Welcome to draft day 2012! (new draft rules added to 1st post)

[Snatch Catch]

Re: Welcome to draft day 2012!

I asked this in the other thread since I didn't notice this one - how much $ can the Yankees spend after round 10?

They can spend $3,000,000 without incurring any penalty, but the key is that you can't give any one player after the 10th round more than $100K without it counting towards your bonus pool.

So they could theoretically give the 30 picks from round 11 through round 40 $100K each, for a total of $3,000,000. However, they can't go over $100K on any of them.

So pretty much they can't do anything significant after the 10th without hitting the penalty.

[THEBOSS84]

Re: Welcome to draft day 2012! (new draft rules added to 1st post)

Thanks

[Yankee Fan in Boston]

Re: Welcome to draft day 2012!

They can spend $3,000,000 without incurring any penalty, but the key is that you can't give any one player after the 10th round more than $100K without it counting towards your bonus pool.

So they could theoretically give the 30 picks from round 11 through round 40 $100K each, for a total of $3,000,000. However, they can't go over $100K on any of them.

So pretty much they can't do anything significant after the 10th without hitting the penalty.

In theory, if they were right on the button in signing with their bonus pool for the first 10 rounds, they could go to somewhere in the neighborhood of $300K after round 10 on one player if they were willing to pay the tax, if I am understanding this correctly. That assumes not going over on anyone else after round 10. Not a ton of money, but it's an interesting option

[Snatch Catch]

Re: Welcome to draft day 2012!

In theory, if they were right on the button in signing with their bonus pool for the first 10 rounds, they could go to somewhere in the neighborhood of $300K after round 10 on one player if they were willing to pay the tax, if I am understanding this correctly. That assumes not going over on anyone else after round 10. Not a ton of money, but it's an interesting option

Correct. They can go 5% over the bonus pool while incurring only a simple 75% tax on the overage.

Anything over 5% starts racking up the loss of 1st round picks in the future.