Update: Yankees slotted $3.2M for draft, $2.2M for int’l free agency

Minor League News: Rosters, Rotations, Releases
Game Two: Bounce Back

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.

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Minor League News: Rosters, Rotations, Releases
Game Two: Bounce Back
  • jjyank

    Now that the season actually started, I actually forgot that Drew and Morales were still unsigned.

    • JGYank

      Hard to see them signing before the draft. Don’t think teams will give up a pick for a couple of months (if that) Drew/Morales.

      • JGYank

        *of Drew/Morales.

      • jjyank

        It’s starting to look that way, yeah.

      • Wicomico Pinstripes

        I could see a team getting nervous about falling out of the race to early and signing Drew. I still think DET signs him once they realize Alex Gonzalez is Alex Gonzalez.

        Morales, on the other hand, has no shot of signing before the draft at this point.

        • JGYank

          They could wait it out for a couple of months, it’s hard to see Detroit fall out of it with their rotation and Cabrera in their lineup while being in the weakest division in the AL. How many wins could having Gonzalez out there cost you instead having Drew out there for 2 extra months before the draft? Besides couldn’t Iglesias make it back by the end of the year?

          • Wicimico Pinstripes

            I wasn’t referring to DET when I spoke of a team falling out of the race early. They are most certainly not going to do that.

            Mostly, I think DET signs him because Mike Ilitch is the owner and he doesn’t seem to care how much of an upgrade it is as long as it’s an upgrade. He’s firmly in a win now no matter the cost state of mind.

    • LK

      It really makes you wonder what Boras is demanding for them. Yes, they have injury concerns, and no, they’re not great players, but most MLB rosters could find a spot for those guys.

  • jjyank

    I’ve been thinking about the strategy of going huge in the international pool. I wonder if the Yankees know more than we do about the possibility of an international draft, possibly increasing their willingness to deal with those penalties.

    Or perhaps they are trying to alternate between go heavy on the draft (like last year) then go heavy on international signings after they sign FA’s and lose the picks. Without delving too far into this, it seems like it could work for a team like the Yankees, at least on the surface.

    • RetroRob

      I’ve thought about that, too. I can see them going big in one year’s draft knowing they only can spend 300K max on any player the following year, but they’d have that restriction for two years. That would give me pause.

      The Yankees to me did make a mistake by not betting more money on international free agents prior to the new CBA. Teams like the Texas Rangers bet heavily and upped their spending prior, the Yankees did not, seemingly playing by the rules and getting nothing for it. They have pretty much admitted that they had the ability to blow the market away on the international side but opted not to do that. With an international draft pending, perhaps they’ve decided not the make that same mistake again.

      Yet how can they be sure if and when that draft is coming? Might be in another two or three years. Or, even if it comes sooner, perhaps there will still be a penalty for ignoring the prior rules.

      So I guess I’ve thought about it, yet I don’t have the answers!

    • I’m One

      I’m sure they’re taking a far more strategic view of this than I am, but with 2 years of penalties on IFA signings, on the surface, alternating years of draft focus doesn’t appear to work.

      • jjyank

        Not in a strict one year on, one year off strategy, no. But the draft picks they’re losing are in exchange for free agents signed to deals longer than one or two years, so it doesn’t have to be such a set regimen.

        I’m not necessarily saying the Yankees should do this, but I think there’s a possibility it could work. It would be nice to get some young talent in our system without forgoing the FA pool for several years.

      • LK

        I think there’s no reason to necessarily link the draft and IFA strategies. It’s not like prospects are on such strict timelines that they need to make sure they acquire some every year. They should take whatever tactic they think will maximize the total talent.

        I can certainly see how this would accomplish that; if you can get (and I’m pulling this out of my ass) 5 elite prospects once every 3 years by breaking the rules that’s better than one every year by playing by them.

      • Pineda Colada

        I personally believe that when they did a farm system evaluation this off season the big talking point was using their financial muscle to provide a talent injection to the system and this is what led to the decision of heavy IFA spending

    • mitch

      I’m sure they have their reasons. The question i have is why they’ve made this oncoming spending spree so public. What’s the benefit to that?

      • jjyank

        I dunno. Maybe they want the international prospects to know their offers will be serious and not just posturing?

      • Need Pitching & Hitting

        So players and their “agents” know the Yankees offers were legit.

        It’s been reported that teams that have exceeded the cap in the past missed out on some targeted players because the “agents” didn’t feel the offers were legit because they didn’t fit under the cap, and those players then moved on to other teams.

      • Pineda Colada

        I read somewhere that agents often don’t believe teams will spend so heavily and by going public with this plan it lends credence to their true intent thus not being overlooked when claiming to have interest in say the top international players

    • Worst Fans In Baseball

      The flaw in that is that the best international prospects are 16 years old, so you can sign as many as you like it still won’t stock the farm in the same way as the draft because most of them won’t even come stateside for a year or two. If anything it would make sense to stock up on international prospects last year so that every level stays stacked.

      But in reality I’m not sure it matters that much.

    • vicki

      the new commissioner may be the wild card. we know where selig came down on the subject, and there have been exploratory committees on the subject for years. some reps from latin america have threatened, basically, “our best athletes could always play soccer.”

  • LK

    Mike (or anyone), has there been any word on how they would handle the logistics of an international draft? It seems like they can barely nail down ages/identities of these guys as it is, so attempting to do so for the whole pool of international players prior to a draft looks like a complete nightmare.

    • jjyank

      Oh I fully expect the first couple international drafts to be a shit storm.

  • TWTR

    I think the late Michael Weiner really messed up with agreeing to the amateur draft pool.

    • Need Pitching & Hitting

      Those players aren’t represented by the union, so they don’t really care. They want more money going to union players, not amateurs.

      • TWTR

        But there might be a “trickle up” effect. IOW, if an amateur gets a big, first contract, that can be used as a benchmark by established veteran players in their negotiations. So I think it’s possible that the MLBPA was short-sighted.

  • BTG

    If they sign Drew and forfeit their Round 2 pick, does the slot money get adjusted to reflect that?

    • Need Pitching & Hitting

      yes

  • EndlessJose

    If I was a team with a protected pick than I would get Drew and forfeit my second round and than trade him to another team like the mets have done.

  • Joe

    Mike:
    Are you going to do draft prosepct profiles or is it too hard with no first round pick?

    • http://www.riveraveblues.com Mike Axisa

      Still planning to do them.

  • emac2

    Given the limits, even maxing out every third year works compared to one good player at most every year.

    I wonder if they will trade all of their international allowance since they aren’t worried about the penalties.