The 2024 MLB Draft is right around the corner for the future generation of talented baseball players wanting to become a professional in the league. The MLB Draft will see all the teams recruit some of the top-notch future talents from different colleges and high schools to their teams. This event will take place during the All-Start Weekend on July 14, 2024, July 15, 2024 and July 16, 2024.
Once these new players are drafted into different MLB teams, they sign their contracts and then start their professional journey in the minors. There, they further develop their skills and gain necessary professional experience before making their MLB debut in the future. Notably, the MLB teams spend a considerable sum of money as a signing bonus on these players to get them to sign the contracts with them. 2024 also has several highly talented next-generation baseball players waiting to get drafted and start their careers in the MLB.
What are MLB Draft Slot Values?
The MLB is notable for using the slot value system for the first ten rounds of the MLB Draft every year. These slot values refer to the particular amount of dollars that they pay the players for each pick. However, the teams are not allowed to go over their allotted budget, or they risk face penalties for the same. The slot value system in the MLB Draft not only helps the teams with financial stability but also provides a competitive balance. Additionally, slot values also help the team to control their spending on the players and develop strategies to get the best talent according to their overall budget without getting penalized.
What are the Slot Values for the 2024 MLB Draft?
Teams in the MLB have already developed their slot values for the 2024 MLB Draft as per the official MLB website. These slot values are as follows -
First Round
Cleveland Guardians: $10,570,600
Cincinnati Reds: $9,785,000
Colorado Rockies: $9,070,800
Oakland Athletics: $8,370,800
Chicago White Sox: $7,763,700
Kansas City Royals: $7,213,800
St. Louis Cardinals: $6,823,700
Los Angeles Angels: $6,502,800
Pittsburgh Pirates: $6,216,600
Washington Nationals: $5,953,800
Detroit Tigers: $5,712,100
Boston Red Sox: $5,484,600
San Francisco Giants: $5,272,300
Chicago Cubs: $5,070,700
Seattle Mariners: $4,880,900
Miami Marlins: $4,704,700
Milwaukee Brewers: $4,534,100
Tampa Bay Rays: $4,372,900
New York Mets: $4,219,200*
Toronto Blue Jays: $4,073,400
Minnesota Twins: $3,934,400
Baltimore Orioles: $3,802,200
Los Angeles Dodgers: $3,676,400
Atlanta Braves: $3,556,300
San Diego Padres: $3,442,100*
New York Yankees: $3,332,900*
Philadelphia Phillies: $3,228,300
Houston Astros: $3,132,500
Arizona Diamondbacks: $3,045,500
Texas Rangers: $2,971,300
Prospect Promotion Incentive Picks
Arizona Diamondbacks: $2,904,000 (for NL ROY Corbin Carroll)
Baltimore Orioles: $2,835,400 (for AL ROY Gunnar Henderson)
Free-Agent Compensation Pick
Minnesota Twins: $2,766,100 (for Sonny Gray)
Competitive Balance Round A
Milwaukee Brewers: $2,698,300 (from Orioles in Corbin Burnes trade)
Arizona Diamondbacks: $2,632,500
Cleveland Guardians: $2,569,200
Pittsburgh Pirates: $2,511,400
Colorado Rockies: $2,452,200
Kansas City Royals: $2,395,000
Second Round
Oakland Athletics: $2,332,100
Kansas City Royals: $2,278,000
Colorado Rockies: $2,224,700
Chicago White Sox: $2,172,800
Washington Nationals: $2,122,200
Los Angeles Angels: $2,072,800
New York Mets: $2,031,700
Pittsburgh Pirates: $1,984,800
Cleveland Guardians: $1,938,800
Detroit Tigers: $1,893,700
Chicago Red Sox: $1,846,400
Cincinnati Reds: $1,804,900
San Diego Padres: $1,762,500
New York Yankees: $1,721,200
Chicago Cubs: $1,681,200
Seattle Mariners: $1,641,800
Miami Marlins: $1,603,400
Milwaukee Brewers: $1,562,100
Tampa Bay Rays: $1,525,200
Toronto Blue Jays: $1,489,000
Minnesota Twins: $1,453,700
Baltimore Orioles: $1,418,900
Atlanta Braves: $1,385,000
Philadelphia Phillies: $1,352,000
Arizona Diamondbacks: $1,319,200
