June 28: Allan will sign his contract today, Heyman tweets. He’s expected to receive a $2.5MM signing bonus.
June 26: The Mets are in agreement on a deal with third-round selection Matthew Allan, reports Jon Heyman of MLB Network (via Twitter). Allan had been considered a first-round talent who came with some signability issues, so the Mets have likely promised the high school righty a bonus that is considerably higher than his $668K slot value in order to forgo his commitment to Florida. Notably, MLB.com’s Anthony DiComo tweets that Allan has yet to take his physical.
Heading into the draft, Allan ranked as the No. 11 prospect in the draft, per ESPN’s Keith Law. MLB.com’s top 200 listed Allan at No. 13, while he was 16th on the top 500 over at Baseball America and 20th at Fangraphs. Law called Allan the best high school pitcher in this year’s draft, praising him for a 92-95 mph fastball and a curveball that is already regarded as a plus pitch. MLB.com’s report notes that Allen’s changeup took a step forward this season as well, giving the 6’3″, 210-pound righty the potential for a third above-average offering.
The Mets saved about $470K on top pick Brett Baty but also went considerably over slot in giving second-round pick Josh Wolf a $2.15MM bonus when his slot value was roughly $1.37MM. However, the Mets selected college seniors in each of the fourth through tenth rounds of the draft, leaving them a considerable bit of cash to allocate to Allan. Each received bonuses of $20K or less, and while that leaves New York with a topheavy draft class, they’ll come away with a pair of players who were widely considered to be among the 20 best talents available. Obviously, there’s plenty of variance in all MLB draftees — high schoolers in particular — so the Mets are taking a fairly high-risk approach in so aggressively frontloading their draft resources to secure this trio of prep stars.