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Originally published Wednesday, July 18, 2012 at 10:13 PM
Spending in draft down 11 percent | Baseball Notebook
Spending by teams in baseball's amateur draft dropped by 11 percent in the first year of restrictions imposed by the new labor contract.
NEW YORK — Spending by teams in baseball's amateur draft dropped by 11 percent in the first year of restrictions imposed by the new labor contract.
Teams allocated $207.8 million to draft picks, down from $233.6 million last year though still the second-highest annual total, according to figures compiled by Major League Baseball. The decline in the first round was even more pronounced, a 17 percent fall from $89.5 million to $74.3 million this year.
Just 10 teams exceeded their signing bonus pool, incurring a total luxury tax of $1.6 million. But no team reached the second level of the tax, which would cause a club to forfeit its next first-round draft pick.
Under the latest labor deal, two aims were to slow spending on prospects through the draft and to get picks to sign sooner.
The decline in spending was the first since a fall from $158.9 million in 2006 to $154.5 million the following year.
Notes
• Boston put DH David Ortiz on the 15-day disabled list with a strained right Achilles tendon.
• Cincinnati 1B Joey Votto defended the decision to wait more than two weeks before getting an MRI that found torn cartilage in his left knee. He said he didn't get one earlier because he didn't think the injury was serious. He's expected to miss three to four weeks.
• Atlanta's Chipper Jones hit his 462nd career homer against San Francisco, giving him 1,596 RBI to match George Brett's record for third basemen.
• Arizona sent RHP Trevor Bauer back to AAA Reno a day after the rookie had the worst of his four starts in the majors.
• Kansas City optioned LHP Ryan Verdugo of Lake Stevens back to AAA Omaha after he was roughed up by the Mariners in his major league debut Tuesday.










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