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2007 MLB Amateur Draft Signing Bonuses – Final Update

The August 15th midnight deadline has come and gone. Last time we updated this thread (6 days before the deadline), slot values had still been down across the board and 22 of the top 100 picks had not yet signed. In addition 13 of the 22 were first rounders.

Let’s just say that August 15th was a busy day. Recommended slot values were thrown out the window and the big bucks started flowing from the MLB teams to the draftees.

Among the highlights:

A lot of players that were signed right before the deadline signed for the 2006 value at that slot. At least signing bonuses seemed to resemble what was given at that slot in the previous year. Even though this is true and that most of the players who signed before August 15th signed for their recommended 2007 slot value, the few huge first round bonuses were able to actually raise the average signing bonus for first round selections (highest first round bonus average since 2002). Overall, though, the slot values were reduced by 10%.  Will the MLB be happy with the situation?

I will leave off with this statement by Casey Crosby’s mother:

“He’s not touching that (bonus). When he starts playing he’ll be getting the $1,100 a month or whatever it is they get in the minor leagues. He can live off that.” [Motor City deal has Crosby thinking of cars].

-Darren Heitner

By Darren Heitner

Darren Adam Heitner, Esq., is a preeminent sports attorney and the founder of Heitner Legal, P.L.L.C., a Fort Lauderdale-based law firm specializing in sports law, contract negotiations, intellectual property, and arbitration. He earned his Juris Doctor from the University of Florida Levin College of Law in 2010 and a Bachelor of Arts in Political Science, magna cum laude, from the University of Florida in 2007, where he was named Valedictorian of the College of Liberal Arts and Sciences. Admitted to practice in the state bars of Florida, New York, and the District of Columbia, as well as multiple federal courts, Darren also serves as a certified arbitrator with the American Arbitration Association.

As an adjunct professor, Darren imparts his expertise through teaching Sports Law at the University of Florida Levin College of Law and Name, Image, and Likeness (NIL) at the University of Miami School of Law in the Entertainment, Arts, and Sports Law LL.M. program. His scholarly contributions include authoring several books published by the American Bar Association, such as How to Play the Game: What Every Sports Attorney Needs to Know, and numerous articles in prominent publications like Forbes, Inc. Magazine, and Above the Law. His thought leadership in NIL has earned him recognition as one of the foremost experts by The Wall Street Journal, USA TODAY, and On3, and he has been lauded as a “power player in NIL deals” by Action Network and a “top sports trademark attorney” by Sportico.

Darren’s passion for sports law led him to establish Sports Agent Blog on December 31, 2005, initially titled “I Want To Be A Sports Agent.” The platform, created as a New Year’s resolution, has grown into a cornerstone of the sports agency community, offering in-depth analysis of industry trends, legal disputes, and agent-player dynamics. His commitment to the field is further evidenced by his representation of numerous athletes and sports agents, as well as his prior role as an Adjunct Professor at Indiana University Bloomington, where he developed and taught a course on Sport Agency Management from 2011 to 2014.

Darren’s contributions have been recognized with prestigious honors, including the University of Florida’s 40 Under 40 Award, the University of Florida Levin College of Law’s Outstanding Young Alumnus Award, and designation as the best lawyer in Fort Lauderdale by Fort Lauderdale Magazine. He remains an active voice in the sports law community, sharing insights through his weekly NIL newsletter and his X posts, engaging a broad audience on legal developments in sports.