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MLB announced the results of the competitive balance lottery today, awarding a total of 12 picks to small market, low revenue clubs. Obviously the Yankees did not get one. The full results are right here. It’s hard to understand a system in which the Cardinals are awarded competitive balance picks but not the Rays or Athletics. Anyway, these picks can be traded! Just not in the offseason. What stupid system.

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The Yankees have signed 15th round pick Boston College LHP Andrew Chin, the school announced. No word on his bonus, but it’s unlikely it was more than the $100k slot for post-tenth round selections. Chin had a 3.49 ERA with a 20/14 K/BB in 28.1 innings for the Chatham Anglers in the Cape Cod League over the last few weeks. The Yankees probably saw something they liked this summer and made an offer (or a better one).

Chin, 21, was a fifth round pick out of high school back in 2011 (Blue Jays),¬†though the scouting report isn’t terribly exciting: high-80s sinker with an okay breaking ball and a changeup. He pitched to a 3.10 ERA with a 52/32 K/BB in 14 starts and 78.1 innings for the Eagles this spring. The signing deadline was yesterday afternoon and this morning the Yankees released an official list of their signed picks. They did not sign either Florida HS RHP Garrett Cave (17th round) or Connecticut HS 3B Will Toffey (23rd), their two shot in the dark signability picks. They also didn’t sign Iona RHP Mariano Rivera Jr. (29th). As our 2014 Draft Pool Tracker shows, the team exceeded its $3.2M draft pool by roughly $120k, so they’ll have to pay a small tax.

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Via Jim Callis: The Yankees have signed ninth round pick Vanderbilt SS Vince Conde for $155,000. Slot money for the 272nd overall pick is $146,500. Conde actually played for Short Season Staten Island last night, going 2-for-4 with a walk in his pro debut. He signed so late because Vanderbilt was playing in the College World Series.

Conde, 21, hit .284/.397/.379 with four homers, 15 steals, 41 walks, and 42 strikeouts in 72 games for the Commodores this spring. He’s a no-doubt shortstop long-term with a very good glove, but he doesn’t project to be much of a hitter in pro ball. As you can see at our 2014 Draft Pool Tracker, Conde’s over-slot bonus pushes the Yankees over their spending pool by roughly $120,000. They’ll have to pay approximately $90,000 in tax, assuming no more over-slot signings. The signing deadline is this coming Friday and it doesn’t appear the team will sign Florida HS RHP Garrett Cave (17th round) or Connecticut HS 3B Will Toffey (23rd round), their two late round signability fliers.

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Via Jim Callis: The Yankees have signed eighth round pick UC Irvine 1B Connor Spencer to a a full slot $157,000 bonus. The team’s only remaining unsigned player in the top ten rounds is ninth rounder Vanderbilt SS Vince Conde, who is still playing in the College World Series. You can see all of New York’s picks at Baseball America and keep tabs on the draft pool situation with our 2014 Draft Pool Tracker.

Spencer, 21, hit .364/.451/.476 with 15 doubles and one homerun in 66 games this spring. That’s the only homer he hit in three years with Irvine. In their pre-draft scouting report, Baseball America said Spencer is “simply a hitting machine” and his “sweet lefthanded swing is tailored to use the opposite field and the middle of the diamond.” They also say he controls the strike zone well and is a solid defender at first who has seen some time in left.

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The Yankees have signed seventh round pick Texas OF Mark Payton to a below-slot $45k bonus, according to Max Wildstein and Chris Cotillo. Slot for the 212th overall pick was $212,300 $178,300, so the Yankees saved approximately $133k against the draft pool. Payton, a senior, hit .315/.453/.444 with 57 walks and 27 strikeouts in 67 games for the Longhorns this spring. He’s a little guy (listed a 5-foot-8 and 190 lbs.) with no power but some speed and defense.

In other draft news, the Yankees have also signed 12th round pick Texas JuCo 1B Chris Gittens, according to his Twitter feed. Jim Callis says he received a $125k bonus, and since everything over $100k given to a player drafted after the tenth round counts against the draft pool, $25k of that counts against their spending limit. Gittens hit .404/.463/.532 with nine doubles and three homers in 41 games this spring. He’s a big guy who has had some conditioning issues in the past, but Callis says his bat is promising. You can see all of the team’s draft picks at Baseball America and keep tabs on the draft pool situation with our 2014 Draft Pool Tracker.

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The Yankees have signed fourth round pick LHP Jordan Montgomery, according to Jim Callis. The southpaw from South Carolina received the full $424,000 slot bonus for the 122nd overall pick. Montgomery is a classic pitchability lefty who complements his low-90s fastball with a curveball, a cutter, and a very good changeup. He is cut from the David Phelps/Adam Warren cloth and should carve up the low minors after three years in an SEC rotation.

In other news, the Yankees announced the signing of sixth round pick RHP Jonathan Holder. MLB.com says he received a $170,000 bonus, below the $237,600 slot value for the 182nd overall pick. Holder, who was second round pick LHP Jacob Lindgren’s teammate at Mississippi State, is a pure reliever with a low-90s fastball and big breaking curveball in the low-70s. Lots of separation between his two pitches. Like Montgomery, he’s an SEC tested guy who should climb to Double-A fairly quickly, likely in the middle of next season.

