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Atlanta Braves Sign Top Draft Pick Lucas Sims

Discussion in 'Breaking MLB News' started by SRM Breaking News, Jun 7, 2012.

  • by SRM Breaking News, Jun 7, 2012 at 4:05 PM
  • SRM Breaking News SRM News Reporter

    Source: Talking Chop

    Sims apparently signed for $1.65 million, which is $175,000 below the slot recommendation of $1.825 million. With some of the money the Braves saved, they apparently signed 12th-round pick Connor Lien to a $375,000 bonus, which is $275,000 over slot. The Braves will get penalized if they go over slot, but can avoid that penalty by staying under a cap of $4,030,800 for all of their bonuses with their first ten picks, plus any additional bonuses for later picks that go over $100,000.

    It's complicated, and there is a lot of math involved. To rephrase it, the Braves have $4,030,800 for all their bonuses across their first 10 picks (first 10 rounds). If they go over that number, then they are penalized. If they stay under that number, then they can use that additional money on bonuses for players drafted after the 10th round. That overage would need to apply to any post-10th round bonus over $100,000.

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Discussion in 'Breaking MLB News' started by SRM Breaking News, Jun 7, 2012.

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