Texas Rangers: $1,287,600
Competitive Balance Round B
Tampa Bay Rays: $1,260,200
Milwaukee Brewers: $1,226,800
Chicago White Sox: $1,197,200 (from Mariners in Gregory Santos trade)
Minnesota Twins: $1,168,000
Miami Marlins: $1,139,100
Cincinnati Reds: $1,110,600
Detroit Tigers: $1,093,600
Oakland Athletics: $1,076,900
Free-Agent Compensation Pick
Los Angeles Angels: $1,060,300 (for Shohei Ohtani)
Third Round
Oakland Athletics: $1,043,900
Kansas City Royals: $1,027,700
Colorado Rockies: $1,011,900
Chicago White Sox: $996,100
Washington Nationals: $980,300
St. Louis Cardinals: $964,500
Los Angeles Angels: $948,600
New York Mets: $934,800
Pittsburgh Pirates: $920,800
Cleveland Guardians: $906,800
Detroit Tigers: $892,600
Boston Red Sox: $878,800
Cincinnati Reds: $865,800
San Diego Padres: $852,300
New York Yankees: $838,900
Chicago Cubs: $826,000
Seattle Mariners: $812,900
Miami Marlins: $800,800
Milwaukee Brewers: $788,700
Tampa Bay Rays: $776,500
Toronto Blue Jays: $767,200
Minnesota Twins: $759,700
Baltimore Orioles: $752,500
Los Angeles Dodgers: $745,000
Atlanta Braves: $737,800
Philadelphia Phillies: $730,500
Houston Astros: $724,800
Arizona Diamondbacks: $717,700
Texas Rangers: $710,400
Fourth Round
Oakland Athletics: $703,400
Kansas City Royals: $696,300
Colorado Rockies: $689,600
Chicago White Sox: $682,800
Washington Nationals: $676,000
St. Louis Cardinals: $669,300
Los Angeles Angels: $662,900
New York Mets: $656,400
Pittsburgh Pirates: $649,700
Cleveland Guardians: $643,500
Detroit Tigers: $637,200
Boston Red Sox: $630,900
San Francisco Giants: $624,800
Cincinnati Reds: $618,800
San Diego Padres: $612,900
New York Yankees: $606,700
Chicago Cubs: $600,800
Seattle Mariners: $594,900
Miami Marlins: $589,000
Milwaukee Brewers: $583,400
Tampa Bay Rays: $577,700
Toronto Blue Jays: $572,200
Minnesota Twins: $567,400
Baltimore Orioles: $562,000
Los Angeles Dodgers: $556,300
Atlanta Braves: $551,100
Philadelphia Phillies: $545,400
Houston Astros: $541,100
Arizona Diamondbacks: $535,800
Texas Rangers: $530,400
Free-Agent Compensation Picks
San Diego Padres: $525,200 (for Josh Hader)
San Diego Padres: $520,000 (for Blake Snell)
Toronto Blue Jays: $515,100 (for Matt Chapman)
Fifth Round
Oakland Athletics: $510,000
Kansas City Royals: $505,000
Colorado Rockies: $500,000
Chicago White Sox: $495,400
Washington Nationals: $490,500
St. Louis Cardinals: $485,700
Los Angeles Angels: $480,800
New York Mets: $476,200
Pittsburgh Pirates: $471,400
Cleveland Guardians: $466,900
Detroit Tigers: $462,300
Boston Red Sox: $457,900
San Francisco Giants: $453,300
Cincinnati Reds: $448,700
San Diego Padres: $444,200
New York Yankees: $440,100
Chicago Cubs: $435,600
Seattle Mariners: $431,400
Miami Marlins: $427,000
Milwaukee Brewers: $422,900
Tampa Bay Rays: $418,600
Toronto Blue Jays: $414,600
Minnesota Twins: $411,000
Baltimore Orioles: $407,100
Atlanta Braves: $403,400
Philadelphia Phillies: $399,600
Houston Astros: $396,200
Arizona Diamondbacks: $392,300
Texas Rangers: $388,700
Sixth Round
Oakland Athletics: $385,500
Kansas City Royals: $382,100
Colorado Rockies: $378,900
Chicago White Sox: $375,700
Washington Nationals: $372,300
St. Louis Cardinals: $369,100
Los Angeles Angels: $366,100
New York Mets: $363,100
Pittsburgh Pirates: $359,900
Cleveland Guardians: $357,000
Detroit Tigers: $354,100
Boston Red Sox: $351,100
San Francisco Giants: $348,200
Cincinnati Reds: $345,100
San Diego Padres: $342,300
New York Yankees: $339,600
Chicago Cubs: $337,000
Seattle Mariners: $334,200
Miami Marlins: $331,300
Milwaukee Brewers: $328,700
Tampa Bay Rays: $326,000
Toronto Blue Jays: $323,400
Minnesota Twins: $320,800
Baltimore Orioles: $318,300
Los Angeles Dodgers: $315,500
Atlanta Braves: $312,800
Philadelphia Phillies: $310,300
Houston Astros: $307,600
Arizona Diamondbacks: $305,200
Texas Rangers: $302,700
Seventh Round
Oakland Athletics: $300,200
Kansas City Royals: $297,700
