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 2016 Rule 4 Draft SBP is $2.245,100 (it was $7,236,100 in 2015).

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).

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  • Per Fangraphs...

    Bryant took over NL lead in WAR after yesterday's effort. 3.9. Rizzo's at 2.8 and 8th in the league. Rizzo actually with better offensive numbers (161 wRC+ versus 146 for Bryant), but Bryant gets a good bump because of defense and position(s) played.

    Fowler with a 2.8 WAR as well (9th), Zobrist with a 2.7 (14th).

    M. Carpenter leads NL with 163 wRC+ just ahead of Rizzo who is 2nd.

    Rob G. 4 hours 58 min ago view
  • Amen

    jacos 6 hours 36 min ago view
  • @jonahkeri Joe Maddon living out Joe Maddon fanfic IRL tonight

    Rob G. 6 hours 56 min ago view
  • yes. I was at the Sean Marshall game in LF. Lou Piniella was managing. StL won 4-2, so I guess it didn't help but it was zany. Soriano/Reed Johnson and Marshall were the LF's.

    http://m.mlb.com/news/article/5854550/

    7-12-09

    http://scores.espn.go.com/mlb/boxscore?id=290712316

    On a 6 degrees of separation note: Cubs got Travis Wood in the trade that sent Sean Marshall to Cincy.

    Cubster 7 hours 6 min ago view
  • Make that 1-7, 4 RBI.

    billybucks 7 hours 7 min ago view
  • i like how strop played LF with his "crooked cap" look...that's not just for the mound.

    crunch 7 hours 18 min ago view
  • let baez pitch the 15th, he earned it.

    crunch 7 hours 29 min ago view
  • Forget the save, finally Javier!!

    cubbies.4ever 7 hours 29 min ago view
  • Can a pitcher get more than one hold in a game? Or a Win and a save?

    cubbies.4ever 7 hours 32 min ago view
  • Didn't they do this sort of thing with Sean Marshall years back? Sticking him in LF to save him to face others, but without a pitcher replacing him in LF.

    cubbies.4ever 7 hours 42 min ago view
  • This is the most beautiful thing ever.

    Transmission 7 hours 46 min ago view
  • all i wanna know is...when's d.ross gonna pitch?

    crunch 7 hours 49 min ago view
  • Maddon is over-managing the shit out of this game.

    Rob G. 7 hours 51 min ago view
  • yeah. ...or not...

    i was a bit more confused why the guy who gave up a HR to votto last night was facing him with 2 men on.

    ...now that wood is coming in to pitch the following inning, the whole thing gets weirder. so like, okay.

    crunch 7 hours 51 min ago view
  • Javy 0-6. At least he's consistent.

    The E-Man 8 hours 35 sec ago view
  • Sweet play.

    What's with the Travis Wood stuff? Is it because he pitched the last 2 games?

    Rob G. 8 hours 1 min ago view