First-Year Player Draft (MLB Rule 4 Draft) Signing Bonus Pool

There is a maximum limit on the aggregate amount of money that each club can pay as signing bonuses to players selected in a First-Year Player Draft (MLB Rule 4 Draft) before penalties begin to accrue.

Prior to the Rule 4 Draft, each MLB club is assigned a “Signing Bonus Pool” (SBP) equal to the aggregate pre-assigned bonus value of all of the club’s draft slots in the first ten rounds (including supplemental & compensatory draft picks). The higher the slot, the higher the bonus value. (The collective MLB SBP is determined in advance by calculating industry revenues).

The Cubs 2015 Rule 4 Draft SBP is $7,236,100.

If a club fails to sign a player selected in the first ten rounds (including supplemental draft picks), the value of that slot is deducted from the club’s SBP. There is no bonus value assigned to draft slots after the 10th round, but if a club pays a signing bonus in excess of $100,000 to a player selected in the 11th round or later or to a player eligible for selection who was not drafted, the amount of that bonus in excess of $100,000 is deducted from the club’s SBP.

If a club exceeds its SBP in a given Rule 4 Draft, a tax will be assessed and future Rule 4 Draft picks could be forfeited, depending on how much the club exceeded its SBP. (The club’s 1st Round draft pick in the next Rule 4 Draft is forfeited if the club exceeds its SBP by 5-10%, its 1st & 2nd round draft picks in the next Rule 4 Draft are forfeited if the club exceeds its SBP by 10-15%, and the club’s 1st Round picks in the next two Rule 4 Drafts are forfeited if the club exceeds its SBP by more than 15%).

Money collected from the tax on clubs that exceed their SBP will be distributed to qualifying clubs as Revenue Sharing funds, and forfeited draft picks will be reassigned by lottery. (Any club that exceeds its SBP is excluded from the lottery).

Recent comments

The first 600 characters of the last 16 comments, click "View" to see rest of comment.
  • I really like the sound of that idea about expanding the AFL to ten teams. Each org. gets to field more players.
    They should do that anyway, regardless of Adv. Instructs.

  • Dallas Beeler, Corey Black, David Garner, Pierce Johnson, Steve Perakslis, James Pugliese, Duane Underwood Jr, and Rob Zastryzny threw early-morning bullpen side-sessions at Riverview yesterday.  

    Underwood threw last, and received specific one-on-one instruction from pitching coach Mike Mason. 

  • HAGSAG: There are only five advanced instructs squads left, and presently the only "co-op" team operating is the Angels/Cubs.

    The league was originally established as a "parallel" league to the AFL (a sort of "junior AFL"), for players too advanced for traditional ("basic") instructs but who were unable to get placed on AFL rosters due to AFL player-limits.

  • He is but I would think it'd be better to start out with offense and then bring in Jackson and LaStella once they have a lead. Stella has very good PH #s too.

  • most likely cost sharing + the league is short on players anyway. not many teams are chipping in on 'advanced instructional.'

  • I'm glad this is a one game playoff coming up, because McCutchen is one of my favorite MLB players. And as a baseball fan, I rather like the Pirates. I hope we beat them bad, of course. No mixed feelings here. And, I don't want a nail biter. Too old for that shit. The team of moran fans is easy to hate, though, and more suitable for a longer series.

  • A Jurickson Profar sighting!!!!???

  • I'd guess Jackson over Coghlan for the defense.

    EDIT: Now that I think about it, is Jackson a better defender?

  • Less stress on the pitching staff?

  • I recall earlier this season when the Cubs played Bryant in center instead of left due to the weirdness that is the PNC outfield.

  • AZ Phil, what is the reason the Cubs are co-oping this team? They seem to have plenty of talent that would fill a roster.

  • RF is actually easier to play than LF in PNC so I'd guess Schwarber is there and that's why he was playing it Friday but yeah I'd say that's hopefully accurate.

  • Guess for Wednesday's lineup: Fowler (CF), Schwarber (LF), Bryant (3B), Rizzo (1B), Castro (2B), Montero (C), Russell (SS), Arrieta (P), Coughlan (RF)

  • Dusty already has blue and red wrist bands.

    /cmon dude

  • a day old, but fwiw...

    Carrie Muskat @CarrieMuskat · Oct 4
    Theo and Jed at Miller Park to talk to #Cubs Maddon and staff. Playoff roster to be finalized by Wednesday morning

  • I'm guessing the order is the other way around.