Colorado Rockies: $295,300
Chicago White Sox: $292,700
Washington Nationals: $290,300
St. Louis Cardinals: $288,700
Los Angeles Angels: $286,200
New York Mets: $283,800
Pittsburgh Pirates: $281,500
Cleveland Guardians: $279,100
Detroit Tigers: $276,700
Boston Red Sox: $274,600
San Francisco Giants: $272,200
Cincinnati Reds: $270,000
San Diego Padres: $268,000
New York Yankees: $265,800
Chicago Cubs: $263,600
Seattle Mariners: $261,600
Miami Marlins: $259,600
Milwaukee Brewers: $257,400
Tampa Bay Rays: $255,500
Toronto Blue Jays: $253,300
Minnesota Twins: $251,500
Baltimore Orioles: $249,400
Los Angeles Dodgers: $247,900
Atlanta Braves: $245,900
Philadelphia Phillies: $244,300
Houston Astros: $242,400
Arizona Diamondbacks: $240,600
Texas Rangers: $238,900
Eighth Round
Oakland Athletics: $237,400
Kansas City Royals: $235,900
Colorado Rockies: $234,200
Chicago White Sox: $232,200
Washington Nationals: $230,900
St. Louis Cardinals: $229,000
Los Angeles Angels: $227,700
New York Mets: $226,000
Pittsburgh Pirates: $224,500
Cleveland Guardians: $222,800
Detroit Tigers: $221,400
Boston Red Sox: $219,900
San Francisco Giants: $218,600
Cincinnati Reds: $217,400
San Diego Padres: $216,200
New York Yankees: $215,100
Chicago Cubs: $213,900
Seattle Mariners: $212,900
Miami Marlins: $211,600
Milwaukee Brewers: $210,700
Tampa Bay Rays: $209,800
Toronto Blue Jays: $208,700
Minnesota Twins: $207,800
Baltimore Orioles: $206,900
Las Angeles Dodgers: $205,800
Atlanta Braves: $205,300
Philadelphia Phillies: $204,400
Houston Astros: $203,500
Arizona Diamondbacks: $202,800
Texas Rangers: $202,000
Ninth Round
Oakland Athletics: $201,300
Kansas City Royals Royals: $200,600
Colorado Rockies: $200,000
Chicago White Sox: $199,200
Washington Nationals: $198,600
St. Louis Cardinals: $198,000
Los Angeles Angels: $197,500
New York Mets: $196,700
Pirates: $196,100
Cleveland Guardians: $195,700
Detroit Tigers: $195,100
Boston Red Sox: $194,600
San Francisco Giants: $194,200
Cincinnati Reds: $193,600
San Diego Padres: $193,000
New York Yankees: $192,600
Chicago Cubs: $192,100
Seattle Mariners: $191,600
Miami Marlins: $191,300
Milwaukee Brewers: $190,900
Tampa Bay Rays: $190,400
Toronto Blue Jays: $190,100
Minnesota Twins: $189,500
Baltimore Orioles: $189,000
Los Angeles Dodgers: $188,800
Atlanta Braves: $188,600
Philadelphia Phillies: $188,200
Houston Astros: $187,800
Arizona Diamondbacks: $187,600
Texas Rangers: $187,100
Tenth Round
Oakland Athletics: $186,400
Kansas City Royals: $186,200
Colorado Rockies: $185,800
Chicago White Sox: $185,500
Washington Nationals: $185,200
St. Louis Cardinals: $185,000
Los Angeles Angels: $184,700
New York Mets: $184,300
Pittsburgh Pirates: $183,800
Cleveland Guardians: $183,600
Detroit Tigers: $183,000
Boston Red Sox: $182,800
San Francisco Giants: $182,600
Cincinnati Reds: $182,200
San Diego Padres: $181,800
New York Yankees: $181,600
Chicago Cubs: $181,400
Seattle Mariners: $181,100
Mimai Marlins: $180,700
Milwaukee Brewers: $180,400
Tampa Bay Rays: $180,300
Toronto Blue Jays: $180,000
Minnesota Twins: $179,700
Baltimore Orioles: $179,200
Los Angeles Dodgers: $179,000
Atlanta Braves: $178,800
Philadelphia Phillies: $178,800
Houston Astros: $178,800
Arizona Diamondbacks: $178,800
Texas Rangers: $178,800
Read More : How do you enter the MLB Draft?
FAQ's On MLB Draft Slot Values
A. The MLB Draft 2024 will consist of 20 rounds in total.
A. A player can get into the MLB without college if he graduates from high school.
A. A player can enter the MLB Draft if he is at least 21 years old.
A. MLB teams lose draft picks if they sign a free agent who denies a qualifying offer from his previous team.
A. No, most MLB Draft picks cannot make their debut right away. However, twenty-three players have directly made their MLB debuts after being drafted.
A. If a player is eligible according to the criteria set by MLB, then he can enter the MLB Draft.
