Andrew Brackman received a $3.35 million signing bonus that will be paid out over six years. His four-year contract technically starts this season with the Yankees having options for 2011, 2012 and 2013.
As is typical of Boras contracts, there are bonus payments for being added to the 25-man roster and for reaching certain performance levels.
His being added to the GCL roster is just a formality. The minor-league seasons end in early September and Brackman is injured. He is expected to have elbow surgery sometime soon.
Boras often holds out for Major League deals because the earlier a player is on the 40-man roster, the sooner he can become a free agent.
Brackman is a high-ceiling, fairly high-risk player. High ceiling meaning that he has a great deal of talent, is very athletic and could become a quality big league pitcher. High risk in that he is injured, inexperienced and perhaps a little too tall. Other than Randy Johnson (and in recent years, Chris Young), there are very few good pitchers who are that tall.
But this is the kind of player the Yankees should draft and it’s the strategy Brian Cashman has endorsed in the last two years. If he proves to be a waste of $4.5 million, that’s chump change to them. But they also may have the best player in the draft.
Joba Chamberlain and Ian Kennedy fell in the draft because of injury and signability issues. Look at where they are now.