Signing Bonus tracker

[CheezWizHed]

I found this websitethat is tracking the signings and bonuses for each of the top 10 rounds. Unfortunately, none of the Brewers (despite some of them being signed) are updated yet.

[TheCrew07]

I've always preferred BA's draft database as it's not a list and is filterable by criteria.

 

2016 Draft Database

[CheezWizHed]

Well, that was one signing bonus better (Brown's)! And certainly the search criteria makes it much easier to use. Thanks for that.

 

I have to say that I had some concerns about signing a couple guys in the top 10 this year, but its looking like nothing right now. Only Ray, Feliciano, Webb and Burns remain unsigned (with Burns announcing he was going to Milwaukee to sign).

 

So really only Feliciano might be the only question mark at this point and a small question mark at that. I was concerned about Henry and Thomas (at #6 and #8), but they were a couple of the earliest to sign.

[And That]

I'm not too worried about Feliciano. The guys that I'm a bit nervous about are Chad McClanahan (11) and Zach Clark (19). Being able to get those two would be huge.

[QuevedosTongue]

Well, that was one signing bonus better (Brown's)! And certainly the search criteria makes it much easier to use. Thanks for that.

 

I have to say that I had some concerns about signing a couple guys in the top 10 this year, but its looking like nothing right now. Only Ray, Feliciano, Webb and Burns remain unsigned (with Burns announcing he was going to Milwaukee to sign).

 

So really only Feliciano might be the only question mark at this point and a small question mark at that. I was concerned about Henry and Thomas (at #6 and #8), but they were a couple of the earliest to sign.

 

Maybe it's not this simple, but I really don't think teams take guys in the first 10 rounds that are maybes. If a team picks them, they are near-certain signees. Maybe the 1st round is an exception, but there are very few players taken on rounds 1-10 that don't sign.

 

My point is, I don't think anyone has to wring their hands over anybody until Jared Horn, who isn't going to sign anyway.

[ZBTMP]

I'm not too worried about Feliciano. The guys that I'm a bit nervous about are Chad McClanahan (11) and Zach Clark (19). Being able to get those two would be huge.

 

Knock on wood, when is the last time we didn't sign a top 10 pick (Dylan Covey aside)? Seems like Jemile Weeks (and that seemed like a change of heart) but maybe Im missing a few. The timing of the McClanahan selection has me optimistic that the Brewers knew where they were at after the 10 slot bonus picks and think they can get it done.

 

I understand there has been significant management changeover, but if there is one aspect of the Brewers amateur scouting that has been praiseworthy; It is understanding player signability and bonus demands, and managing to those.

[And That]

Prior to Covey, Jemile Weeks was indeed the last Brewers top 10 round pick not to sign, all the way back in 2005. They also missed on signing Jake Arrieta in the 26th round that year.

 

Before that, you have to go back to 2002, when they failed to sign Jarrad Page (5th) and Stephen Kahn (8th). Going off memory, Page was a big time football recruit. Kahn, no idea. Kaaaahn!

 

Many years the Brewers have signed all their picks in at least the first 20 rounds.

 

The Brewers missed on signing Mallex Smith (13th round) and Carlos Rodon (16th round) in the 2011 draft. I remember Rodon was a super tough sign, but I had completely forgotten that had drafted Smith.

[markedman5]

Former @pghighschool catcher Payton Henry's signing bonus with Brewers is worth $550,000, according to a source. #TribPreps

 

https://twitter.com/trevorphibbs/status/743179735182696448

 

Over slot by 250k?

[billymac]

Wow, was hoping the money saved on Erceg(237,000)would help sign #11 McClanahan

[trwi7]

8th rounder Francisco Thomas signs for $200k. Slightly above the slot for that pick.

 

[sfl2hnq17]

After the signings that have been announced so far, the Brewers are $265,000 under slot.

 

As an aside, if we sign our top ten rounders, I give Ray a B. If we get McClanahan OR Clark, B+. If we get both it's an A. I also think Morrison would be a very solid signing.

[CheezWizHed]

I know this comes up every year, but my memory declines worse every year too...

 

The money we save on picks #1-10 can be used to sign anyone else, but only up to some (fairly low) cap amount right? I seem to remember a cap of $100k or something like that. So its not like we can give #11 pick $1M to sign, right?

[beekay414]

I know this comes up every year, but my memory declines worse every year too...

 

The money we save on picks #1-10 can be used to sign anyone else, but only up to some (fairly low) cap amount right? I seem to remember a cap of $100k or something like that. So its not like we can give #11 pick $1M to sign, right?

 

If you still have enough money from your bonus pool, you can give them whatever you want. Otherwise, you get taxed on anything over $100,000. There's also a cut off (think it's 4.9%) that you can go up to before you start to lose picks.

[BrewersAA]

You can only use bonus pool money from the top 10 rounds on guys picked in those rounds. I believe that the next 10 are a group, then the next 20

[beekay414]

You can only use bonus pool money from the top 10 rounds on guys picked in those rounds. I believe that the next 10 are a group, then the next 20

Not true

 

http://www.bleachernation.com/2016/06/09/2016-mlb-draft-primer-bonus-pool-slot-values-penalties-etc/

 

Also note that picks after the 10th round have no slot value (and you don’t lose any bonus pool money for failing to sign them), but any amount given to them in excess of $100,000 counts against the bonus pool.

