Grant Holmes screencap

Dodgers sign 2014 first-round pick Grant Holmes

Grant Holmes screencap

It was just a matter of time before it happened, but the Dodgers on Tuesday officially inked 2014 first-round draft pick Grant Holmes.

Jim Callis of MLB.com tweeted and said Holmes’ bonus is worth $2.5 million. At most, it’s a deal worth almost $519,500 more than the slot amount for the No. 22 pick. That amount would have made him the 14th or 15th pick, which was supposed to be his floor. Instead, he fell to the Dodgers at 22 and was paid as a Top 15 guy. Not a bad deal all around.

Holmes is already in Arizona after visiting Dodger Stadium last night. While there’s no official word, it’s pretty clear he’ll begin his professional career in the Arizona Rookie League. That’s exactly where the 18-year-old should be.

Here’s what I wrote about him when the Dodgers selected him 13 days ago.

“Holmes has a legitimate mid-90s fastball that touched 100 MPH in the past. It even hit the mid-90s late in outings and has plus-life. It definitely grades out as a plus-pitch down the road.

He has one of, if not the best, high school curveball in the draft. It’s a true hammer that sits in the low-80s. It can easily be mistaken for a slider. It’ll be a big swing-and-miss pitch for him going forward.

Holmes also has a changeup that has flashed average in the past. That will need to be refined for him to remain in the rotation, but the 18-year-old has plenty of time to work on that.

His delivery needs a little work, as he finishes a more upright than I’d like to see. But everything else really reminds me of a more athletic Chad Billingsley. He doesn’t have the bigger lower-half that Billingsley does, but he has a similar delivery and arsenal (stay away from the cutter!). Holmes is also in the mold of former Dodger first-rounders Chris WithrowEthan Martin and, to a (much) lesser extent, Lee.”

Up to this point, the Dodgers had saved $292,100 on their rounds 2-10 signings. With the reportedly Holmes signing for $2.5 million, they’re officially over budget — but they’re not in an trouble regarding next year’s draft.

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Dodgers 2014 MLB Draft Picks

Dodgers select RHP Grant Holmes at No. 22 in the 2014 MLB Draft
Dodgers select OF Alex Verdugo in the 2nd round of the 2014 MLB Draft
Dodgers take John Richy, Jeff Brigham, Jared Walker in rounds 3-5 of 2014 MLB Draft
Dodgers take Stewart, Oaks, Redman, Campbell, Hering in rounds 6-10 of 2014 MLB Draft
Dodgers picks Vanegas, Freeman, Allen highlight rounds 11-25 of the 2014 MLB Draft
Dodgers picks Sylvester, Bain, Moore highlight rounds 26-40 of the 2014 MLB Draft

Dodgers sign 10 picks from 2014 draft, including Verdugo, Richy, Walker, De Jong, Kowalczyk
Dodgers sign 2014 draft picks Jeff Brigham (4th) & Trevor Oaks (7th)
Dodgers sign 10 more 2014 draft picks, including Taylor, Freeman, Wolfe, Vela, Allen

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Draft Bonus Pool Reminder

All money paid to picks in the first 10 rounds count toward the bonus pool of $4,947,700. Players selected from rounds 11-40 can be paid up to $100,000 without affecting the bonus pool, but whatever amount given over $100,000 counts against the bonus pool.

So what’s the penalty for going over?

Up to 4.999 percent over ($5,195,084) the team pays a 75 percent tax on the amount over. Up to 9.999 percent over ($5,442,469) the team pays the 75 percent tax on the amount over and loses next year’s first-round pick. Up to 14.999 percent over ($5,689,854) the team pays a 100 percent tax on the amount over and loses next year’s first-round and second-round picks. From 15 percent ($5,689,855) and up the team pays the 100 percent tax on the amount over and loses the first-round pick for the next two years.

So basically the Dodgers can use up to $5,195,084 on this year’s bonus pool draft picks without losing anything significant aside from money.

