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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…