 

You only have a bonus pool for picks 1-10 and anything you save can be used for the later picks but if you go over your bonus pool, you get taxed.

[patrickgpe]

I still don't get it. I know that there is only a bonus pool for rounds 1-10, but whats to stop the brewers giving Jared Horn 1st round money, minus their own internal budget or his determination to honor his commitment to Cal.

[1992casey]

The way I understand it (mostly from reading this topic), slot values for picks through the tenth round will determine the amount of money in the bonus pool. If a team spends more than $100,000 on a pick below #10, the overage will be charged against the pool. Also, if a pick in the top 10 isn't signed, that money is lost from the pool and isn't available to be applied to other picks.

 

Basically, a team can save up a little extra cash on its top picks to give to picks 11–30, but probably not enough to sign a Jared Horn.

 

Feel free to tell me how wrong I might be.

[beekay414]

I still don't get it. I know that there is only a bonus pool for rounds 1-10, but whats to stop the brewers giving Jared Horn 1st round money, minus their own internal budget or his determination to honor his commitment to Cal.

 

Penalties that involve being highly taxed and losing picks.

 

If you save $1 Million on senior signs or under slot deals from 1-10, you have an additional $1 Million to spend above the $100,000 limit for picks from 11-40. Here are all the details about penalties...

 

Any team that exceeds its pool by 0 to 5% must pay a 75% tax on the amount of the overage. Any team that exceeds its pool by more than 5% but less than 10% must pay a 75% tax on the amount of the overage AND loses a first round draft pick next year. Any team that exceeds its pool by more than 10% but less than 15% must pay a 100% tax on the amount of the overage AND loses a first round draft pick next year AND loses a second round draft pick next year. Any team that exceeds its pool by more than 15% must pay a 100% tax on the amount of the overage AND lose a first round draft pick in each of the next TWO drafts.

 

So I was wrong about the 4.9% thing kinda. You get taxed on it but you don't lose your next pick. Anything over 5% you start losing picks.

 

That's from the link I posted above as well.

[Outlander]

I still don't get it. I know that there is only a bonus pool for rounds 1-10, but whats to stop the brewers giving Jared Horn 1st round money, minus their own internal budget or his determination to honor his commitment to Cal.

In simple terms take $9,364,300 minus what the Brewers pay to the players they pick in the first ten rounds. That is the extra money they have to spend without getting taxed an additional amount. If a player in the first ten rounds doesn't sign then that amount must be subtracted from the pool as well.

[beekay414]

Top 11 picks (only picks that affect our bonus pool)

 

1.5 - Corey Ray - unsigned (slot: $4,382,200)

2.46 - Lucas Erceg - $1,150,000 (slot: $1,386,900)

2.75 - Mario Feliciano - $800,000 (slot: $851,900)

3.82 - Braden Webb - $700,000 (slot: $764,800)

4.111 - Corbin Burnes - $536,400 (slot: $536,400)

5.141 - Zack Brown - $401,700 (slot: $401,700)

6.171 - Payton Henry - $550,000 (slot: $300,800)

7.201 - Daniel Brown - $225,500 (slot: $225,500)

8.231 - Francisco Thomas - $200,000 (slot: $183,200)

9.261 - Trey York - $25,000 (slot: $171,100)

10.291 - Blake Fox - $10,000 (slot: $159,800)

 

Total: $9,364,300

Committed: $4,598,600

Available: $4,765,700

 

So if Ray signs for slot or under, we'll have just under $400,000 plus the 5% threshold for McClanahan and Clark plus others if needed.

[And That]

Thanks beekay! That was helpful to put everything together in one place.

 

So if Ray signs for slot, the Brewers will have $383,500 left before going over their pool.

 

The max they can exceed their pool before losing a draft pick next year is $468,215.

 

That makes their total available limit for rounds 11+: $383,500+$468,215=$851,715. The $468,215 is taxed at 75%, so the Brewers' actual cash outlay if they take their available limit to the max is $1,202,876. (Tax is $351,161.)

 

Assuming that McClanahan and Clark both sign, that adds $100k apiece to the available total because the bonus pool money is only reduced for every dollar over $100k for rounds 11+. That makes the total available to sign McClanahan and Clark $1,051,715. (About $1.4 million cash outlay including tax on overage.)

 

For what it's worth, in BA's top 500 list McClanahan was ranked #136 and Clark was ranked #229. The slot value for #136 is $421,600; the slot value for #229 is $184,100. That might be an indication of their bonus demands, or maybe not at all.

[beekay414]

Thanks beekay! That was helpful to put everything together in one place.

No problem, my friend.

 

Great breakdown yourself and very useful. I see no reason why we can't get McClanahan, Clark and maybe even Louie Crow with that money.

[patrickgpe]

I still don't get it. I know that there is only a bonus pool for rounds 1-10, but whats to stop the brewers giving Jared Horn 1st round money, minus their own internal budget or his determination to honor his commitment to Cal.

In simple terms take $9,364,300 minus what the Brewers pay to the players they pick in the first ten rounds. That is the extra money they have to spend without getting taxed an additional amount. If a player in the first ten rounds doesn't sign then that amount must be subtracted from the pool as well.

thank you, makes sense now

[And That]

Looks like Ray may get a little less than slot.

[sfl2hnq17]

After the Ray signing, we can still spend $1,108,915 before we incur a draft pick penalty. I am a little optimistic that we can sign a couple of guys from the later rounds.