Amateur signing strategies examined
Updated: July 23, 2003, 11:09 AM ET
By
Jim Baker | ESPN Insider
On Tuesday, I linked you to a story regarding the Devil
Rays' continued "failure" to sign the No. 1 pick
in the amateur draft, Delmon Young. I put a spin on it
that implied this was a bad thing, but, Tracy
Ringolsby of the Rocky Mountain News wrote in to say
that there is clearly a method to their madness:
- Jim: There is some thought that the Devil Rays delay
because they have B.J. Upton's signing bonus on this
year's budget because of the signing time, and part of
that delay in signing was because they didn't have
money last year. What will happen now is Young's
signing bonus will go on next year. Plus, by waiting
until after the season to sign Young he will be signed
to a 2004 contract. That means the four years that the
Devil Rays have Young before he has to go on a 40-man
roster won't start until 2004 and that gives them four
full seasons before he goes on a 40-man plus three
seasons on the 40 man before he has to stay in the big
leagues so they have control for seven years. If he
signed this summer the first year of that seven-year
period would be used up. Once teams get into mid-July
they prefer not to sign a player for the current year
so they can extend their control of his career for a
year. That's why players are often misled unless there
is a significant amount of money involved because they
are giving up an additional year of control to the
signing team.
Tracy Ringolsby
Rocky Mountain News
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