Connect with us

Hi, what are you looking for?

Top Stories

Urgent Update: MLB Draft Signing Deadline Sees Major Deals

UPDATE: Just moments ago, the MLB draft signing deadline has closed, with a striking majority of top picks securing deals. Notably, Clemson outfielder Cam Cannarella has signed with the Miami Marlins for a significant $2,277,425 bonus, marking a successful conclusion to the draft for most elite prospects.

By the deadline on Monday, only two of the top 315 players selected in this month’s amateur baseball draft failed to reach agreements. This development underscores the urgency and competitiveness of the MLB landscape. Cannarella, chosen 43rd overall by Miami, has agreed to a deal just above the slot value of $2,276,700.

However, the most notable absence is Angel Cervantes, the right-handed pitcher selected 50th overall by the Pittsburgh Pirates. Cervantes has confirmed he will attend UCLA instead of signing, representing a significant decision for the young athlete. The Pirates will receive an additional pick in next year’s draft as compensation, specifically the 51st overall selection.

In another unexpected turn, outfielder Mason Ligenza, picked 195th overall by the Los Angeles Dodgers, also opted to pursue college at the University of Pittsburgh, opting out of a professional career for now.

The signing deadline, which applied to all draft players except those who exhausted their college eligibility, has left teams scrambling. Players in that category can sign until a week before next year’s draft, adding an interesting dynamic to the ongoing recruitment process.

Among the major signings, shortstop Eli Willits, taken first overall by the Washington Nationals, secured a staggering $8.2 million bonus. Additionally, UC Santa Barbara right-hander Tyler Bremner, chosen second by the Los Angeles Angels, has signed for $7,689,525, while LSU left-hander Kade Anderson, selected third by Seattle, agreed to a lucrative $8.8 million contract.

Furthermore, Ethan Holliday, an infielder from Stillwater High School and brother of MLB player Jackson, was signed by Colorado for an impressive $9 million, illustrating the financial stakes at play for these young athletes.

Importantly, no team exceeded its signing bonus pool by over 5%, a critical threshold that would have led to the loss of a first-round pick in next year’s draft. In total, twenty teams went over their pool by 5% or less, with twelve teams hitting the exact 5% mark. This trend highlights the careful financial strategies teams are employing while navigating the complexities of player agreements.

As fans and teams reflect on this year’s draft outcomes, all eyes will now turn to how these young talents will develop in their respective organizations. The next significant milestone in the MLB calendar will undoubtedly be the upcoming draft, where teams will continue to build their futures.

Stay tuned for further updates as the landscape of professional baseball continues to evolve. This signing period has reshaped the trajectories of many players and teams alike, setting the stage for an exciting future in MLB.

You May Also Like

Technology

Tesla (TSLA) recently reported a year-over-year drop in second-quarter deliveries, yet the market responded with optimism, pushing the stock up by 5%. This unexpected...

Health

The All England Lawn Tennis Club in London experienced its hottest-ever opening day on Monday, as the prestigious Wimbledon tournament kicked off under unprecedented...

Science

Look out, daters: a new toxic relationship trend is sweeping through the romantic world, leaving many baffled and heartbroken. Known as “Banksying,” this phenomenon...

Technology

In a bold reimagining of the DC Universe, director James Gunn has introduced a significant narrative element in his latest film, which reveals that...

Entertainment

Netflix’s eagerly anticipated talent competition Building the Band is set to premiere on July 9, promising an emotional journey for viewers. This series, centered...

Technology

Former Speaker of the House Nancy Pelosi has recently made headlines with her latest investment in the tech sector. According to official filings, she...

Entertainment

A new documentary series titled “Animals on Drugs” is set to premiere on the Discovery Channel on July 28, 2023. The three-part series follows...

World

The first dose of the hepatitis B vaccine is recommended at birth, a practice that has come under scrutiny following recent comments by Health...

Sports

ZAGREB, Croatia — A concert by Marko Perkovic, a right-wing Croatian singer known for his controversial views, attracted tens of thousands of fans to...

Business

Erin Dana Lichy, a prominent cast member of “Real Housewives of New York,” has officially settled into her dream home, a grand townhouse located...

Politics

Billionaire hedge fund manager Bill Ackman faced significant backlash following his professional tennis debut at the Hall of Fame Open in Newport, Rhode Island,...

Lifestyle

The upcoming TRNSMT 2025 festival is set to take place from July 7 to July 9, 2025, at Glasgow Green, and organizers have released...

Technology

Meta has officially opened preorders for its new Oakley smart glasses, the limited edition HSTN, ahead of their anticipated release on July 22, 2023....

Entertainment

While the echoes of Summer Game Fest 2025 and the Xbox Games Showcase still resonate, Xbox has already set its sights on the next...

World

In Kerr County, Texas, the looming threat of flash flooding has been a persistent concern for local officials. Years before devastating floods claimed over...

World

CHONBURI, Thailand — The world-famous pygmy hippo, Moo Deng, celebrated her first birthday on Thursday at Thailand’s Khao Kheow Open Zoo. Despite her burgeoning...

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.