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Major League Baseball amateur draft spending up 6 percent this year

Published January 13, 2015

Associated Press

Teams spent $219.9 million on signing bonuses for selections in baseball's amateur draft this year, up 6 percent from $207.8 million at a similar point last year.

The rise followed a 10 percent drop from a record $233.6 million in 2011, the last year before restrictions imposed by baseball's collective bargaining agreement with players.

Eleven teams went over their signing bonus pools — one more than last year — and will pay a total of $1.8 million in tax, according to preliminary figures compiled by Major League Baseball. But no club went over by more than 5 percent and reached the second level of penalties, which would cause a club to forfeit its next first-round draft pick.

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