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August 15, 2007

Yankees Sign Draft Picks

From Baseball America -

The Newark Star-Ledger’s Dan Graziano and Ed Price–a former BA staffer, in the interest of full disclosure–have reported that the Yankees have signed their first-round pick, righthander Andrew Brackman. Baseball America has confirmed the contract’s details with another source with knowledge of the deal. The former North Carolina State two-sport talent signed a major league contract, worth a guaranteed $4.5 million with a $3.3 million bonus.

However, that’s the low-end guarantee. Even though Brackman might need elbow surgery–he’s in Birmingham, Ala., right now to see Dr. James Andrews–the Yankees have signed him to a deal that could be worth up to $13 million when escalator clauses and team options are included.

It’s a significant contract for the 6-foot-10 pitcher and Boras Corporation client, who went 6-4, 3.81 for the Wolfpack this spring in a career-high 78 innings. Brackman played basketball and baseball his first two seasons at N.C. State, limiting him to 71 innings combined. He appeared to wear down under the heavier workload this spring, withering down the stretch. However, at his best, Brackman had some of the best stuff and athleticism of any pitcher in the draft, touching 99 mph at times with his fastball and flashing a plus spike curveball.

And, more from BA -

The Yankees’ Deadline Day didn’t end with giving first-round pick Andrew Brackman a $3.3 million bonus as part of a $4.5 million guarantee big league deal that could be worth a staggering $13 million.

New York was just getting started. The Yankees announced the signings of five more picks in the first 10 rounds, for a combined total of $3.5 million.

California high school catcher Austin Romine, second round ($500,000).

Texas third baseman Brad Suttle, fourth round ($1,300,000). His bonus is a record for the fourth round.

Georgia high school catcher Chase Weems, sixth round ($450,000).

Texas high school outfielder Taylor Grote, eighth round ($250,000).

Louisiana high school shortstop Carmen Angelini, 10th round ($1,000,000).

Is it just me, or, does Brian Cashman have a thing for pitchers either coming off Tommy John Surgery or just about ready to need Tommy John Surgery? There's a long list of pitchers that Cashman has acquired via draft, trade, or free agency to back this up. I know that pitchers reportedly comeback stronger after the surgery. Still, it does seem like Cash goes out of his way to get these guys, no? Or, is it just me?

Posted by Steve Lombardi at August 15, 2007 08:46 PM

Comments

Well, probably because the Lieber deal worked out pretty well, for one year at least. It's not a bad strategy really, they just missed on Dotel. The jury is still out on the others.

Posted by: JeremyM [TypeKey Profile Page] at August 15, 2007 09:45 PM

cashman could be following the billy beane model of recent years... he seems to believe that the risk of injury isnt as great as the potential gain from investing in an injury risk (or a malcontent such as milton bradley and frank thomas). Not sure if that makes sense, but more simply: guys are undervalued when they are injured or are injury-prone, so get them while their value is low.

the yankees can afford to take risks with potentially big payoffs

Posted by: dan [TypeKey Profile Page] at August 16, 2007 12:37 AM

Besides, word from Dr. Andrews, at least via Brackman, is that he doesn't need TJ surgery...

Posted by: Zack [TypeKey Profile Page] at August 16, 2007 02:10 AM

~~the yankees can afford to take risks with potentially big payoffs~~

That is an excellent point, Dan. The Yankees are assuming more risk and spending more money in exchange for acquiring players who have higher upsides. The Yankees have a comparative advantage in that they can do this whereas others cannot. By the way, the amount paid in bonuses to these six players ($6.8 million)is still $3.2 million less than what they are paying Carl Pavano this year.

Posted by: jonm [TypeKey Profile Page] at August 16, 2007 09:23 AM

can someone explain the details of a 'ML contract.' does he have to be added to the 40-man, 25-man or something? within what timeframe?

Posted by: Travis G. [TypeKey Profile Page] at August 16, 2007 12:18 PM

Brackman is now on the 40 man roster.

This was, IMO, a stupid signing. Brackman had little leverage except for returning to college. He had no future in basketball. Unless there is a quid pro quo for Alex, this makes little sense.

Posted by: Don [TypeKey Profile Page] at August 16, 2007 02:33 PM

Unless there is a quid pro quo for Alex, this makes little sense.
-----

Boras isn't bringing Alex's contract issues into the deal for Brackman. One has nothing to do with the other.

I really don't understand the deal, either, though. Brackman is older, raw, and he needs elbow surgery, which takes two years to fully heal. So what leverage did he have? Just because he's tall and throws hard?

The surgery bothers me a lot less than the fact that everyone says he's not close to being ready. He's already kind of old, and he's going to miss at least a year of development because of the TJS. You just have to wonder exactly what they're going to get out of him.

If life was fair, Porcello would have fallen to us. He was ONE team away. But of course the Tigers -- who have truly been the thorn in our side lately -- snatched him up.

Posted by: baileywalk [TypeKey Profile Page] at August 16, 2007 03:29 PM