Now that the MLB Draft is over, it's time for teams to begin working on signing the top prospects they potentially added to their farm system.
Just because a team drafted a player doesn't mean they're guaranteed to play for them. MLB has certain rules that differ from other drafts like the NFL or NBA where a player can re-enter the draft at a later date if they are unable to reach a deal with the team they were selected by.
A top draft pick never actually suiting up for the team that took them is more common than some might think. Twice in the last seven years a player has been drafted in the Top 10 but ended up playing somewhere else.
Kumar Rocker was picked by the Mets in 2021 but questions over his physical led to him not signing before the deadline and re-entering the draft a year later. Kyler Murray was picked by the A's in 2018 but decided to play football, becoming the No. 1 pick in the NFL Draft in 2019.
Last year the Minnesota Twins went to the wire with Walker Jenkins, getting a deal done with the No. 5 overall pick right before the deadline passed. This year the team is hoping things go a little smoother, but there's a ton of work to do and short window of time to get it done.
Which Minnesota Twins 2024 draft picks have signed and for how much?
Teams have until August 1st at 4 pm CT to sign their picks otherwise a couple of not-so-great things happen.
Not only will the player be eligble to get drafted again next July, but the slot money alloted to the pick will still be subtracted from the team's bonus pool. This year the Twins have a pool of $12,209,600, the bulk of which is tied to Minnesota's top four picks.
Each of those players are valued at over $1 million, with Kaelen Culpepper due to biggest bonus at $3.9 million. This isn't a locked in value of what each player is owed, rather the suggested sticker price for teams to use when figuring out a contract.
It's a recommendation, not a rule.
Think of the bonus pool money like an auction draft. Teams can go above or below the value of each slot, but there's caveats on both ends. If a team convinces a player to take less, that means more money to spend elsewhere but if a team exceeds the slot value then it has to start paying a tax.
Here's a look at where things stand with each of the Twins first ten draft picks:
Last Updated: 7/17/24
Round (Pick) | Player | Position | Slot Money | Status |
|---|---|---|---|---|
Rd. 1 (Pick 21) | Kaelen Culpepper | SS | $3,934,400 | Not Signed |
Rd. 1 (Pick 33)* | Kyle DeBarge | SS | $2,766,100 | Not Signed |
Rd. 2 (Pick 60) | Billy Amick | 3B | $1,453,700 | Not Signed |
Comp. Round B (Pick 69) | Dasan Hill | P | $1,168,000 | Not Signed |
Rd. 3 (Pick 96) | Khadim Diaw | C | $759,700 | Not Signed |
Rd. 4 (Pick 126) | Jaime Ferrer | OF | $567,400 | Not Signed |
Rd. 5 (Pick 159) | Caden Kendle | OF | $411,000 | Not Signed |
Rd. 6 (Pick 188) | Derek Bender | C | $320,800 | Not Signed |
Rd. 7 (Pick 218) | Eli Jones | P | $251,500 | Not Signed |
Rd. 8 (Pick 248) | Jakob Hall | P | $207,800 | Not Signed |
Rd. 9 (Pick 278) | Jason Doktorczyk | P | $189,500 | Not Signed |
Rd. 10 (Pick 308) | Peyton Carr | 3B | $179,700 | Not Signed |
Slot values differe from pick-to-pick in the first ten rounds. Anything after that has a flat rate value of $150,000 per player, including undrafted free agents.
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