Jordan Luplow Bonus Information and Where the Pirates Draft Stands Now

Last night, the Pittsburgh Pirates signed their third round draft pick, Fresno State outfielder Jordan Luplow. According to Chris Cotillo, Luplow got a $500,000 bonus, which is $24,300 under the slot amount. Not a huge savings for over-slot picks, but a savings none the less.

Our draft signing tracker has been updated with the new information and we now know the bonuses for all but three of the Pirates 12 picks in the first ten rounds. Seventh round pick Nelson Jorge signed a few days ago, though his bonus hasn’t been reported yet. Ninth round pick Kevin Krause hasn’t signed yet and Connor Joe, the 39th overall pick, signed last night, but his bonus information hasn’t been released yet.

With what we know so far, the Pirates have spent over-slot already, with a total of $2,000,000 being spent on pitchers Mitch Keller and Trey Supak(64th and 73rd overall picks), who had a combined slot value of $1,658,800. The Pirates saved $125,500 on first round pick Cole Tucker and saw some minor savings with four other picks, including Luplow. That leaves them $116,000 over-slot at this moment.

Most expect Connor Joe to sign for under slot, netting the Pirates some savings there. They also can spend up to an extra 5.0% on top of their bonus pool without losing a draft pick in next year’s draft. They would have to pay a 75% tax on the extra spending, but that won’t keep them from signing more draft picks. Last year, they went over their bonus pool when they signed Erich Weiss to a $305,000 in the 11th round.

  • Honestly I think the Pirates and the scouting staff will get Hinsz signed. He’s an impressionable young man from Montana and they will bring him back to see the facilities, attend a game, have him throw on the side, meet some players, get his parents involved, make an offer and he will sign. I think we will get him for much less than some of the figures being thrown around.

  • William Wallace
    June 17, 2014 2:05 pm

    The best thing to come out of the last CBA was the draft slotting. Guys now get drafted and know where they stand and either can start their professional career or go back to school. Agents now do not dictate the game. Although this supposed to hurt teams like the Pirates I disagree. Money is spent as allocated and it takes a smarter scouting and development profile.

    • I couldn’t agree more. Look at how many players we are already watching in Jamestown when in previous years half of our prep and third year players wouldn’t be signed until July. Around the league most first rounders are in camps instead of in negotiation. It’s a very good thing for both player and organizations.

  • So we’ve got 29 players signed already and I expect they will be signing a couple more so Bristol will have a lot of draftees to work with and I think that was job #1 this year. Hinsz would be nice but it really comes down to how much they can pocket under slot from Joe. His signing either means they are cutting bait with Hinsz or both are under contract as we speak. Their really aren’t many other players they can sign under slot to make up $$$. Those few 33+ rounders out there have such small slot allotments they could all take $100 gas card and still not give us Hinsz money. If we don’t sign him it will give us all something to kvetch about when he goes in the first round in 2017. I won;t lose sleep. In retrospect, and with so many early signees doing well with the Jammers, I’m learning to live with PiratesDraft2014.

    • PiratesFan1975
      June 17, 2014 1:14 pm

      The bonus pool is the sum of the round 1-10 pick slots. You can’t save on any $ money on bonus pool after the 10th round. However anything over $100K after round 10 counts against the bonus pool. At this point the savings can only come from Joe, Jorge & Kraus.

      • John Dreker
        June 17, 2014 1:18 pm

        Just to add in case people don’t know, they have to sign Krause for it to matter towards bonus savings. If he doesn’t sign, they lose the whole slot amount

    • John Dreker
      June 17, 2014 1:16 pm

      After the tenth round, the other picks just have a 100k limit and then anything over counts against the bonus pool. There is no draft pool bonus for signing them for less than 100k. Basically $500 and $100,000 means the exact same thing for the bonus pool

      • Thanks! This years draft is certainly a learning experience. I feel like anyone who masters the new cap-ology should get 3 college credits.

        • I actually had the penalty wrong at first and I do this all the time. I had 50% at first, but changed it to 75% after seeing the Erich Weiss article from last year

  • Assuming Joe signs for under slot, how much money will have the Pirates have to play with before forfeiting a draft pick? More importantly, how much will it take to sign Gage Hinsz out of his commitment to Oregon State?