Fixing the draft

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Jayson Stark at ESPN wrote a rather idiotic article yesterday complaining about the draft.  It wasn’t idiotic because the draft is perfect or anything — it’s not — but because all it complained about was the sheer amount of money teams spend on the draft, quoting no one but anonymous people connected with baseball ownership (other reasons why his article was stupid can be read here).

Of course those guys hate spending money in the draft.  If they could, they’d pay draftees in lumps of coal and bowls of gruel. What Stark never mentions, however, is that overall, the draft is like a bargain basement for teams looking to acquire talent.

While Stephen Strasburg’s $15 million gets all the headlines, overall, teams will spend around $180 million in signing bonuses for draftees this year. That amounts to $6 million per team.  That $6 million gets each team dozens and dozens of players the team controls for a minimum of six years a piece.  Even if only one or two of those players become major leaguers, the teams have more than gotten their money’s worth.

In light of this, the problem with the draft isn’t the amount of money teams are spending. It’s the particular players at the very top on whom that money is spent. Ideally you want the worst teams to take the best players, rendering signability a non-issue. This wasn’t a huge problem this year (as Stark’s colleague Peter Gammons notes), but it has been in the past.

Perhaps some sort of slotting system makes sense to accomplish that (and today the New York Times talks about the forms that could take). Simply complaining about what the top draftees are making, however, accomplishes very little.

(thanks to reader DonCoburleone for the data on overall draft expenditures)

Your 2016 Winter Meetings Wrapup

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Gaylord National Resort
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OXON HILL, MD — The 2016 Winter Meetings are over.  As usual, there was still no shortage of excitement this year. More trades than we’ve seen in the past even if there are still a lot of free agents on the market. Whatever the case, it should make the rest of December a bit less sleepy than it normally is.

Let’s look back at what went down here at National Harbor this week:

Well, that certainly was a lot! I hope our coverage was useful for you as baseball buzzed through its most frantic week of the offseason. And I hope you continue coming back here to keep abreast of everything happening in Major League Baseball.

Now, get me to an airport and back home.

Eighteen players selected in the Rule 5 Draft

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MLB
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OXON HILL, MD — The Rule 5 Draft just went down here at National Harbor. As always, it was the last event of the Winter Meetings. As usual, you likely don’t know most of the players selected in the Draft, even if a couple may make a splash one day in the future.

In all, 18 players were taken in the Major League phase of the Rule 5. Here they are, with the name of the team which selected them:

Round 1
1. Twins:  Miguel Diaz, RHP, Brewers
2. Reds: Luis Torrens, C, Yankees
3. Padres: Allen Cordoba, SS, Cardinals
4. Rays: Kevin Gadea, Mariners
5. Braves: Armando Rivero, RHP, Cubs
6. D-backs: Tyler Jones, RHP, Yankees
7. Brewers: Caleb Smith, LHP, Yankees
8. Angels  Justin Haley,RHP, Red Sox
9. White Sox:  Dylan Covey, RHP, A’s
10. Pirates: Tyler Webb, LHP, Yankees
11. Tigers: Daniel Stumpf, LHP, Royals
12. Orioles: Aneury Tavarez, 2B, Red Sox
13. Blue Jays: Glenn Sparkman, RHP, Royals
14. Red Sox: Josh Rutledge, INF, Rockies
15. Indians: Holby Miller, LHP, Phillies
16. Rangers: Michael Hauschild, RHP, Astros

Round 2
17. Reds:  Stuart Turner, C, Twins
18. Orioles:  Anthony Santander, OF, Indians

For a breakdown of most of these guys and their big league prospects, check this story out at Baseball America. Like I said, you don’t know most of these guys. And, while there have been some notable exceptions in Rule 5 Draft history, most won’t make a splash in the big leagues.

Each player cost their selecting team $100,000. Each player must remain on the 25-man roster of his new club for the entire season or, at the very least, on the disabled list. If he is removed from the 25-man, the team which selected him has to offer him back to his old team for a nominal fee. Sort of like a stocking fee when you return a mattress or something. Many of these guys, of course, will not be returned and, instead, will be stashed on the DL with phantom injuries.

Aren’t transactions grand?