Originally Posted by jabrch
MLB has recommendations for what players who are drafted should be paid. But they can't enforce them. Some teams, Boston, NY, CHC and Detroit more than most, are willing to draft guys in later rounds and pay them like higher picks. They get 1st round talent in later rounds and pay them like first rounders.
An example that is seen is Rick Porcello. Boras Client, was known to be a tough sign. He didn't go in the top 10 as projected. You would think that would mean he would go 11-12-13. But Boras told teams if you want him, you pay him like a top 10 pick.
So then you have a team like Detroit towards the bottom of round 1. They see players who are far lesser talents and will sign for the chance to play. They also see this kid who has the talent of one of the top 10 players in the draft but it will cost them a ton of money. It isn't like the NFL where players who fall tend to be forced to take less money.
Basically going over slot lets teams in the bottom of the draft draft like they are in the top 10.