subscriber to BP, you’re missing out).

  7. [...] Yanks’ top pick Slade Heathcott is seeking “upwards of $2 million.” After MLB reduced their recommendations by 10% this year, slot money for the 29th overall pick became $1.107M. For all intents and purposes [...]

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