Help understanding the MLB draft?

the whole mlb draft is confusing as shite honestly. just do rounds 1-20 or whatever. all this supplemental or draft round 1a is just dumb

Every pick in the first 10 rounds has a slot value attached to it. Teams can offer more/less than that value. They typically will offer more to a high schooler/draft eligible sophomore to entice them to skip out on college. They will offer less to seniors that have no leverage. The important thing to remember is if they do draft a player and that player does not sign, they will lose that available money(slot value) and cannot reallocate it to another draft pick. So basically if a player is drafted in the first 10 rounds, they are more than likely going to sign. If they choose not to sign, unless they’re in the transfer portal already(Cameron Flukey for example) then they have to go back to their school since the portal is closed.

The MLB draft is far and above the most complicated of any of the pro drafts.

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So basically if a player is drafted in the first 10 rounds, they are more than likely going to sign.

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This. Teams can negotiate before the draft. In the last three drafts, only seven players drafted in the Top 10 rounds did not sign. It’s less than 1%.

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If they choose not to sign, unless they’re in the transfer portal already(Cameron Flukey for example) then they have to go back to their school since the portal is closed.

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Thanks! This is what I was curious about, makes sense...

Also didn't realize that there was the aspect of losing out on the money they offer for that player that's an interesting and confusing wrinkle

Actually I think they call before the pick is made and if the player verbally agrees to the value the pick is made. If he doesn’t he isn’t picked.