MLB Draft 2023: What is the Chicago Cubs Bonus Pool Allotment and Pick Values? 

The Chicago Cubs will have the No. 13 overall pick in the first round of the 2023 MLB Draft. With an opportunity to select a top prospect, the team's general manager Carter Hawkins will need to do his homework and choose wisely.

Chicago has a bonus pool of $8,962,000 this year and a $4,848,500 slot value for the first round of the MLB Draft. Here's a look at the bonus pool for all 30 teams:

1. Pittsburgh Pirates: $16,185,700
2. Detroit Tigers: $15,747,200
3. Washington Nationals: $14,502,400
4. Minnesota Twins: $14,345,600
5. Oakland Athletics: $14,255,600
6. Cincinnati Reds: $13,785,200
7. Seattle Mariners: $13,170,900
8. Miami Marlins: $12,829,600
9. Kansas City Royals: $12,313,500
10. Colorado Rockies: $11,909,800
11. Arizona Diamondbacks: $11,084,300
12. Milwaukee Brewers: $10,950,600
13. Tampa Bay Rays: $10,872,100
14. Baltimore Orioles: $10,534,800
15. Boston Red Sox: $10,295,100
16. Texas Rangers: $9,925,300
17. San Francisco Giants: $9,916,900
18. Chicago White Sox: $9,072,800
19. Chicago Cubs: $8,962,000
20. Cleveland Guardians: $8,736,700
21. New York Mets: $8,440,400
22. Atlanta Braves: $8,341,700
23. Los Angeles Angels: $8,328,900
24. Los Angeles Dodgers: $7,274,600
25. Houston Astros: $6,747,900
26. Toronto Blue Jays: $6,529,700
27. St. Louis Cardinals: $6,375,100
28. San Diego Padres: $5,416,000
29. New York Yankees: $5,299,400
30. Philadelphia Phillies: $5,185,500

The Cubs finished third in the NL Central last season with a 74-88 season. They failed to qualify for the playoffs, but managed to secure the 13th pick in the MLB's first-ever Draft Lottery in December 2022.

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When is the 2023 MLB Draft? TV schedule and live stream details

LSU Tigers pitcher Paul Skenes

The 2023 MLB Draft is set to take place during the All-Star festivities in Seattle, Washington. The first two rounds of the draft will begin on Sunday, July 9, from 7 p.m. ET.

Meanwhile, Rounds 3-10 will take place on Monday, July 10, followed by rounds 11-20 on Tuesday, July 11. The picks for the final two draft days will commence at 2 p.m. ET.

The first round of the 2023 draft will be telecast live on ESPN and the MLB Network. Fans who don't have access to cable can live stream the first round on FuboTV, Watch ESPN, MLB.com and the MLB app.