Discussion: Should MLB Limit Signing Bonuses?

There is no hard limit on the bonuses teams can award the players they draft, just a recommended capESPN.com's Buster Olney reported yesterday that some GMs wonder whether the draft actually helps bad teams. As he says, the Padres knew how good Justin Verlander was when they chose Matt Bush instead, they just wanted a signable player. 

Can we improve the game by limiting the bonuses amateur players can receive? Changing the current system would be complicated and controversial, as Scott Boras and others don't want restrictions on the bonuses they can negotiate for their clients (Stephen Strasburg comes to mind). So what would happen if MLB limited bonuses?

  • Such a change would transfer money and power to teams from amateur players and their agents.
  • Teams would be more likely to select the most talented players, instead of going for a combination of talent and signability.
  • Players like Rick Porcello would be less likely to slide, since teams would be less wary of the bonuses they might demand.  
  • Agents would receive less money when brokering deals for their amateur clients. 
  • There wouldn't be nearly as much drama and uncertainty surrounding the negotiatons. 

Is it in the best interest of the game to restrict player bonuses? Some would do away with the draft altogether. Or should we leave the current system alone and just enjoy the games?

Draft Roundup: Late Picks, Strasburg, Purke

Time to pass along some more links, including some noteworthy selections late in the draft…

Stark On Rockies, Angels, Pierre

In his latest article, Jayson Stark also discusses the many Rockies and Angels thought to be available. Here are the latest rumors:

  • The Phillies are "hunting quietly" for right-handed outfielders. Ryan Spilborghs is on their radar.   
  • One official said Dan O'Dowd would consider moving "anyone" on the Rockies.
  • The Rangers are believed to be watching Huston Street closely.  
  • Jason Marquis could become available too, but some think the Rockies should hang on, given his success. 
  • The Angels seem willing to listen on Mike NapoliJeff Mathis and their entire infield, which consists of Kendry Morales, Howie Kendrick, Erick Aybar and Chone Figgins.
  • They appear to have interest in young, high-upside pitchers, which could mean they're unsure they'll re-sign John Lackey after the season. 
  • The Dodgers are "sending out signals" that Juan Pierre could be available when Manny Ramirez returns. It's unclear whether the Dodgers would pick up any of the $15MM or so remaining on Pierre's contract.  
  • Among top starters, Erik Bedard is "most frequently connected with the Phillies," but many people around baseball doubt he would fit in Philadelphia.
  • Phillies prospects Lou Marson and Michael Taylor are likely available, but J.A. Happ, Antonio Bastardo, Dominic Brown, Kyle Drabek, Jason Knapp, Jason Donald and Carlos Carrasco would be much harder to acquire.
  • One scout thinks the Pirates may have acquired three future stars for Nate McLouth  

Stark: What If The Nats Could Deal Strasburg?

ESPN.com's Jayson Stark determines how much Stephen Strasburg would be worth on the trade market if the Nats were allowed to deal him. Stark has an assortment of other rumors that will come soon in another post, but for now, some thoughts on Strasburg:

  • One NL exec wouldn't want to trade centerpiece players for Strasburg even if it was allowed, because pitchers aren't as reliable as position players.
  • Another executive said it would be hard to know how much to give for Strasburg when you don't know how much he's going to earn.
  • One official said he'd give up "three or four very good prospects" for Strasburg.  
  • A fourth exec said there's no way he'd give up an "everyday, impact, big-league player" like Adam Jones.
  • He reasons that Jones would have been the first overall pick in the draft this year if he'd somehow been eligible.  
  • Trading picks would enable the Nationals to avoid difficult negotiations with Scott Boras and allow them to get something immediately for giving up the rights to Strasburg.  

Players To Be Named Later

Here's another term for the MLBTR glossary

Players to be named later must be named within six months of the trade they're a part of. They tend to be minor leaguers, as they cannot have spent time in the major leagues between the day the trade is announced and the day it is completed. Here are a couple instances in which the PTBNL can be useful:

  • The teams are only sure about half of the exchange, but they want to deal right away.
  • The clubs agree that the PTBNL will be chosen from a set list of players.   
  • Once a draft pick signs, he can't be traded for a year. If teams want to deal recently-drafted players, they can complete part of the deal and name the final player once he's eligible to be traded. 
  • Instead of naming a player, teams can exchange money to complete a deal.   
  • For example, Jeff Keppinger was dealt for a PTBNL in 2009.

Thanks to Cot's Baseball Contracts.

Odds And Ends: Indians, Ryan, Red Sox

More links for the afternoon…

Cardinals Interested In Miguel Tejada

Joe Strauss of the St. Louis Post-Dispatch reports that the Cardinals "expanded their search for an additional hitter to include" Miguel Tejada. Since Troy Glaus is out for a while and Khalil Greene is still rehabbing, Tejada could fit on the left side of their infield and provide some offense.

So far he's leading the league with a .355 batting average to go along with an OPS of .899. Though some see Tejada as a third baseman, he has never actually player third in the major leagues. He makes $13MM this year before becoming a free agent after the season. 

ESPN.com's Buster Olney weighs in, saying he doesn't think the Astros, or any team owned by Drayton McLane would deal a key player to a division rival.

Odds And Ends: White Sox, Smoltz, Lowrie

A few links for Thursday morning…

Discussion: Do The Nats Have To Sign Strasburg?

Tracy Ringolsby of FOX Sports suggests the Nationals have "absolutely nothing to lose with this draft," and says they win whether they sign Stephen Strasburg or get the second pick in next year's draft for failing to do so. They've already agreed to sign Drew Storen, the 10th overall selection, and they're early favorites for next year's first overall pick, with an MLB-worst 15-42 record. They could have the first two picks in next year's draft if they don't sign Strasburg.

However, SI.com's Jon Heyman argued yesterday that the Nationals can't afford not to come to an agreement with their pick. Strasburg is a unique talent and Heyman doesn't think the Nats can keep putting things off, even if they could potentially pick first and second in the 2010 draft.

So do you agree with Ringolsby and the San Francisco Chronicle's John Shea that the Nats win whether they sign Strasburg or not? Or do you agree with Heyman that the Nationals should take advantage of an opporunity to acquire a special talent now instead of delaying for a year?

Pirates Draft Roundup

Dejan Kovacevic of the Pittsburgh Post-Gazette asked GM Neal Huntington if Tony Sanchez had more upside and talent than the other players available when the Pirates picked fourth. Here are a couple of points Huntington made in his reply to Kovacevic:

  • "We did not take the player we felt had the highest upside on the board with the Sanchez selection, but we did select the player who was at the top of our board at the time."
  • Huntington says upside isn't everything, pointing out that it's risky to draft high school pitchers.
  • "If Stephen Strasburg or Dustin Ackley had slipped, we would have likely altered our approach to the draft and committed greater resources to either of them."

Instead, the Pirates plan to commit to a group of talented players, according to Pat Mitsch of the Pittsburgh Tribune-Review. Huntington and his staff drafted 21 players who are demanding bonuses of $100k or more, and he expects to sign many by recruiting well and being "very aggressive."

The Pirates were criticized for taking Sanchez when they did, but, as MLB.com's Jen Langosch reports, draft expert Jonathan Mayo praised the Pirates' approach on day two.