With the 2019 MLB Draft upon us, here’s a friendly reminder: The MLB Draft is something like the lottery – with a budget.
While you can walk into your local 7-11 or Wawa and pick up countless amounts of tickets to hit the jackpot, MLB teams operate with a certain allotment of signing-pool money. This year, the No. 1 overall selection held by Baltimore is worth $8,415,300 up from $8,096,300 in 2018.
This year, with extra compensation picks received in free agency, the Paul Goldschmidt trade and not signing last year’s first-round pick (Matt Lauer), the Diamondbacks have seven picks in the first 75 selections and the most money in the bonus pool to spend in the first 10 rounds of the draft.
MLB proposed to the union 10 rounds, but that rounds 6-10 would have half the slot value as last year and that teams would be limited to signing just five non-drafted players for a maximum of $20,000. These assigned slot values come from joint decisions between the Commissioner's Office and the MLB Player’s Association in an attempt to guide the draft’s first ten rounds in a way that is.
Each draft selection is given a certain value. Should there be leftover money from a signing, teams are allowed to use that money for other signings throughout the draft.
Should a team exceed its alloted slot money, it incurs a penalty. A team is taxed 75 percent on overages between 0 and 5 percent. No team has ever exceeded more than 5 percent on its draft allotment.
All values courtesy of MLB.com.
1. Orioles: $8,415,300
2. Royals: $7,789,900
3. White Sox: $7,221,200
4. Marlins: $6,664,000
5. Tigers: $6,180,700
6. Padres: $5,742,900
7. Reds: $5,432,400
8. Rangers: $5,176,900
9. Braves: $4,949,100 (Compensation for unsigned 2018 pick Carter Stewart)
10. Giants: $4,739,900
11. Blue Jays: $4,547,500
12. Mets: $4,366,400
13. Twins: $4,197,300
14. Phillies: $4,036,800
15. Angels: $3,885,800
16. Diamondbacks: $3,745,500
17. Nationals: $3,609,700
18. Pirates: $3,481,300
19. Cardinals: $3,359,000
20. Mariners: $3,242,900
21. Braves: $3,132,300
22. Rays: $3,027,000
23. Rockies: $2,926,800
24. Indians: $2,831,300
25. Dodgers: $2,740,300
26. Diamondbacks: $2,653,400 (Compensation for unsigned 2018 pick Matt McLain)
27. Cubs: $2,570,100
28. Brewers: $2,493,900
29. A’s: $2,424,600
30. Yankees: $2,365,500
31. Dodgers: $2,312,000 (Compensation for unsigned 2018 pick J.T. Ginn)
32. Astros: $2,257,300
Compensation picks
33. Diamondbacks: $2,202,200 (via Patrick Corbin signing with Nationals)
34. Diamondbacks: $2,148,100 (via A.J. Pollock signing with Dodgers)
Competitive Balance Round A
35. Marlins: $2,095,800
36. Rays: $2,045,400
37. Pirates: $1,999,300 (Compensation for unsigned 2018 pick Gunnar Hoglund)
38. Yankees: $1,952,300 (From Reds via trade)
39. Twins: $1,906,800
40. Rays: $1,856,700 (From A’s via trade)
41. Rangers: $1,813,500 (From Brewers via trade)
All values courtesy of MLB.com.
Diamondbacks: $16,093,700
Orioles: $13,821,300
Royals: $13,108,000
Marlins: $13,045,000
White Sox: $11,565,500
Braves: $11,532,200
Rangers: $11,023,100
Padres: $10,758,900
Tigers: $10,402,500
Rays: $10,333,800
Pirates: $9,944,000
Twins: $9,905,800
Reds: $9,528,600
Giants: $8,714,500
Blue Jays: $8,463,300
Mets: $8,224,600
Dodgers: $8,069,100
Angels: $7,608,700
Mariners: $7,559,000
Yankees: $7,455,300
Rockies: $7,092,300
Cardinals: $6,903,500
Phillies: $6,475,800
Indians: $6,148,100
Nationals: $5,979,600
Cubs: $5,826,900
A’s: $5,605,900
Astros: $5,355,100
Brewers: $5,148,200
Red Sox: $4,788,100
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