A’s sign No. 11 pick Addison Russell for $2.625 million

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Oakland has signed first-round pick Addison Russell, with Jim Callis of Baseball America reporting that the high school shortstop from Florida will get the exact slot figure for the No. 11 pick of $2.625 million.

Prior to the draft Baseball America ranked Russell as the 28th-best player in the class and ESPN.com rated him 19th. Amusingly the BA scouting report compared him to Juan Uribe “for his thick body, arm strength and power potential.”

That was apparently before Russell lost a bunch of weight, but both BA and ESPN cast doubt on his ability to remain at shortstop long term defensively while touting his popat the plate.

The Royals are paying everyone. Why can’t all of the other teams?

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Over the past several weeks we’ve heard a lot of news about teams furloughing front office and scouting staff, leveling pay cuts for those who remain and, most recently, ceasing stipends to minor league players and releasing them en masse. The message being sent, intentionally or otherwise, is that baseball teams are feeling the pinch.

The Kansas City Royals, however, are a different story.

Jon Heyman reported this afternoon that the Royals are paying their minor leaguers through August 31, which is when the minor league season would’ve ended, and unlike so many other teams, they are not releasing players either. Jeff Passan, meanwhile, reports that the Royals will not lay any team employees off or furlough anyone. “Nearly 150 employees will not take pay cuts,” he says, though “higher-level employees will take tiered cuts.” Passan adds that the organization intends to restore the lost pay due to those higher-level employees in the future when revenue ramps back up, making them whole.

While baseball finances are murky at best and opaque in most instances, most people agree that the Royals are one of the lower-revenue franchises in the game. They are also near the bottom as far as franchise value goes. Finally, they have the newest ownership group in all of baseball, which means that the group almost certainly has a lot of debt and very little if any equity in the franchise. Any way you slice it, cashflow is likely tighter in Kansas City than almost anywhere else.

Yet the Royals are paying minor leaguers and front office employees while a great number of other teams are not. What’s their excuse?