You can see all of the team’s draft picks at Baseball America and keep tabs on the draft pool situation with our 2014 Draft Pool Tracker. The Yankees’ only unsigned picks in the top ten rounds are Texas OF Mark Payton (7th round), UC Irvine 1B Connor Spencer (8th), and Vanderbilt SS Vince Conde (8th). All three are still playing in the College World Series and can’t sign just yet. They also figure to receive a below-slot bonuses and it appears the Yankees will some extra pool money left over for an above-slot payout for a player(s) taken after the tenth round.

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The Yankees have officially signed second round pick LHP Jacob Lindgren, according to George King. His father Stephen posted a photo of Jacob actually signing the contract on Twitter, if you’re looking for more confirmation. King says he received the full $1,018,700 slot value for the 55th overall selection. Keep tabs on the draft pool situation with our 2014 Draft Order Tracker.

Lindgren, 21, was in Tampa to take his physical earlier this week. Brian Cashman has already confirmed they plan to assign him to Low-A Charleston once he’s ready to pitch in game. Mississippi State’s season ended early last week, so Lindgren hasn’t been sitting idle for all that long. The consensus is that he could work out of the big league bullpen in the second half, but it remains to be seen whether the Yankees will let him. Everything you need to know about Lindgren is right here.

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Friday: DeCarr received a $1M bonus, according to Jim Callis. So technically he got slightly below double slot. Every little bit counts these days. Keep tabs on the draft pool situation with our 2014 Draft Pool Tracker.

Tuesday: Via New England Baseball Journal: Third round pick RHP Austin DeCarr will report to Tampa to sign with the Yankees tomorrow. They offered him double the $585,100 slot value for the 91st overall pick, so he’s getting a cool $1,170,200. Good for him. That’s a big chunk of draft pool change they’ll have to save elsewhere. (h/t @JoshSabo1)

DeCarr, 19, graduated from high school last year but did a post-graduate year at The Salisbury School in Connecticut. He’s a low-to-mid-90s fastball guy who, on his best days, has an out pitch hammer curveball. Like most pitching prospects from the Northeast, DeCarr doesn’t have a ton of innings or experience under his belt. He was committed to Clemson. You can see all of the team’s picks at Baseball America.

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The Yankees have officially signed fifth round draft pick RHP Jordan Foley, he announced on Twitter. Chris Cotillo says he received a $317,500 bonus, which is full slot value for the 152nd overall pick. You can see all of the team’s picks at Baseball America and keep tabs on the draft pool situation with our 2014 Draft Pool Tracker.

Foley, 21 next month, was ranked as the 128th best prospect in the draft class by Baseball America. “Foley works primarily off an 89-94 mph fastball, touching 96, and at times he shows a plus slider, though he struggles to repeat it. Other scouts see Foley as a reliever because he uses a split-finger fastball as a changeup to combat lefthanded hitters,” they wrote in their subscriber-only scouting report. The Yankees also drafted Foley in the 26th round of the 2011 draft out of high school.

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In case you missed it yesterday, Mississippi State LHP Jacob Lindgren (second round) is traveling to Tampa to take his physical tomorrow, which is a pretty strong indication the Yankees have a deal worked out with their top pick in last week’s draft. The team has also reportedly agreed to a contract with Connecticut HS RHP Austin DeCarr (third round) for double slot money, or roughly $1.17M. He is also on his way to Tampa for a physical.

The signing deadline is Friday, July 18th. You can see all of New York’s draft picks at Baseball America and keep tabs on the draft pool situation with our 2014 Draft Pool Tracker. It is available at all times under the Resources tab, underneath the street sign in the banner. Here is another batch of signing notes (draft round in parentheses):

  • South Carolina LHP Jordan Montgomery (4) has agreed to sign and is on his way to Tampa to take a physical, according to Patrick Ebert. He’ll then head to Short Season Staten Island. Slot money for the 122nd overall pick is $424,000.
  • Scouting director Damon Oppenheimer confirmed to Josh Norris the team has agreements in place with James Madison 2B Ty McFarland (10), Washington State C Clay Slaybaugh (26), Jacksonville State OF Griffin Gordon (27), and Houston-Victoria RHP Andre Del Bosque (38). Slot for McFarland is $137,600.
  • Pittsburgh RHP Joe Harvey (19) has signed for $60k, reports Chris Cotillo. Any money over $100k given to a player taken after the tenth rounds counts against the pool, but there are no savings for signing a player below that amount.
  • The Yankees have agreed to sign Liberty RHP Matt Marsh as an undrafted free agent, according to Norris. He had a 1.53 ERA with a 34/2 K/BB in 29.1 relief innings over the last two years.

As a reminder, Texas OF Mark Payton (7), UC Irvine 1B Conner Spencer (8), and¬†Vanderbilt SS Vince Conde (9) are all playing in the College World Series and can’t sign just yet. Otherwise the Yankees reportedly have agreements in place with each of their picks in the top ten rounds.

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