matts42012
Well-Known Member
- Joined
- Jun 3, 2007
- Messages
- 7,174
- Likes
- 8,472
So Lingo was drafted by the Yankee's (16th Round). He said he will sign if the money is right....
Zach said yesterday on 990 AM that he will enroll early and starts classes on July 15th. So that is the deadline for the Yankees.
Signing rules: Since both were drafted below the 10th round, they can have $100,000 bonus without it costing their parent teams bonus allotment. (they can go 5% over on bonus pool without penalty.)
Yankees Bonus Pool: $5,768,400 (5% over is $6,056,820)
Mets Bonus Pool: $7,578,000 (5% over is $7,956,900)
I will use the 5% over bonus for practical purposes.
Lingo wanted "mid to late second round money" aka $1M dollars.
Signed will be in BOLD
Yankees:
Round 1: Pick #18 Signed= $3.2M (Slot = 2.4M)
Round 2: Pick #62 Signed= $950K (Slot = 1M)
Round 3: Pick #98 Signed= $1.15M(Slot = $608,000)
Round 4: Pick #128 Signed Full Slot (Slot = $455,400)
Round 5: Pick #158 Signed $250,000 (Slot = $341,000)
Round 6: Pick #188 Signed= $100,000 (Slot = $255,300)
Round 7: Pick #218 Signed= $10,000 (Slot = $191,500)
Round 8: Pick #248 Signed= $10,000 (Slot= $176,200)
Round 9: Pick #278 Signed= $10,000 (Slot= $164,600)
Round 10: Pick #308 Signed= $10,000 (Slot= $156,600)
Total Left: $0. I actually have them almost over. So Lingo is safe!
Total Spent: $6.2 Million ish
Zach said yesterday on 990 AM that he will enroll early and starts classes on July 15th. So that is the deadline for the Yankees.
Signing rules: Since both were drafted below the 10th round, they can have $100,000 bonus without it costing their parent teams bonus allotment. (they can go 5% over on bonus pool without penalty.)
Yankees Bonus Pool: $5,768,400 (5% over is $6,056,820)
Mets Bonus Pool: $7,578,000 (5% over is $7,956,900)
I will use the 5% over bonus for practical purposes.
Lingo wanted "mid to late second round money" aka $1M dollars.
Signed will be in BOLD
Yankees:
Round 1: Pick #18 Signed= $3.2M (Slot = 2.4M)
Round 2: Pick #62 Signed= $950K (Slot = 1M)
Round 3: Pick #98 Signed= $1.15M(Slot = $608,000)
Round 4: Pick #128 Signed Full Slot (Slot = $455,400)
Round 5: Pick #158 Signed $250,000 (Slot = $341,000)
Round 6: Pick #188 Signed= $100,000 (Slot = $255,300)
Round 7: Pick #218 Signed= $10,000 (Slot = $191,500)
Round 8: Pick #248 Signed= $10,000 (Slot= $176,200)
Round 9: Pick #278 Signed= $10,000 (Slot= $164,600)
Round 10: Pick #308 Signed= $10,000 (Slot= $156,600)
Total Left: $0. I actually have them almost over. So Lingo is safe!
Total Spent: $6.2 Million ish
Last edited: