Sunday, March 10, 2024

2024 Draft - Part 11 - How Much Money Do We Have to Play With?

 OK, even with Snell still being a FA we know where we stand as far as all of the Guardians' draft slots for 2024.  We don't have the official word on the bonus pools or slot values yet but we can guess that each slot value will be about 10% greater than it was in 2023.  Using that increase, here's what we are looking at for all their picks.  For picks #327 and beyond, anything over $150,000 would count against their overall bonus. 

#1 - $10,693,0000
#36 - $2,596,000
#48 - $1,958,000
#84 - $917,290
#114 - $644,600
#147 - $467,610
#177 -$355,190
#207 - $277,750
#237 - $222,420
#267 - $196,900
#297 - $184,910                                        
#327 - Bonus - $150,000, if < 0 then = 0
#357 - Bonus - $150,000, if < 0 then = 0
#387 - Bonus - $150,000, if < 0 then = 0
#417 - Bonus - $150,000, if < 0 then = 0
#447 - Bonus - $150,000, if < 0 then = 0
#477 - Bonus - $150,000, if < 0 then = 0
#507 - Bonus - $150,000, if < 0 then = 0
#537 - Bonus - $150,000, if < 0 then = 0
#567 - Bonus - $150,000, if < 0 then = 0
#597 - Bonus - $150,000, if < 0 then = 0

Cleveland Guardians' 2024 estimated budget pool: $18,513,670

Budget pool plus 4.99% (maximum overage to avoid losing a future 1st rd draft pick): $19,437,502

In 2023, the Guardians had a total draft budget of $8,736,700.  

Obviously they can get really good players from this draft IF they choose wisely and IF their draftees are not selfish about trying to get every dollar possible.  They are becoming part of a franchise that is run to be competitive for the playoffs, even without bringing in expensive veterans, for the next 10 years.  It also likely gives them more money in rounds 11-20 than they ever have had, assuming they use the entire 4.99% overage and don't cheap out on this draft year.  That could make this draft, if the draft people choose wisely, the best draft in the history of the Guardians.

By comparison, the Pirates had a draft budget of $16,185,000 in 2023.  If they had spent the overage it would have been $16,992,631, still $2.5 million less than the Guardians if they spend their overage. 

So, let's go!!!

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