clock menu more-arrow no yes

Filed under:

Olney: MLB Considering Draft Spending Penalties, Getting Rid Of Comp Picks

New, 75 comments

Buster Olney tweets regarding potential changes to baseball's collective bargaining agreement. It looks like parties involved are discussing a ceiling for draft bonuses for the first 10 rounds. There would be no penalties for breaking slot recommendations, but if a team exceeded the overall ceiling, it would have to pay a tax the first time, then would lose a "top pick" the second time. Clearly, this sounds awful for the Pirates, but we'll have to see the details.

Also, teams are considering getting rid of first-round compensation picks, which is a good thing. Overall, it sounds like this system would primarily favor established players - as Olney points out, their values on the free agent market wouldn't decrease as a result of compensation picks. Also, this system would reduce the amount of money teams spend on the draft, which would free teams to spend more money on veterans.