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Anyone know how much Katz signed for!?
Posted on 6/20/13 at 9:26 pm
Posted on 6/20/13 at 9:26 pm
He tweeted a picture today of him signing with Cardinals but I can't find anything about how much.
His slot was around 400K
His slot was around 400K
Posted on 6/20/13 at 9:31 pm to tadelatt
I've always heard that the average minor league yearly salary was around 30k.
I'm pretty ignorant to how signing works in the MLB so what exactly does "his slot was around 400k" mean?
Is that 30k average incorrect?
I'm pretty ignorant to how signing works in the MLB so what exactly does "his slot was around 400k" mean?
Is that 30k average incorrect?
Posted on 6/20/13 at 9:40 pm to CottonWasKing
The 400k would be signing bonus. The actual salary is pretty meager
Posted on 6/20/13 at 9:42 pm to CottonWasKing
quote:It is how much someone drafted in his position is expected to sign for on average. However, some go much higher than their slot and some go much lower.
so what exactly does "his slot was around 400k" mean?
Posted on 6/20/13 at 9:44 pm to DallasTiger45
He won't sign anywhere close to 400K. They will low ball it because he is a senior. With the new rules on draft picks they can take a senior higher in the draft and pay him a lesser signing bonus to have more money to spend on other picks.
Posted on 6/20/13 at 9:45 pm to tadelatt
Wouldn't surprise me if it was 300k with 40-45k a year
Posted on 6/20/13 at 9:48 pm to Georgia Peach
My guess would be between 50k and 100k
Posted on 6/20/13 at 9:50 pm to Georgia Peach
quote:
Wouldn't surprise me if it was 300k with 40-45k a year
Which really isn't bad for a 22 year old. I wouldn't mind pplaying baseball for a few years for 40k a year, lol.
But yeah the guys who get paid really good are the ones drafted near the top and the ones who actually break into the big leagues.
Posted on 6/20/13 at 9:59 pm to dgtiger3
Atleast he went to a great franchise.
Posted on 6/20/13 at 9:59 pm to eelsuee
quote:
It is how much someone drafted in his position is expected to sign for on average.
It actually isn't an average any more. Each pick is assigned a specific amount and thats how each team's total bonus pool is determined.
Posted on 6/20/13 at 10:10 pm to dgtiger3
Someone tells me I could make 45k a year playing baseball and I was 22/23 I would jump on it especially with 30"k up front
Posted on 6/20/13 at 10:14 pm to Georgia Peach
Not sure where all these estimates that he would make 45k are coming from. He will get his signing bonus but assuming he goes to A ball or High A he only stands to make between 900 and 1300 a month and thats only for the season. Not year round. Salary is closer to 4-6k a year. This is true for just about everyone until you get on a Major League 40 man roster or be a career triple A guy where you can make in the 50-60k range. Money is crap until then though
Posted on 6/20/13 at 10:27 pm to BatonrougeCajun
Didn't last years pick I. Same position sign for 612kk signing bonus and salary around 30k a year? (Pick 125)
Posted on 6/20/13 at 10:33 pm to BatonrougeCajun
quote:
Not sure where all these estimates that he would make 45k are coming from. He will get his signing bonus but assuming he goes to A ball or High A he only stands to make between 900 and 1300 a month and thats only for the season. Not year round. Salary is closer to 4-6k a year. This is true for just about everyone until you get on a Major League 40 man roster or be a career triple A guy where you can make in the 50-60k range. Money is crap until then though
absolutely. i know 2 families with their kids in minor league A ball and both say they have to send them money so they can make ends meet without having to spend their signing money. They were 5th and 6th round picks.
Posted on 6/21/13 at 12:55 am to Georgia Peach
Good lord, some of you just don't know. With the new CBA kids can only sign for slotted value or a little over or wayyyy under. Being a Senior, Katz will prolly sign for much less than slot and make $1,100 a month like every other Single A player.
Yes, Single A and less make $1,100 a month. AA = a small promotion to $1,500 a month.
Yes, Single A and less make $1,100 a month. AA = a small promotion to $1,500 a month.
Posted on 6/21/13 at 7:38 am to ThunderCats
• First contract season: $850/month maximum.
• Alien Salary Rates: Different for aliens on visas – mandated by INS
• Triple-A – First year: $2,150/month, after first year no less than $2,150/month
• Class AA – First year: $1,500/month, after first year no less than $1,500/month
• Class A (full season) – First year: $1,050/month, after first year no less than $1,050/month
• Class A (short-season) – First year: $850/month, after first year no less than $850/month
• Dominican & Venezuelan Summer Leagues–no lower than $300/month
• Alien Salary Rates: Different for aliens on visas – mandated by INS
• Triple-A – First year: $2,150/month, after first year no less than $2,150/month
• Class AA – First year: $1,500/month, after first year no less than $1,500/month
• Class A (full season) – First year: $1,050/month, after first year no less than $1,050/month
• Class A (short-season) – First year: $850/month, after first year no less than $850/month
• Dominican & Venezuelan Summer Leagues–no lower than $300/month
Posted on 6/21/13 at 7:43 am to tadelatt
The "slot" allotment of money is based on the point at which he was actually drafted. (Round, pick). That number is what is generally publicly reported as "what he got", in reference to college baseball players after they get drafted. Unless the player actually tells publicly what his signed deal is, it usually is far from the number first reported. The MLB clubs immediately low-ball from the slot number. The process is actually pretty brutal unless you are one of the stars, like Gausman was last year.
Posted on 6/21/13 at 9:50 am to CottonWasKing
This post was edited on 6/21/13 at 9:51 am
Posted on 6/21/13 at 9:52 am to Georgia Peach
You won't make close to 45 a year in the minors they get their money off signing bonus the money they make during the season is a set amount a month based on what level you are at in the minors
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