Pirates and Nationals lead 2007-2011 draft spending at $52 million and $51 million

7 Comments

Jim Callis of Baseball America crunched the numbers for the past five drafts and reports that the Pirates led all MLB teams in spending by handing out $52 million in total signing bonuses.

Much of that has to do with having the No. 1 pick once, the No. 2 pick twice, and the No. 4 pick twice during that five-year span, but this year for example the Pirates also shelled out $5.5 million on consensus top-10 talent Josh Bell after he dropped to them in the second round because of high bonus demands.

Joining the Pirates in spending more than $50 million during the past five drafts is the Nationals at $51 million, much of which went to back-to-back No. 1 overall picks Stephen Strasburg and Bryce Harper.

Boston ranks fourth in 2007-2011 draft spending at $40 million despite not having any top-10 picks, which shows that the Red Sox are taking significant advantage of other teams passing on top prospects due to bonus demands. Similarly the Yankees have spent $34 million on draft picks since 2007, which is well above the “slot” recommendations for where their actual picks have been.

At the other end of the spectrum the White Sox spent just $18 million and the next-lowest team, the Marlins, spent $21 million. You can see the full breakdown by clicking here.

Report: Jose Ramirez close to four-year extension with Indians

Getty Images
Leave a comment

Yahoo Sports’ Jeff Passan reports that third baseman Jose Ramirez is finalizing a four-year extension with the Indians. The deal is said to be worth north of $30 million, and may crest $50 million if all options are exercised. While the extension won’t take effect until the 2018 season, it guarantees Ramirez a $26 million sum with two options worth $11 and $13 million and will give the Indians control of the infielder through the 2023 season.

Ramirez, 24, is entering his fifth season in the Indians’ organization. He posted career-high numbers during his first full season in the majors, slashing .312/.363/.461 with 11 home runs, 22 stolen bases and 4.8 fWAR in 2016. He’s projected to have a strong follow-up season at the plate and will likely see some time at second base as Jason Kipnis works his way back from a shoulder injury.

Although 2016 only showcased the beginning of Ramirez’s success with the club, FanRag Sports’ Jon Heyman says it’s a standard move for Cleveland to “sign their stars early,” and indicates that Ramirez was rumored to want the deal. Jeff Todd of MLB Trade Rumors adds that the extension will keep Ramirez under club control through three arbitration-eligible years and one year of potential free agency.

Diamondbacks return Rule 5 pick Tyler Jones to Yankees

Getty Images
Leave a comment

Diamondbacks’ right-hander Tyler Jones is headed back to the Yankees, the teams announced on Friday. The Diamondbacks had previously selected Jones in the Rule 5 draft last December, but elected to leave the 27-year-old off of their 40-man roster heading into the 2017 season. Rule 5 draft rules stipulate that when a player is not kept on the receiving team’s roster, the player must be offered back to his original team.

Jones signed a minor league contract with the Yankees prior to the 2016 season. He pitched to an impressive 2.17 ERA, 2.2 BB/9 and 13.2 SO/9 over 45 2/3 innings with Double-A Trenton, but was unable to make the leap to Triple-A or beyond during his stay with the organization.

Jones’ outlook with the Diamondbacks appeared slightly more promising. GM Mike Hazen described the righty as a power arm with a “good fastball and power curveball” after selecting him in the Rule 5 draft, and early reports indicated that Jones would be in the mix for a bullpen spot. A rough spring performance — underscored by his lack of experience at the Triple-A and major league levels — undid most of that confidence, however, and the Diamondbacks weren’t willing to keep him on the active roster throughout the entire 2017 season in order to acquire his control rights.

Jones is set to open the season with Triple-A Scranton/Wilkes-Barre, per a report from the Yankees.