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Law: Major-League Deals For Recent Draftees
ESPN's Keith Law has an article up in which he takes a look at the difference between signing a draft pick to a major-league deal rather than a minor-league deal. With all of the talk of draft picks and contract signings following Friday's deadline, Law's article is a good way of clearing up any questions readers may have on contract statuses.
Law uses the Orioles and their first-round pick, Brian Matusz, as an example as he explains the difference between signing players to a major-league contract and a minor-league contract.
Law also points out that even players who sign major-league contracts can still see time at the minor-league level, and that signing a major-league contract immediately places the player on that club's 40-man roster, despite which level they are headed to.
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Keith Law is annoying when he's on TV
Posted by: jdodgers27 | August 17, 2008 at 04:58 PM
Sounds like it would interesting... if I could read it.
You should note that you have to be an ESPN Insider to access the article.
Posted by: gutterbumber | August 17, 2008 at 06:09 PM
For those of us who don't have insider can someone paraphrase the huge difference between a major league and minor league deal for a draftee.
Posted by: start_wearing_purple | August 17, 2008 at 07:41 PM
Also not an insider, but a major league deal puts you straight on the 40 man roster and your option clock starts ticking.
Posted by: ebajek85 | August 17, 2008 at 09:48 PM
Here is my summary of the article:
1. Player is under team control for 6 years of service.
2. Any day spent on a ML roster counts towards his service time. For those signing ML deals the clock starts on day 1 in 2009.
3. A player signed to a major league deal will be FA eligible after his 6th year regardless of how much time they have actually spent in the bigs (assuming they are not under contract at that time).
4. Players signed to a major league deal receive 4 options, rather than 3. The first option is automatically burned during their first year.
5. One advantage to clubs is that they can pay out signing bonuses over the life of the contract, rather than in a lump sum.
I think those were the major points of the article.
Posted by: bjsguess | August 17, 2008 at 10:40 PM
Bjsguess, points 2, 3, and 4 in your summary are incorrect.
Posted by: Keith Law | August 18, 2008 at 08:19 PM