Via Jim Callis, the pool for the first ten rounds of the draft is closer to $180M than the $200M that was reported last week. It doesn’t sound like a big difference, but it basically means each team will have ~$667k less to spend next draft. The Yankees have signed guys like Graham Stoneburner, Mark Melancon, and Dante Bichette Jr. for close to that amount in recent years.
Furthermore, Callis also says that if teams do not sign a pick, they will not be able to allocate that pick’s money elsewhere. There had been some speculation that clubs with extra picks would simply not sign one of their first rounders, then redistribute the money to get better players with their remaining extra picks. Teams won’t be able to do that, apparently. This new setup is about as close to hard slotting as you can get without actually implementing hard slotting.