2018 Draft Slots and Bonus Pools Finalized: Plenty of Money for the Cubs to Work With

Social Navigation

2018 Draft Slots and Bonus Pools Finalized: Plenty of Money for the Cubs to Work With

Chicago Cubs

I’ll admit that the upcoming June Amateur draft has fallen off my radar a bit – the wacky offseason, Yu Darvish signing, Opening Day excitement, etc. had taken over my immediate field of view – but it really shouldn’t have.

This year, the Cubs have a much better draft position than they’ve had in recent years – from the number of top picks, to their available bonus pool – especially for a team that just went to the NLCS for the third straight year. The full rundown of bonus pools and draft slots is now out, and you can see the full nitty gritty here at Baseball America.

First and foremost, the Cubs overall bonus pool this season is $7,491,700, which is the 20th most in baseball, even though their first pick doesn’t come until No. 24. Moreover, it’s about $400,000 more than the Cubs had to work with last year, despite the fact that the Cubs had two first round picks.

Here are the rankings for all the slots (NL Central bolded):

  1. Royals $12,781,900
  2. Tigers $12,414,800
  3. Rays $12,402,600
  4. Giants $11,747,500
  5. Reds $10,887,600
  6. White Sox $10,589,900
  7. Pirates $10,390,400
  8. Padres $9,650,000
  9. Mets $9,580,900
  10. A’s $9,531,500
  11. Indians $9,122,500
  12. Cardinals $9,096,600
  13. Phillies $8,858,500
  14. Orioles $8,754,400
  15. Marlins $8,636,200
  16. Braves $8,267,300
  17. Blue Jays $7,982,100
  18. D-backs $7,658,700
  19. Mariners $7,555,200
  20. Cubs $7,491,700
  21. Rangers $7,356,000
  22. Angels $6,984,400
  23. Rockies $6,846,700
  24. Twins $6,705,500
  25. Brewers $6,572,600
  26. Yankees $6,089,100
  27. Red Sox $5,699,000
  28. Nationals $5,582,900
  29. Astros $5,467,300
  30. Dodgers $5,265,800

The value of the Cubs’ first round pick (#24) has been set at $2,724,000. Of course, their total bonus pool is much higher, because they also own a second round pick (63rd overall, $1,035,000), a compensation pick for Jake Arrieta (77th overall, $775,100), a compensation pick for Wade Davis (78th overall, $762,900), and a third round pick (98th overall, $570,000) in the top 100, alone. As you can see, that means that they can actually spend more in the draft than – for one example – the Milwaukee Brewers, who missed the postseason entirely.

For an extreme contrast, the Cubs’ first pick in the 2016 draft came at No. 104 and their total bonus pool that season was the lowest in baseball at $2,245,100.

Also note: teams can exceed their bonus pool by up to 5% before incurring loss-of-pick penalties, and the Cubs pretty much always go up to that 5% limit. So the amount they can actually spend is getting close to $8 million.

Here is the full slate of Cubs picks and associated signing bonus slot value:

  1. 1st Round, 24th, $2724,000
  2. 2nd Round, 63rd, $1,035,000
  3. Comp. Pick (Arrieta), 77th, $775,100
  4. Comp. Pick (Davis), 78th, 762,900
  5. 3rd Round, 98th, $570,000
  6. 4th Round, 128th, $426,100
  7. 5th Round, 158th, $317,000
  8. 6th Round, 188th, $245,600
  9. 7th Round, 218th, $192,500
  10. 8th Round, 248th, 159,100
  11. 9th Round, 278th, $145,100
  12. 10th Round, 308th, $137,600

That’s a whole lot of money to play with, and plenty of picks to spend it on. I’m sure Cubs SVP of Scouting and Player Development Jason McLeod is licking his chops.

Latest from Bleacher Nation:

Author: Michael Cerami

Michael Cerami covers the Chicago Cubs, Bears, and Bulls at Bleacher Nation. You can find him on Twitter @Michael_Cerami