The LoHud Yankees Blog

A New York Yankees blog by Chad Jennings and the staff of The Journal News

Teams invest heavily in the future

Posted by: Peter Abraham - Posted in Misc on Aug 16, 2007 Print This Post Print This Post | Email This Post Email This Post

In a bit of a surprise, all 30 of the first-round picks signed before the midnight deadline.

In all, they received $63 million in signing bonuses. That’s a ton of dough for kids who have never played pro ball. But it shows that most teams are now willing to spend money on development as opposed to free agency.

A $3 million signing bonus for a young player you will have in your control for six years is now seen as a better investment than a free agent who could break down. Like, say, Carl Pavano.

Brackman will probably need surgery at some point. If not now, later. Ligaments don’t magically heal. But he’s worth the money and the 40-man spot. Brian Cashman has finally convinced his bosses that it’s better to make your own aces than to pay a premium to take them away from somebody else.




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