NEW YORK (AP) ? Spending by teams in baseball's amateur draft dropped by 11 percent in the first year of restrictions imposed by the new labor contract. Teams allocated $207.8 million to draft picks, down from $233.6 million last year though still the second-highest annual total, according to figures compiled by Major League Baseball. [...] no team reached the second level of the tax, which would cause a club to forfeit its next first-round draft pick. Under the escalating penalties, if the Blue Jays had spent one additional dollar, they would have lost their next first-round pick. "Clubs that wanted to pick the players they wanted couldn't," said Appel's adviser, Scott Boras, a frequent critic of the new rules. Because of the system, they could not spend what was needed to sign the best player.
cash back closing refinance real estate loan refinance closing date
No comments:
Post a Comment