Originally Posted by Red Leader
So, if I'm understanding correctly, if in an amateur draft there are only 19 "stud" prospects and then a pretty big drop off, and you draft 20th, you can pick whoever you want, not sign them and get a #21 pick the following year? Same situation in the 2nd round. You draft 20th in the second round. You only like 19 players in the 2nd round, so you draft someone, don't sign them and get the 21st pick the next year.
Now, what if you are the Royals. You have the #2 pick. You draft a Boras client, don't sign him and finish with the worst record in baseball in 2007. You now have the #1 and #3 picks in the draft for 2008.
I like it. It allows cheap clubs like the Royals to gain more through the draft without shelling out crazy signing bonuses to unproven kids.
It also allows cheap clubs to re-draft prospects who refused to sign with them the previous year. For instance, some stud HS outfielder gets drafted by a team with the #7 pick, but refuses to sign. The next year, the team gets its regular pick (#10 for the sake of argument) plus the #8 pick as compensation. So they draft the same HS outfielder again (with the #10 pick this time, not with their compensation pick) and tell him he can either sign or go earn $15K playing in the Independent League for a second straight year. No skin off their backs, because they still have a first-round pick and they'll get the #11 pick as compensation next year. Nice.