As expected, none of our prospects were drafted on day 2. We now have been in communication with several teams for four of our prospects. Rounds 10 through 40 are on day three and rounds 10 through 15 are the most critical based on monetary value. There is not much wiggle room for teams and the amount of money that they can offer to players from the 10th round through the 20th round due to the limitations the new CBA has put on the draft. Teams cannot exceed $100,000 signing bonus offering unless they plan on paying a luxury tax on any amount over $100,000. Although, if the team has extra cash leftover from previous round draft picks, then they can exceed the $100,000 bonus amount. This is where the early rounds play a factor in how we approach negotiating for our players in these later rounds.
We are now reaching 11pm PST and we are still talking with two teams to reach an agreed offer for our players. The Astros and Twins have been back and forth with bonus offers and to make sure the players will sign if they draft them based on the agreed amount. According to Ryan, the Astros have confirmed a bonus offer and 12th round draft pick for one of our prospects with a signing bonus of $350,000. Now we must wait and see how the first part of day three goes to see if the Astros and Twins keep their word. Throughout all these three days of the draft, the prospects have been told to turn off their cell phone or not to pick up the phone if a scout is calling. I guess this has posed as a bad thing because the scouts will contact the player and get them to agree to a lower amount without involving the agent. The less contact the player has with the scout during the draft, the less the player is willing to make a decision based on emotion. I can understand this reasoning since the players life-long dreams is within arms-reach. For now, we must go home and wait until the third day of the draft begins to see how it plays out.
We are now reaching 11pm PST and we are still talking with two teams to reach an agreed offer for our players. The Astros and Twins have been back and forth with bonus offers and to make sure the players will sign if they draft them based on the agreed amount. According to Ryan, the Astros have confirmed a bonus offer and 12th round draft pick for one of our prospects with a signing bonus of $350,000. Now we must wait and see how the first part of day three goes to see if the Astros and Twins keep their word. Throughout all these three days of the draft, the prospects have been told to turn off their cell phone or not to pick up the phone if a scout is calling. I guess this has posed as a bad thing because the scouts will contact the player and get them to agree to a lower amount without involving the agent. The less contact the player has with the scout during the draft, the less the player is willing to make a decision based on emotion. I can understand this reasoning since the players life-long dreams is within arms-reach. For now, we must go home and wait until the third day of the draft begins to see how it plays out.
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