CSS Button No Image Css3Menu.com

Baseball Prospectus home
  
  
Click here to log in Click here for forgotten password Click here to subscribe

Premium and Super Premium Subscribers Get a 20% Discount at MLB.tv!

<< Previous Article
Premium Article Future Shock: Monday M... (06/11)
<< Previous Column
Premium Article Future Shock Blog: Jor... (06/11)
Next Column >>
Premium Article Future Shock Blog: Min... (06/12)
Next Article >>
Premium Article The Prospectus Hit Lis... (06/12)

June 12, 2012

Future Shock Blog

Slots Are Dead, Long Live The Slots

by Kevin Goldstein

I got a question via Twitter this evening from @mrmgwilson that goes as follows:

“Are you surprised Michael Wacha signed for slot?”

The question is totally understandable. Wacha, a right-hander from Texas A&M, was seen as a potential pick in the 10-15 range. That said, I had problems finding a home for him in my final mock draft and slipped him to No. 18 overall, and he ultimately landed one pick later to the Cardinals. Now, as a player expecting to go much higher than 19, it would be logical to expect Wacha to ask for more money than was provided in the bonus pool for the pick, right? Not really, as Wacha signed quickly and, as per Jon Heyman, for exactly the budgeted amount for that pick at an even $1.9 million.

The pool amounts for each pick were designed to provide flexibility to teams—at least on a minor level—so these are not slots, as actually are quite above previous slots. Last year's number 19 overall pick, Matt Barnes of the Red Sox, signed for $1.5 million, which was actually over the slot for that pick, which was just under $1.4 million. In 2010, No. 19 overall pick Mike Foltynewicz signed for just under slot at $1.305 million. With a $1.9 million bonus, Wacha did not sign for slot as much as he received the full bonus pool amount for that pick, which is actually looking like a bit of a rarity.

Of the six players taken prior to Wacha in the first round who have signed, none received 100% of the pool amount, and one of them (Toronto's D.J. Davis at $1.75 million) got less. In this new system, these aren't slots as much as they are portions of a bigger pie that teams are forced to work with. Wacha got his full piece of the pie, with the second highest bonus at No. 19 in draft history, trailing only new system-mate Shelby Miller.

Wacha's $1.9 million bonus is in line with an average of the 2011 slots of the No. 9 and 10 overall picks, so in the new reality, Wacha not only settled, but he did quite well for himself, maximizing his value in a way that no pick ahead of him has yet.  

Kevin Goldstein is an author of Baseball Prospectus. 
Click here to see Kevin's other articles. You can contact Kevin by clicking here

Related Content:  Michael Wacha

0 comments have been left for this article.

<< Previous Article
Premium Article Future Shock: Monday M... (06/11)
<< Previous Column
Premium Article Future Shock Blog: Jor... (06/11)
Next Column >>
Premium Article Future Shock Blog: Min... (06/12)
Next Article >>
Premium Article The Prospectus Hit Lis... (06/12)

RECENTLY AT BASEBALL PROSPECTUS
Fantasy Article Deep Impact: Week 20
Fantasy Article The Stash List: 18th Edition: The Final Ques...
Premium Article Minor League Update: Games of Monday, August...
Premium Article What You Need to Know: August 19, 2014
Notes About Baseball: Rain Delay Theater: Ba...
Premium Article Going Yard: Four Impressive High School Hitt...
Premium Article Baseball Therapy: Becoming An Adult f/x

MORE FROM JUNE 12, 2012
Premium Article Overthinking It: Ten Reasons the Astros Aren...
Baseball ProGUESTus: Scouting with PITCHf/x
Premium Article Western Front: A Brief History of the Vedder...
Fantasy Article Value Picks: First, Third, and DH for 6/12/1...
Premium Article Collateral Damage Daily: Tuesday, June 12
Premium Article The Prospectus Hit List: Tuesday, June 12
What You Need to Know: Tuesday, June 12

MORE BY KEVIN GOLDSTEIN
2012-06-14 - Premium Article Future Shock: Picking Pitchers
2012-06-13 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-12 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-12 - Future Shock Blog: Slots Are Dead, Long Live...
2012-06-11 - Premium Article Future Shock: Monday Morning Ten Pack
2012-06-11 - Premium Article Future Shock Blog: Jorge Soler: A Quick Prim...
2012-06-08 - Premium Article Future Shock: 2012 Draft Stat Leaders
More...

MORE FUTURE SHOCK BLOG
2012-06-15 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-13 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-12 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-12 - Future Shock Blog: Slots Are Dead, Long Live...
2012-06-11 - Premium Article Future Shock Blog: Jorge Soler: A Quick Prim...
2012-06-08 - Premium Article Future Shock Blog: Minor League Update: Game...
2012-06-07 - Future Shock Blog: Minor League Update: Game...
More...