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2018 Draft Signings: Hutchison, Myatt, Late Rounds

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Hutchison. (UNC Athletics)

The signing deadline for the 2018 draft is next Friday, July 6th, and the Yankees have now signed all their notable picks. The only thing left is inking late rounders to fill out minor league rosters and maybe make one last offer to players who’ve said they’re not ready to turn pro. Here are our Day One, Day Two, and Day Three draft recaps and here are the latest draft signing updates:

  • UNC RHP Rodney Hutchison (6th round) has signed, reports Jim Callis. Here’s a photo of the contract signing. Hutchison was the final pick in the top ten rounds to sign because the Tar Heels went to the College World Series and he had to wait for his season end to sign. Anyway, Hutchison received a $197,500 bonus. Slot money for the 187th overall pick was $247,600.
  • Bucknell RHP Connor Van Hoose (8th round), Grand Canyon RHP Mick Vorhof (9th round), and UNC Charlotte LHP Josh Maciejewski (10th round) all signed for $7,500 as college seniors, according to MLB.com. Their signings had been previously announced, and now we know the bonuses. Those three create $420,700 in bonus pool savings. They effectively pay for Tennessee OF Ryder Green’s (3rd round) overslot bonus.
  • South Carolina JuCo RHP Tanner Myatt (11th) signed for a $147,500 bonus, reports Jim Callis. He pitched in a minor league game the other day, so this is no surprise. Every dollar over $125,000 given to a player drafted after the tenth round counts against the bonus pool, so Myatt’s bonus comes with a $22,500 bonus pool charge.
  • If you’re interested, the MLB.com Draft Tracker has bonus information for many late round signings. Among players taken after the tenth round, Myatt is the only overslot bonus so far. The late round bonuses range anywhere from $5,000 to $125,000.

As our Draft Pool Tracker show, the Yankees are over their $6,115,100 bonus pool by $243,300, or 3.98%. They’ll pay a 75% tax on the overage ($182,475) and they still have about $60,000 to spend before hitting the next penalty tier, which means forfeiting next year’s first round pick. That won’t happen. That last $60,000 may get funneled somewhere, but, by and large, the Yankees have spent all they can spend on the 2018 draft class.

2018 Draft Signings: Van Hoose, Maciejewski, Pita, Guerrero

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Maciejewski. (UNC Charlotte Athletics)

The three-day 2018 amateur draft is over and now teams will move on to signing their picks. The Yankees selected 40 players this year and will probably sign around 30. That’s a typical number. Here are my Day One, Day Two, and Day Three draft recaps. You can see all the Yankees’ picks here. Here’s the latest signing news:

  • As a reminder, Georgia HS C Anthony Seigler (1st round) has already said he’s signing. It hasn’t happened yet, but it will soon enough. “There’s no doubt in my mind that I’m definitely going to sign with the Yankees. This is a no-brainer for me,” he said on a conference call with reporters.
  • Bucknell RHP Connor Van Hoose (8th round) is already in Tampa according to David Driver, so he’s signing. He’s slotted for $159,800. As a bonus pool friendly college senior, it’s safe to assume Van Hoose is signing for something considerably less than lost.
  • UNC Charlotte LHP Josh Maciejewski (10th round) has signed, according to his agent’s Twitter feed. He’s slotted for $137,800. There’s no word on his bonus, but, as a college senior, I imagine he signed for much less than slot.
  • VMI OF Matt Pita (12th round) sounds like he’s going to sign. “I’ve always been a Yankees fan, so to be drafted by the Yankees is pretty special. VMI’s definitely prepared me in every way possible, so I feel … ready to go and start my career,” he said to Matt Gentry.
  • George Washington 3B Isiah Pasteur (13th) told Pat Stoetzer he’s ready to sign. “I don’t even have all the details as far as that goes right now. Just waiting for that phone call, and they’ll tell me where I’m flying to and when I need to be there,” he said.
  • Idaho HS C Alex Guerrero (18th round) signed for $125,000, he told KTIK. Slot money for every pick after the tenth round is $125,000. Every dollar over that counts against the bonus pool.
  • Bryant 1B Mickey Gasper (27th round) and Northeastern 3B Max Burt (28th round) both traveled to Tampa to sign today, reports Tom King. “I grew up a Yankees fan … It was always the Yankees. So this is a dream come true for me,” said Gasper.

Our 2018 Draft Pool Tracker page is up and running, so make sure you check that out. It is available at all times under the Resources tab. The signing deadline is Friday, July 6th this year.