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RoundPlayerSlotBonusDifference
1Grant Holmes$1,980,500$2,500,000+$519,500
2Alex Verdugo$914,600$914,600$0
3John Richy$534,400$534,400$0
4Jeff Brigham$396,300$396,300$0
5Jared Walker$296,700$296,700$0
6Brock Stewart$222,200$190,000-$30,200
7Trevor Oaks$166,600$161,600-$5,000
8Hunter Redman$154,500Not SignedN/A
9Matt Campbell$144,300$20,000-$124,300
10Colin Hering$137,600$5,000-$132,600
Total2014 Draft$4,947,700$5,018,600+$225,400

As of this moment, the Dodgers are $176,484 under budget, if you factor in the 5 percent. That means they can sign Hunter Redman, or any guy drafted in rounds 11-40, with that much money over slot. So, Redman could conceivably sign for $330,984, but that would mean only $100,000 bonuses for the remaining unsigned draftees. But that won’t happen, as Redman won’t command that type of bonus.

Eleventh-rounder A.J. Vanegas might command a bonus worth more than $100,000, and the Dodgers have some high school guys they drafted who they could try to sign, so the more money they can save on Redman, the better.

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It’s great to have Holmes officially in the fold. Some say he could move fast through the system (and he could), but I’m betting they take it a little slow with him. Starting in Arizona is a good first step, and I could see him skipping Ogden and going to Great Lakes, which wouldn’t be the worst move.

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In more minor signing news, the team inked 27th round pick Harlan Richter.

RoundPlayerSlotBonusDifference
11A.J. Vanegas$100,000 LimitNot SignedN/A
12Kameron Uter$100,000 LimitNot SignedN/A
13Ryan Taylor$100,000 LimitSignedUnknown
14Kelvin Ramos$100,000 LimitSignedUnknown
15Joe Broussard$100,000 LimitSignedUnknown
16Devan Ahart$100,000 LimitSignedUnknown
17Tyler Wampler$100,000 LimitSignedUnknown
18Clint Freeman$100,000 LimitSignedUnknown
19Gary Cornish$100,000 LimitNot SignedN/A
20Brian Wolfe$100,000 LimitSignedUnknown
21Ivan Vela$100,000 LimitSignedUnknown
22Bubby Rossman$100,000 LimitSignedUnknown
23Andrew Godbold$100,000 LimitNot SignedN/A
24Jimmy Allen$100,000 LimitSignedUnknown
25Matt Jones$100,000 LimitNot SignedN/A
26Deion Ulmer$100,000 LimitSignedUnknown
27Harlan Richter$100,000 LimitSignedUnknown
28Bill Bereszniewicz$100,000 LimitNot SignedN/A
29Christian Trent$100,000 LimitNot SignedN/A
30Brant Whiting$100,000 LimitNot SignedN/A
31Derrick Sylvester$100,000 LimitSignedUnknown
32Scott De Jong$100,000 LimitSignedUnknown
33Carson Baranik$100,000 LimitNot SignedN/A
34Hunter Bross$100,000 LimitNot SignedN/A
35Tanner Chauncey$100,000 LimitNot SignedN/A
36Kyle Kocher$100,000 LimitNot SignedN/A
37Karch Kowalczyk$100,000 LimitSignedUnknown
38Caleb Ferguson$100,000 LimitNot SignedN/A
39Jeff Bain$100,000 LimitNot SignedN/A
40Sam Moore$100,000 LimitNot SignedN/A
Total2014 Draft0 Over LimitUnknownUnknown

About

Dustin Nosler began writing about the Dodgers in July 2009 at his blog, Feelin’ Kinda Blue. He co-hosts a weekly podcast with Jared Massey called “Dugout Blues.” He graduated from California State University, Sacramento, with his bachelor’s degree in journalism and a minor in digital media. While at CSUS, he worked for the student-run newspaper The State Hornet for three years, culminating with a 1-year term as editor-in-chief. He resides in Stockton, Calif., and has yet to be shot.