SBD/Issue 101/The Back of the Book

Signing Bonus Expenditures For MLB Draft Picks

The Cubs awarded $9.3M in signing bonuses to their draft picks in ’06, despite not having a third- or fourth-round pick. The Cubs’ figure was close to $3M more than any other club, due to the team-record $7.25M signing bonus given to fifth-round pick Jeff Samardzija. Andrew Miller, who was picked sixth overall by the Tigers, received the biggest signing bonus of any first-round pick. The following presents MLB team-by-team signing bonus expenditures from recent years, as well as signing bonus figures for first-round picks from the ’06 draft (Baseball America Prospect Handbook).

MLB TEAM EXPENDITURES ON DRAFT PICK SIGNING BONUSES
 
----MONEY SPENT ON ----
----SIGNING BONUSES----
------ '06 TOP DRAFT PICK ------
TEAM
'06
'05
'04
'03
PLAYER
SIGNING BONUS
% TM BONUSES
Cubs
$9.3M
$3.8M
$2.8M
$3.9M
Tyler Colvin
$1.5M
16.1%
Red Sox
$6.8M
$6.2M
$1.8M
$5.1M
Jason Place
$1.3M
19.1%
Royals
$6.3M
$6.0M
$5.8M
$5.6M
Luke Hochevar
$3.5M
55.6%
Braves
$6.2M
$4.2M
$1.8M
$5.0M
Cody Johnson
$1.4M
22.6%
Yankees
$6.2M
$3.7M
$4.8M
$3.8M
Ian Kennedy
$2.3M
37.1%
Tigers
$5.7M
$3.8M
$5.4M
$5.6M
Andrew Miller
$3.6M
63.2%
Dodgers
$5.5M
$2.2M
$5.6M
$3.4M
Clayton Kershaw
$2.3M
41.8%
Rockies
$5.4M
$6.0M
$4.0M
$4.0M
Greg Reynolds
$3.3M
61.1%
Indians
$5.2M
$4.9M
$4.9M
$6.0M
David Huff
$900,000
17.3%
Nationals
$5.1M
$4.0M
$3.7M
$3.1M
Chris Marrero
$1.6M
31.4%
Orioles
$5.0M
$4.2M
$1.3M
$4.0M
Bill Rowell
$2.1M
42.0%
D'Rays
$5.0M
$3.4M
$6.3M
$5.7M
Evan Longoria
$3.0M
60.0%
Pirates
$4.9M
$3.7M
$4.1M
$4.4M
Brad Lincoln
$2.8M
57.1%
Padres
$4.7M
$3.0M
$4.5M
$2.8M
Matt Antonelli
$1.6M
34.0%
Marlins
$4.6M
$7.7M
$3.0M
$3.9M
Brett Sinkbeil
$1.5M
32.6%
Mariners
$4.4M
$4.1M
$3.2M
$2.8M
Brandon Morrow
$2.5M
56.8%
Phillies
$4.3M
$1.8M
$3.4M
$1.2M
Kyle Drabek
$1.6M
37.2%
Giants
$4.3M
$502,000
$1.5M
$4.4M
Tim Lincecum
$2.0M
46.5%
Cardinals
$4.2M
$5.6M
$3.2M
$2.8M
Adam Ottavino
$950,000
22.6%
Reds
$3.9M
$3.8M
$4.7M
$3.1M
Drew Stubbs
$2.0M
51.3%
Rangers
$3.6M
$3.9M
$5.0M
$5.5M
Kasey Kiker
$1.6M
44.4%
Brewers
$3.4M
$3.8M
$4.3M
$6.1M
Jeremy Jeffress
$1.6M
47.1%
D'Backs
$3.3M
$9.5M
$5.7M
$4.2M
Max Scherzer
unsigned
-----
Twins
$3.2M
$5.2M
$7.5M
$3.2M
Chris Parmelee
$1.5M
46.9%
Astros
$3.1M
$4.1M
$2.2M
$1.5M
Max Sapp
$1.4M
45.2%
Blue Jays
$2.5M
$3.6M
$4.6M
$3.6M
Travis Snider
$1.7M
68.0%
Angels
$2.4M
$3.4M
$4.7M
$3.2M
Hank Conger
$1.4M
58.3%
White Sox
$2.3M
$2.7M
$6.3M
$3.8M
Kyle McCulloch
$1.1M
47.8%
Mets
$1.8M
$4.7M
$5.3M
$3.0M
Kevin Mulvey
$585,000
32.5%
A's
$1.6M
$4.8M
$6.3M
$4.9M
Trevor Cahill
$560,000
35.0%

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