Quote:
Originally Posted by DirtySox
2012 Draft bonus pools have been released.
The White Sox are allotted $5,915,100 for 11 picks in the first 10 rounds. The extra pick is Buehrle compensation.
For reference the White Sox spent $2,126,300 on draft bonuses in the first 10 rounds in 2011, and $2,786,300 total on the draft.
Keep in mind, with the new CBA a team that exceeds its bonus pool by 0 - 5 percent must pay a 75 percent tax on the overage. The penalties increase, with a 75 percent tax and the loss of a first-round pick for a 5 - 10 percent overage. There is a 100 percent tax and the loss of first and second round picks for a 10-15 percent overage. Last is a 100 percent tax and the loss of two first-rounders for an overage of 15 percent or more.
Also quite significant is that If a team fails to sign a player in the first 10 rounds, its draft cap is reduced by the assigned value of his pick.
Can see each team's bonus pool here.
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Wow, that's an eye opener, even if we only signed 8 players out of the top 10 rounds.
So I wonder what Jerry budgets for this year: Was his cheapness in the draft before more keeping in lockstep with Bud and his slotting system or just plain cheapness...