MLB teams spent $208 million signing draft picks this year

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Jim Callis of Baseball America crunched the (preliminary) numbers and reports that MLB teams combined to spend approximately $208 million signing draft picks this year.

That’s obviously an incredible amount of money, but Callis notes that teams spent around $236 million on draft picks last year.

Part of the decrease comes from this year’s draft class being much weaker in terms of elite-level talent, but the changes in the collective bargaining agreement that provide much stricter spending limits was clearly also a driving force behind the $28 million decrease.

Interestingly, according to Callis the top seven picks cost $18 million less to sign this year than last year–eighth overall pick Mark Appel was the only first-rounder not to sign–and the rest of the 39-plus rounds worth of players cost $10 million less to sign this year than last year. So mostly the signing bonus limits cut way back on how much the elite players received and also trimmed a bit from the lesser players as well.

Video: Jake Arrieta hits a 465-foot home run off of Zack Greinke

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Jake Arrieta‘s bat is in midseason form already. The Cubs’ ace swatted a solo home run to center field off of Zack Greinke in Thursday afternoon’s Grapefruit League exhibition game, his first homer of the spring.

The blast went 465 feet, according to MLB.com’s Daren Willman.

Arrieta has hit two home runs in each of the past two seasons. Madison Bumgarner (eight) and Noah Syndergaard (four) are the only other pitchers to match or exceed his output in that department.

Greinke, meanwhile, is hoping to bounce back after a miserable 2016 season. He finished with an uncharacteristic 4.37 ERA in 26 starts in his first year with the Diamondbacks.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.