Yesterday, July 18, was the last day for teams to sign their draft picks from the 2014 MLB Draft, and the Dodgers ended up inking 33 of 40 draftees. Late additions to the Dodger family include 23rd rounder Andrew Godbold and 38th rounder Caleb Ferguson.
Godbold was listed as signed by Baseball America and also lists himself on Twitter as a Dodger. Ferguson made his announcement on Twitter and is a particularly interesting signing since he just underwent Tommy John surgery in May.
Worth nothing that the team officially lists only 30 signees so far, but I’m assuming that the other three are just not official yet. If not, then either news sources or the players themselves were very wrong about something. Also, Eric Stephen of True Blue LA has 32 out of 40 draftees signing and I’m pretty sure he’s going to add Godbold sooner than later as well.
Assuming none of the signees from rounds 11-40 have bonuses over $100,000, the Dodgers finished this signing period $200,900 over the cap, which is 4.06%. That subjects the Dodgers to a tax of 75% on their overage of $200,900, which amounts to $150,675.
If any of the signings from rounds 11-40 do go over the limit, the Dodgers have only $46,484 to work with before they trigger the serious draft penalties. Obviously they don’t want to go there.
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
Dodgers sign 2014 first-round pick Grant Holmes
Dodgers sign 2014 draft picks Redman, Bereszniewicz, Whiting, Baranik
Dodgers sign 2014 draft picks Vanegas, Uter, Jones + $200,900 over slot
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.
|11||A.J. Vanegas||$100,000 Limit||$100,000||$0|
|12||Kameron Uter||$100,000 Limit||$200,000||+$100,000|
|13||Ryan Taylor||$100,000 Limit||Signed||Unknown|
|14||Kelvin Ramos||$100,000 Limit||Signed||Unknown|
|15||Joe Broussard||$100,000 Limit||Signed||Unknown|
|16||Devan Ahart||$100,000 Limit||Signed||Unknown|
|17||Tyler Wampler||$100,000 Limit||Signed||Unknown|
|18||Clint Freeman||$100,000 Limit||Signed||Unknown|
|19||Gary Cornish||$100,000 Limit||Will Not Sign||None|
|20||Brian Wolfe||$100,000 Limit||Signed||Unknown|
|21||Ivan Vela||$100,000 Limit||Signed||Unknown|
|22||Bubby Rossman||$100,000 Limit||Signed||Unknown|
|23||Andrew Godbold||$100,000 Limit||Signed||Unknown|
|24||Jimmy Allen||$100,000 Limit||Signed||Unknown|
|25||Matt Jones||$100,000 Limit||Signed||Unknown|
|26||Deion Ulmer||$100,000 Limit||Signed||Unknown|
|27||Harlan Richter||$100,000 Limit||Signed||Unknown|
|28||Bill Bereszniewicz||$100,000 Limit||Signed||Unknown|
|29||Christian Trent||$100,000 Limit||Not Signed||N/A|
|30||Brant Whiting||$100,000 Limit||Signed||Unknown|
|31||Derrick Sylvester||$100,000 Limit||Signed||Unknown|
|32||Scott De Jong||$100,000 Limit||Signed||Unknown|
|33||Carson Baranik||$100,000 Limit||Signed||Unknown|
|34||Hunter Bross||$100,000 Limit||Not Signed||N/A|
|35||Tanner Chauncey||$100,000 Limit||Not Signed||N/A|
|36||Kyle Kocher||$100,000 Limit||Not Signed||N/A|
|37||Karch Kowalczyk||$100,000 Limit||Signed||Unknown|
|38||Caleb Ferguson||$100,000 Limit||Signed||Unknown|
|39||Jeff Bain||$100,000 Limit||Not Signed||N/A|
|40||Sam Moore||$100,000 Limit||Not Signed||N/A|
|Total||2014 Draft||1 Over Limit||$300,000||+$100,000|