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Tuesday
August 19, 2008
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Royals Dole Out More Than $10M In Signing Bonuses For Draftees

MLB's deadline for high school seniors and college underclassmen draftees to sign with their clubs passed on August 15, with all but three first round draft picks signing with their respective teams. The Royals led all clubs for signing bonuses doled out for the top 10 rounds with $10.2M, and the team gave their largest signing bonus ever to 1B Eric Hosmer, their top draft pick. The Pirates also handed out their biggest signing bonus ever to 3B Pedro Alvarez, while the Giants handed out their top bonus ever to C Buster Posey. The Red Sox also inked all of their top 10 picks, as well as picks 11-16. The Nationals and Yankees were the only teams not to sign their top picks, while the Mariners have until next year's draft to sign top pick P Joshua Fields. The Nationals will get a compensatory selection after the No. 9 pick in next year's draft, while the Yankees will get an additional first-round pick in '09. Agent Scott Boras had five of the 11 first-round picks who weren't signed heading into deadline day, and three of them ending up signing. The following lists the signing bonuses given out (to date) by MLB teams to the their draft picks in the top 10 rounds of the '08 MLB Draft (BaseballAmerica.com, 8/18).

TEAM
BONUS TOTAL
(ROUNDS 1-10)
TEAM
BONUS TOTAL
(ROUNDS 1-10)
Royals
$10,165,000
Indians
$4,662,000
Rays
$9,357,000
Marlins
$4,653,000
Red Sox
$8,990,000
Cubs
$4,587,000
Giants
$8,703,000
Braves
$4,371,000
Pirates
$8,256,000
White Sox
$4,362,500
Brewers
$7,408,500
D'Backs
$4,058,000
Rangers
$6,992,300
Dodgers
$3,828,500
Twins
$6,708,000
Blue Jays
$3,589,500
Orioles
$6,077,000
Yankees
$3,473,000
Astros
$5,892,000
Reds
$3,310,000
Phillies
$5,851,000
Tigers
$3,284,500
Mets
$5,778,500
Nationals*
$3,001,000
A's
$5,473,000
Rockies
$2,998,000
Padres
$5,064,000
Mariners
$1,769,000
Cardinals
$4,893,000
Angels
$1,743,000

FIRST-ROUNDERS: Top overall draft pick SS Tim Beckham received the largest signing bonus among first-round draftees, with the Rays going $2.2M over MLB's recommended slot figure. The Pirates' Alvarez became the 32nd and final '08 draftee to agree to terms with the organization, as he signed just minutes before the deadline on August 15. Alvarez, however, did not receive a major league contract. The Red Sox were able to sign the team's first overall pick, P/SS Casey Kelly, who signed on July 17 after mulling an option to play QB for the Univ. of Tennessee. The Nationals were unable to come to terms with P Aaron Crow, who will now play for the Fort Worth Cats of the American Association of Independent Professional Baseball. The Yankees and high school P Gerrit Cole didn't come to terms either, and Cole will instead head to UCLA (BaseballAmerica.com, 8/18).

SIGNING BONUSES FOR FIRST ROUND PICKS
PK
TEAM
PLAYER
'08 BONUS
'08 MLB SLOT
OVER/UNDER
1
Rays
SS Tim Beckham**
$6,150,000
$4,000,000
$2,150,000
2
Pirates
3B Pedro Alvarez
$6,000,000
$3,500,000
$2,500,000
3
Royals 1B Eric Hosmer
$6,000,000
$3,000,000
$3,000,000
4
Orioles P Brian Matusz^
$3,200,000
$2,750,000
$450,000
5
Giants C Buster Posey
$6,200,000
$2,500,000
$3,700,000
6
Marlins C Kyle Skipworth
$2,300,000
$2,400,000
-$100,000
7
Reds 1B Yonder Alonso^
$2,000,000
$2,310,000
-$310,000
8
White Sox SS Gordon Beckham
$2,600,000
$2,230,000
$370,000
9
Nationals P Aaron Crow
Did Not Sign
$2,150,000
---
10
Astros C Jason Castro
$2,070,000
$2,070,000
$0
11
Rangers 1B Justin Smoak
$3,500,000
$2,000,000
$1,500,000
12
A's 2B Jemile Weeks
$1,910,000
$1,910,000
$0
13
Cardinals 3B/1B Brett Wallace
$1,840,000
$1,840,000
$0
14
Twins OF Aaron Hicks
$1,780,000
$1,780,000
$0
15
Dodgers P Ethan Martin
$1,730,000
$1,730,000
$0
16
Brewers C/3B Brett Lawrie
$1,700,000
$1,680,000
$20,000
17
Blue Jays 1B David Cooper
$1,500,000
$1,630,000
-$130,000
18
Mets 1B Ike Davis
$1,575,000
$1,580,000
-$5,000
19
Cubs P Andrew Cashner
$1,540,000
$1,540,000
$0
20
Mariners P Joshua Fields
Unsigned*
$1,500,000
---
21
Tigers P Ryan Perry
$1,480,000
$1,480,000
$0
22
Mets SS Reese Havens
$1,419,000
$1,430,000
-$11,000
23
Padres 1B Allan Dykstra
$1,150,000
$1,400,000
-$250,000
24
Phillies 3B Anthony Hewitt
$1,380,000
$1,380,000
$0
25
Rockies P Christian Friedrich
$1,350,000
$1,350,000
$0
26
D'Backs P Daniel Schlereth
$1,330,000
$1,330,000
$0
27
Twins P Carlos Gutierrez
$1,290,000
$1,290,000
$0
28
Yankees P Gerrit Cole
Did Not Sign
$1,260,000
---
29
Indians SS Lonnie Chisenhall
$1,100,000
$1,230,000
-$130,000
30
Red Sox P/SS Casey Kelly**
$3,000,000
$1,200,000
$1,800,000


NOTES: * = The August 15 signing deadline does not apply to college seniors like Fields, only underclassmen. ** = Two-sport contract. MLB rules permit teams to spread out payment of the signing bonus over five years with respect to two-sport athletes. Otherwise, the bonus must be paid in full by the end of the calendar year of the year following the year in which the player was drafted (within 1.5 years). ^ = Bonus was part of major league contract.


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