Saturday, June 15, 2019

Update on bonuses

As predicted, Espino had to sign for significantly under bonus even though I didn't think they would get that done.  They did and that $300,000 savings will almost totally be used up.

By my calculation they have about $500,000 to sign Brown, Curry, Bartlett and Brennan and stay under slot.

Adding in the 5% excess they are allowed to have and not lose a draft pick, they have $800,000 to sign those 4 guys as long as bonuses for guys after round 10 don't exceed $125,000 each.

The slots for the four guys left in the top 10 add up to about $763,000.

So it is likely we will stay inside the budget + 5% if those guys sign for slot or less.  Plus we will have about $35,000 or so left over to go over slot for guys after the 10th round.  It is unlikely that we will avoid the penalty as that would have us sign each of these guys for $125,000 which isn't likely to happen as they all have leverage.

With Brown signing for $230,000 we are now about $240,000 over our budget with three guys left to sign.  It will be interesting to see, after we know their bonuses, how much money is left for post 10th round guys.

Also hearing that Hernandez, at 11, got slightly over slot.  To me that means he got probably $25,000 over slot which eats up about half of the excess we have left, assuming Curry, Bartlett and Brennan sign for slot.

These numbers could signal that these signings end our draft haul for this season. ends unless guys are willing to sign for exactly slot with maybe one more guy being able to sign for a little over slot..

Right now we have not signed #14, 26, 27, 30, 36, 38, 39, 40.

The guys in bold are HS picks and will not sign.   Our 14th round pick, Ike Freeman may still sign. Our 38th round pick, Jake Eissler is unlikely to sign based on the fact he is a college junior and on his low draft slot which generally indicates the guy is going back to his senior year in college.

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