Draft Restraints Mean $100M Less For Amateurs Over 3 Years
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NEW YORK (AP) -- Restraints on signing bonuses that started in 2012 likely have cost ballplayers in the amateur draft more than $100 million over the last three years.
Baseball's players' union agreed to the fiscal rule change, which steered more money toward veterans and away from beginning professionals.
The change also means players subject to the draft are not getting the same hefty signing bonuses given to some international players.
Baltimore Orioles pitcher Kevin Gausman sees big bonuses for a few young Cuban amateurs and thinks he might have been shortchanged when he signed for more than $4 million in 2012 as a first-rounder.
MLB's 30 clubs have strictly followed draft budgets, but some teams haven't been deterred by similar fiscal rules for international players.
Draft spending peaked at $234 million in 2011 after growing an average of 4.9 percent annually the previous 11 years. Meanwhile, big league payrolls have grown steadily.
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