2020 MLB Draft
- Thread starter BruinVol
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Play one season of Rookie ball and get $20k plus $1500 a month during that season and then free tuition.
That's a better deal than a lot of college players get.
Even though it's not guaranteed, there has to be a longer contract for many of these guys. They're not giving Crochet $4 million and let him walk away after one year if he decides he wants to be a nuclear engineer.
That's a better deal than a lot of college players get.
Even though it's not guaranteed, there has to be a longer contract for many of these guys. They're not giving Crochet $4 million and let him walk away after one year if he decides he wants to be a nuclear engineer.
Take your pick.
1) 4 year career in the minors with 20k signing bonus and 1200 a month for 6 months of the year.
That’s 12,200 a year before taxes living with 4 others players sleeping on floors in ****** apartments.
Or
2) college life with great coaches, great facilities, getting a college education, Traveling and staying in nice hotels, and getting stipends for extra
Food all the long the way and I didn’t mention the coeds or mention the possibility of developing into a draft that gets some real signing bonus down the road.
the choice is easy for most
1) 4 year career in the minors with 20k signing bonus and 1200 a month for 6 months of the year.
That’s 12,200 a year before taxes living with 4 others players sleeping on floors in ****** apartments.
Or
2) college life with great coaches, great facilities, getting a college education, Traveling and staying in nice hotels, and getting stipends for extra
Food all the long the way and I didn’t mention the coeds or mention the possibility of developing into a draft that gets some real signing bonus down the road.
the choice is easy for most
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Yanks24 and txbo
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The education incentive is negotiated and taxed. It is equal to however many years you had left to graduate at the amount that it costs for full expenses (room and board) at the college you were attending or signed NLI with. So if Chase or any UT player took the education incentive it would be worth about $27,000 pre-taxes for 1 year. Has 10 years to use it or lose it and has to be used for school. If you don't use it you still pay taxes on it.
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There's also a chance a player will sign because their grades may not be so good, putting their ability to play in doubt. (I do NOT know this to be the case for any Tennessee player, so no one should misinterpret this).
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txbo and BruinVol
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Stupid, WTF are these kids doing, he must have had no guidance and where was his coach.
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Volsbaseballfan1
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I'm sure he was drafted in the 3rd round because he agreed, beforehand, to sign for $20K so the team, the Mets in this instance, could save bonus money in order to sign 2nd round pick J.T. Ginn. Those type of deals have always been made. Just in the past, with a 40 round draft, a team could what longer , rounds 7,8,9,10, before making those kind of selections. And it's highly likely that if the player in question doesn't make this deal would have been undrafted and probably not signed as a UDFA.
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