Update: Yankees slotted $3.2M for draft, $2.2M for int’l free agencyBy
6:00pm: Baseball America (no subs. req’d) has the individual slot values for the draft and international pools. The international slots are for used in trades. The Yankees are slotted for $1,018,700 for that 55th overall pick. Their third rounder falls all the way to $585,100.
12:00pm: Via Jim Callis: Bonus pools for the draft and international free agency have increased 1.7% this year. The Yankees have been slotted $3,202,300 for the 2014 draft, the second smallest pool, ahead of only the Orioles. They have also been slotted $2,193,100 for international free agency, which is more middle of the pack (17th most).
The Yankees forfeited their top three draft picks — their first rounder and the compensation picks for Curtis Granderson and Robinson Cano — to sign free agents last winter, so their first selection is in the second round, 55th overall. That may change slightly if Stephen Drew and Kendrys Morales ever get around to signing. That $3.2M pool still gives them enough cash to sign a big money prospect or two, as long as they grab cheap college seniors in rounds five through ten to compensate. They’ve done that the last two years.
Based on what we heard over the winter, the international spending pool is meaningless this year. The Yankees are said to be planning a huge spending spree, upwards of $15M on prospects and then another $15M in penalties. They reportedly have some agreements already in place. If they do spend huge like that, they will not be allowed to sign anyone to a bonus larger than $300k the next two years. That might not matter with an international draft looking more and more likely. The international signing period opens July 2nd.