The Philadelphia Phillies look to build up their farm system in the 2022 MLB draft. Because of the signing of Nick Castellanos the Phillies had to forfeit their second round pick. They also had to forfeit slot money. It left the Phillies with the 27th “most” slot money.
If you are unaware of how the MLB draft works, teams are given an amount of money based on the picks they have. The higher the pick, the more money they get. The more picks a team has, the more money they have. Teams can not trade their 1st round pick but they CAN trade compensation picks. Acquiring picks would also acquire slot money.
Unlike other drafts in pro sports, in baseball the best player does NOT always go first. Teams have to consider a players signability when making a pick. The Phillies did this with Mickey Moniak. They took Moniak first overall but he wasn’t tabbed as the best player in the draft. They knew however that Moniak was willing to sign below slot value and with that savings they took Kevin Gowdy in round 2 who had “signability issues.”
The slot money pertains to the first 10 rounds. So here is the Phillies draft tracker through 10 rounds!