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2018 Draft Signings: Hutchison, Myatt, Late Rounds

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Hutchison. (UNC Athletics)

The signing deadline for the 2018 draft is next Friday, July 6th, and the Yankees have now signed all their notable picks. The only thing left is inking late rounders to fill out minor league rosters and maybe make one last offer to players who’ve said they’re not ready to turn pro. Here are our Day One, Day Two, and Day Three draft recaps and here are the latest draft signing updates:

  • UNC RHP Rodney Hutchison (6th round) has signed, reports Jim Callis. Here’s a photo of the contract signing. Hutchison was the final pick in the top ten rounds to sign because the Tar Heels went to the College World Series and he had to wait for his season end to sign. Anyway, Hutchison received a $197,500 bonus. Slot money for the 187th overall pick was $247,600.
  • Bucknell RHP Connor Van Hoose (8th round), Grand Canyon RHP Mick Vorhof (9th round), and UNC Charlotte LHP Josh Maciejewski (10th round) all signed for $7,500 as college seniors, according to MLB.com. Their signings had been previously announced, and now we know the bonuses. Those three create $420,700 in bonus pool savings. They effectively pay for Tennessee OF Ryder Green’s (3rd round) overslot bonus.
  • South Carolina JuCo RHP Tanner Myatt (11th) signed for a $147,500 bonus, reports Jim Callis. He pitched in a minor league game the other day, so this is no surprise. Every dollar over $125,000 given to a player drafted after the tenth round counts against the bonus pool, so Myatt’s bonus comes with a $22,500 bonus pool charge.
  • If you’re interested, the MLB.com Draft Tracker has bonus information for many late round signings. Among players taken after the tenth round, Myatt is the only overslot bonus so far. The late round bonuses range anywhere from $5,000 to $125,000.

As our Draft Pool Tracker show, the Yankees are over their $6,115,100 bonus pool by $243,300, or 3.98%. They’ll pay a 75% tax on the overage ($182,475) and they still have about $60,000 to spend before hitting the next penalty tier, which means forfeiting next year’s first round pick. That won’t happen. That last $60,000 may get funneled somewhere, but, by and large, the Yankees have spent all they can spend on the 2018 draft class.

2018 Draft Signings: German, Lockridge, Bies, Vorhof, Ernst

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Bies. (Dan Pelle/The Spokesman-Review)

Over the weekend the Yankees reportedly signed 2018 first round pick Anthony Seigler to a straight slot $2,815,900 bonus. Glad they got that one out of the way early. Here are all the Yankees’ picks. Here are my Day One, Day Two, and Day Three draft recaps, and here are the latest signings:

  • North Florida RHP Frank German (4th round) has signed, reports Bryan Hoch. No word on his bonus yet. Slot money for the 127th overall pick is $430,400. My guess is German got something very close to that. Within a few thousand bucks.
  • Troy OF Brandon Lockridge (5th round) has signed, reports Hoch. Jim Callis says Lockridge received a $300,000 bonus. Slot money for the 157th overall pick is $320,700, so the Yankees save a little bonus pool space here.
  • Gonzaga RHP Daniel Bies (7th round) has indeed signed, according to the school’s Twitter feed. Still waiting to hear a bonus. Slot money for the 217th pick is $194,000. Since Bies is a college senior, chances are he signed for considerably less than that.
  • Bucknell RHP Connor Van Hoose (8th round) has signed, reports Hoch. We heard he was in Tampa last week. No word on his bonus. He’s slotted for $159,800. Van Hoose is another college senior who likely signed for something much less than slot.
  • Grand Canyon RHP Mick Vorhof (9th round) has signed, reports Hoch. Slot money for the 277th overall pick is $145,600. As another college senior, bet on Vorhof signing for quite a bit less.
  • Miami (Ohio) RHP Nick Ernst (15th round) has signed, according to his Twitter feed. Slot money for every pick after the tenth round is $125,000. Ersnt had Tommy John surgery earlier this spring and will be out until next year. I seriously doubt he received more than slot given that.
  • Louisiana-Monroe RHP Keegan Curtis (22nd round) traveled to Tampa yesterday, according to his Twitter feed, which is a pretty good indication he’s signing.
  • Northeastern 3B Max Burt (28th round) has signed, according to his Twitter feed. He was in Tampa a few days ago, so this isn’t a surprise.

Our 2018 Draft Pool Tracker page is now up and running, so make sure you check that out. It is available at all times under the Resources tab. The signing deadline is Friday, July 6th this year.