Found February 21, 2012 on Pirates Prospects:
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Jim Callis of Baseball America released the bonus pools for the 2012 draft today. The Pittsburgh Pirates will end up with a pool of $6,563,500, which includes their first round pick, valued at $2.9 M. That total doesn’t include any compensation for Derrek Lee, since Lee isn’t expected to sign a major league deal. When the new Collective Bargaining Agreement was announced, it didn’t look like a good deal for small market teams. The new slotting system was harsh, penalizing teams if they spent more than their bonus pools. If a team exceeded their pool by up to five percent, they would be taxed 75 percent on the overage. If a team went five to ten percent over, they would be taxed 75 percent on the overage and they would also lose a first round pick. Ten to fifteen percent results in a 100 percent tax on the overage and the loss of a first and a second round pick. Fifteen or more percent would result in a 100 percent tax and the loss of two first round picks. The penalties looked bad f...
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