Mets Have $6.9 Million In Pool Money For 2013 MLB Draft

2013 draft

The Mets will have $6.99 million to spend on the 2013 Draft this June. This according to an announcement by Major League Baseball.

2013 bonus pool

The approximate $7 million represents the tenth largest sum among all MLB teams and covers their first 11 selections in the draft through ten rounds. The Astros, who have the No. 1 overall pick, will have the largest bonus pool at $11,698,800, while the Nationals have the smallest pool at $2,737,200.

The Mets have an extra pick after the second round for failing to sign RHP Teddy Stankiewicz last year.

According to Jim Callis of Baseball America, a team that exceeds its bonus pool by as much as five percent must pay a 75% tax on every dollar they go over pool.

“The penalties get much harsher after that: the loss of a first-round pick and a 75 percent tax for blowing past a bonus pool by more than 5 and up to 10 percent; the loss of first- and second-rounders and a 100 percent tax for more than 10 and up to 15 percent; and the loss of two-first-rounders and a 100 percent tax for more than 15 percent.”

Here is the draft order for the first round where the Mets will select at No. 11 this year.

First Round

1. Houston Astros
2. Chicago Cubs
3. Colorado Rockies
4. Minnesota Twins
5. Cleveland Indians
6. Miami Marlins
7. Boston Red Sox
8. Kansas City Royals
9. Pittsburgh Pirates (M. Appel – unsigned)
10. Toronto Blue Jays
11. New York Mets
12. Seattle Mariners
13. San Diego Padres
14. Pittsburgh Pirates
15. Arizona Diamondbacks
16. Philadelphia Phillies
17. Chicago White Sox
18. Los Angeles Dodgers
19. St. Louis Cardinals
20. Detroit Tigers
21. Tampa Bay Rays
22. Baltimore Orioles
23. Texas Rangers
24. Oakland Athletics
25. San Francisco Giants
26. New York Yankees
27. Cincinnati Reds