Categories
Contract Negotiation Headline MLB Players MLB Teams

Friday’s MLB Draft Deadline

As Zak Kurtz pointed out earlier today, tomorrow is the signing deadline for those players selected by MLB organizations in the 2008 First-Year Player Draft.  Besides Pedro Alvarez, many early selections remain unsigned with the deadline looming over their heads.  Some will be content to forego signing with an MLB club and will attend a Junior College or Four-Year University, instead (most likely leaving said school before graduating).  Others will succumb to the offers submitted by MLB GMs.  A few will have the GMs back down and give in to the figures that the players’ advisors are whispering in their ears.

Number-one overall pick, Tim Beckham, received a $6.15 million signing bonus.  Word is that Beckham’s bonus will be trumped by Buster Posey, who may get a whopping $7.5 million.  Posey was the fifth player taken in the draft (by the San Francisco Giants).  The aforementioned Pedro Alvarez (Boras), Eric Hosmer (Boras), and Brian Matusz were all taken earlier than Posey and remain unsigned at the moment.  After Posey, there are six players who will probably not be signed until the final minutes before the deadline (if signed at all).  They are Yonder Alonso, Aaron Crow, Justin Smoak, Josh Fields (Boras), Allan Dykstra (Boras), and Gerrit Cole (Boras).  I do not know what is more remarkable: the fact that Boras has five players in the first round or that five of the ten players still holding out in the first-round are Boras clients.

Out of all of the first-round players yet to sign, only one seems to be for a reason other than the belief that he feels he deserves higher than slot figures.  Allan Dykstra has medical issues, which has delayed progress between the Padres and Boras Corp in signing the former Wake Forest first baseman.

As of writing this post, here are the bonus babies (highest signing bonuses) in the first ten rounds:

  • 1st round (pick 1) – Tim Beckham – $6.15 million (Rays)
  • Supplemental 1st (pick 1) – Shooter Hunt – $1.08 million (Twins)
  • 2nd round (pick 9) – Destin Hood – $1.1 million (Nationals)
  • 3rd round TIE (pick 5) – Roger Kieschnick – $525k (Giants) and (pick 10) – Danny Espinosa (Nationals)
  • Supplemental 3rd (pick 1) – Ross Seaton – $700k (Astros)
  • 4th round TIE (pick 1) – Ty Morrison – $500k (Rays) and (pick 19) – Matt Cerda (Cubs)
  • 5th round (pick 9) – Adrian Nieto – $376k (Nationals)
  • 6th round (pick 28) – Brett Marshall – $800k (Yankees)
  • 7th round (pick 29) – Tim Fedroff – $725k (Indians)
  • 8th round (pick 4) – Bobby Bundy – $600k (Orioles)
  • 9th round (pick 15) – Steven Caseres – $250k (Dodgers)
  • 10th round (pick 12) – Rashun Dixon – $600k (Athletics)

For a team with a small payroll, the Nationals seem to be spending quite a bit of money on their early draft picks.  Other notes:

  • Out of 16 Supplemental 1st round picks, only one remains unsigned: Jeremy Bleich (Yankees)
  • Only one player in the entire 3rd round has yet to sign: Chase Davidson (Astros)
  • Every single player selected in the 8th round has signed a deal with the club that drafted him.
  • The 10th round sticks out, containing ten players that have not yet signed.

For a great breakdown of the reasoning behind why certain players remain unsigned, check out this article published by BaseballAmerica.  Friday shall be an interesting day, indeed.

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.

2 replies on “Friday’s MLB Draft Deadline”

Comments are closed.