Note: I’ve corrected some figures that were initially listed wrongly.
Jim Callis of Baseball America reports that the 2011 draft class received a grand total of $228 million in signing bonuses, with their total guaranteed money rising to $236 million once major-league contracts are factored in.
That represents a 16 percent increase over last season, when the 2010 draft class combined for a then-record $196 million in signing bonuses and $202 million in total guaranteed money.
In other words, MLB’s attempt to suppress bonuses by bullying teams into following their “slot” recommendations hasn’t exactly gone as planned. Teams spent $132 million for players signed on the August 15 deadline day alone.
And while $228 million for a bunch of high school and college players sounds like an insane amount of money–and it certainly is, on a player-by-player basis–collectively the draft class will ultimately provide far more value than that to teams during their cost-controlled, pre-free agency seasons. And it would have been $231 million had Tyler Beede not turned down the Blue Jays for Vanderbilt.
Jon Heyman reports that the Giants have released outfielder Melvin Upton. He requested his release.
Upton, who turned 33 yesterday, signed with San Francisco in early April after the Blue Jays released him. It was a minor league deal. After recovering from a rash of minor injuries, Upton batted .244/.306/.333 in 12 games at Triple-A Sacramento. There was no indication that the Giants were going to call him up. I presume that, back when they signed him, they figured they’d be contending and could maybe use a veteran bat. That’s obviously not the case anymore.
I suppose it’s possible that someone gives Upton a look when rosters expand in eight days, but I figure it’s more likely that we’ll next see him as he fights to make a team on a minor league deal next spring.
Andrew Miller leaving last night’s Indians-Red Sox game got all the press, but the Indians lost another key player in the game as well: Carlos Santana. He was forced to leave after going 0-for-3. There was no followup announcement after the game, so he’s likely being reevaluated.
Santana is hitting .250/.355/.446 on the year, but he’s been pretty hot of late, hitting .375 with a couple of homers in the past week.