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2024 MLB Draft: Bonus Pools, Slot Values For Each Team — College Baseball, MLB Draft, Prospects

2024 MLB Draft: Bonus Pools, Slot Values For Each Team — College Baseball, MLB Draft, Prospects

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(Photo by Daniel Shirey/MLB Photos via Getty Images)

MLB sent teams slot values and bonus pool information for the 2024 draft. After winning the second-ever draft lottery, the Cleveland Guardians lead all teams with an $18,334,000 pool and a first overall draft pick that comes with a slot value of $10,570,600. 

Below are the full bonus pool amounts for each team: 

Team Bonus Pool
CLE $18,334,000
COL $17,243,400
CIN $15,842,100
KC $15,418,300
OAK $15,347,900
CWS $14,593,300
PIT $14,000,500
LAA $12,990,400
MIL $12,984,400
ARI $12,662,000
MIN $12,209,600
DET $11,921,800
WSH $11,500,100
BAL $10,920,900
BOS $10,521,600
MIA $10,438,500
STL $10,213,000
TB $10,093,100
CHC $9,802,300
NYM $9,572,200
SEA $9,543,300
SD $9,360,500
TOR $8,987,000
NYY $8,134,500
ATL $7,765,000
SF $7,566,200
PHI $7,381,800
TEX $6,997,900
LAD $6,114,700
HOU $5,914,700

The slot values for the draft are determined each year by matching the growth in revenues in baseball. The 2023 draft had a first overall pick with a slot value of $9,721,000 compared to this year’s $10,570,600 1-1 slot value—an 8.7% increase.  

The total bonus pool value for all clubs in the 2024 draft checks in at $334,375,000, which is more than $27 million more than the total bonus pool value from the 2023 draft—$307,335,300.

The 2023 draft saw two players sign for $9 million or more, with Paul Skenes shattering the all-time draft bonus record with a $9.2 million bonus as the first overall pick and LSU teammate Dylan Crews checking in just behind at $9 million as the second overall pick.

The teams picking in the top three in 2024 each have the top three bonus pools to work with, though the Rockies (picking No. 3 overall) have the second-largest bonus pool at $17,243,400, while the Reds (picking No. 2 overall) have the third-largest bonus pool at $15,842,100. This is primarily because the Rockies have a supplemental first-round pick that comes with nearly a $2.5 million slot value and the fact that the Rockies will pick third overall in each round following the first, while the Reds will pick 12th.

The D-backs have a tremendous amount of bonus pool money to work with considering where they are picking in the first round. Despite picking 29th overall, Arizona’s $12,662,000 bonus pool is the 10th largest and a greater total pool than each of the teams picking in the 18-30 range. This is the impact of a PPI selection (via Corbin Carroll) just after the first round worth $2.9 million in slot value as well as a…

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