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Teams Spend $236MM On Draft
The totals are in and Major League teams have again broken draft spending records. According to figures compiled by Jim Callis of Baseball America, MLB teams spent a combined $227.94MM on this year's draft bonuses and $235.99MM including additional guaranteed money in MLB deals for Danny Hultzen, Trevor Bauer, Dylan Bundy, Anthony Rendon and Matt Purke.
A year ago, MLB teams spent about $35MM less: $195.78MM, or $201.83MM including additional guaranteed money in big league deals. The Pirates led the way in 2011, spending over $17MM and breaking the $11.93MM record the Nationals set a year ago. Washington also broke its previous record, spending over $15MM on Rendon, Purke, Alex Meyer, Brian Goodwin and others.
Though only seven teams had ever spent over $10MM on the draft before this year, ten teams did so in 2011, according to Baseball America. Along with the Pirates and Nationals, the Royals ($14.01MM), Cubs ($11.95MM), Diamondbacks ($11.93MM), Rays ($11.48MM), Mariners ($11.33MM), Padres ($11.02MM), Blue Jays ($11.00MM) and Red Sox ($10.98MM) spent eight figures on the draft.
The Tigers ($2.88MM), who didn’t select until the second round, and White Sox ($2.76MM) were the only clubs to spend less than $3MM, according to Baseball America.
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