MLB Draft 2024 bonus pick values

The Guardians didn't just win the 2024 Draft Lottery. They also hit the jackpot.

With assigned values for each pick rising 8.7 percent, mirroring the growth in MLB revenues, Cleveland's No. 1 overall pick is worth $10,570,600. That's the highest ever, eclipsing the $9,721,000 amount the Pirates' No. 1 choice was slotted at a year ago.

The Guardians, who had just the ninth-best lottery odds of coming away with the top choice, also have the largest total allotment since the bonus-pool era began in 2012. Helped by the record value of the No. 1 pick and a competitive-balance choice at No. 36, their pool totals $18,334,000. The 2015 Astros had two of the first five selections that year -- which they turned into Alex Bregman and Kyle Tucker -- and set the previous standard at $17,289,200.

The 2024 MLB Draft will be held Sunday-Tuesday during All-Star Week in Dallas.

2024 Draft presented by Nike:
Draft Tracker | First-round signings | All-time biggest bonuses
Pick-by-pick analysis: Day 1 | Day 2 | Day 3

Eighteen teams have seven-figure bonus pools, with the Rockies ($17,243,400), Reds ($15,842,100) and Athletics ($15,347,900) joining the Guardians in crossing the $15 million threshold. Cleveland gained $4.3 million by moving up from ninth to first in the Draft Lottery, while the Reds added $4.7 million by jumping from 14th to second.

The Astros have the smallest pool at $5,914,700. Houston sits 28th in the unadjusted Draft order and forfeited its second pick for signing qualified free agent Josh Hader.

The pools for all 30 clubs combine to total $334,375,000, up from $307,335,300 a year ago. Teams combined to spend a record $350,089,060 on signing bonuses for drafted players in 2023. That sum included the two highest bonuses in Draft history, $9.2 million for No. 1 overall pick Paul Skenes and $9 million for No. 2 choice Dylan Crews (Nationals).

Each selection in the first 10 rounds comes with an assigned value, with the total for a club's picks equaling what it can spend in those rounds without incurring a penalty. If a player taken in the top 10 rounds doesn't sign, his choice's value gets subtracted from his team's pool. Clubs near the top of the Draft often spend less than the assigned value for those choices and use the savings to offer more money to later selections.

Teams that exceed their bonus pool face a penalty. Clubs that outspend their allotment by 0-5 percent pay a 75 percent tax on the overage. At higher thresholds, teams lose future picks: a first-rounder and a 75 percent tax for surpassing their pool by more than 5 and up to 10 percent; a first- and a second-rounder and a 100 percent tax for more than 10 and up to 15 percent; and two first-rounders and a 100 percent tax for more than 15 percent.

In 12 Drafts with bonus pool rules, clubs have outspent their allotments a total of 217 times but never by more than 5 percent. The Cardinals, Cubs, Dodgers and Giants have outspent their pools every year, and 22 of the 30 teams did so in 2023. The Rockies and Twins never have exceeded their pools.

Bonus pools by team

Guardians: $18,334,000
Rockies: $17,243,400
Reds: $15,842,100
Athletics: $15,347,900
White Sox: $14,593,300
Pirates: $14,000,500
Nationals: $13,895,100
Royals: $13,023,300
Angels: $12,990,400
Brewers: $12,984,400
Diamondbacks: $12,662,000
Twins: $12,209,600
Tigers: $11,921,800
Orioles: $10,920,900
Red Sox: $10,521,600
Marlins: $10,438,500
Cardinals: $10,213,000
Rays: $10,093,100
Cubs: $9,802,300
Mets: $9,572,200
Mariners: $9,543,300
Padres: $9,360,500
Blue Jays: $8,987,000
Yankees: $8,134,500
Braves: $7,765,000
Giants: $7,566,200
Phillies: $7,381,800
Rangers: $6,997,900
Dodgers: $6,114,700
Astros: $5,914,700

First Round

Guardians: $10,570,600
Reds: $9,785,000
Rockies: $9,070,800
Athletics: $8,370,800
White Sox: $7,763,700
Royals: $7,213,800
Cardinals: $6,823,700
Angels: $6,502,800
Pirates: $6,216,600
Nationals: $5,953,800
Tigers: $5,712,100
Red Sox: $5,484,600
Giants: $5,272,300
Cubs: $5,070,700
Mariners: $4,880,900
Marlins: $4,704,700
Brewers: $4,534,100
Rays: $4,372,900
Mets: $4,219,200*
Blue Jays: $4,073,400
Twins: $3,934,400
Orioles: $3,802,200
Dodgers: $3,676,400
Braves: $3,556,300
Padres: $3,442,100*
Yankees: $3,332,900*
Phillies: $3,228,300
Astros: $3,132,500
Diamondbacks: $3,045,500
Rangers: $2,971,300

* Picks dropped 10 spots for exceeding competitive-balance tax threshold by more than $40 million.

Prospect Promotion Incentive Picks

Diamondbacks: $2,904,000 (for NL ROY Corbin Carroll)
Orioles: $2,835,400 (for AL ROY Gunnar Henderson)

Free-Agent Compensation Pick

Twins: $2,766,100 (for Sonny Gray)

Competitive Balance Round A

Brewers: $2,698,300 (from Orioles in Corbin Burnes trade)
Diamondbacks: $2,632,500
Guardians: $2,569,200
Pirates: $2,511,400
Rockies: $2,452,200
Nationals: $2,395,000 (from Royals in Hunter Harvey trade)

Second Round

Athletics: $2,332,100
Royals: $2,278,000
Rockies: $2,224,700
White Sox: $2,172,800
Nationals: $2,122,200
Angels: $2,072,800
Mets: $2,031,700
Pirates: $1,984,800
Guardians: $1,938,800
Tigers: $1,893,700
Red Sox: $1,846,400
Reds: $1,804,900
Padres: $1,762,500
Yankees: $1,721,200
Cubs: $1,681,200
Mariners: $1,641,800
Marlins: $1,603,400
Brewers: $1,562,100
Rays: $1,525,200
Blue Jays: $1,489,000
Twins: $1,453,700
Orioles: $1,418,900
Braves: $1,385,000
Phillies: $1,352,000
Diamondbacks: $1,319,200
Rangers: $1,287,600

Competitive Balance Round B

Rays: $1,260,200
Brewers: $1,226,800
White Sox: $1,197,200 (from Mariners in Gregory Santos trade)
Twins: $1,168,000
Marlins: $1,139,100
Reds: $1,110,600
Tigers: $1,093,600
Athletics: $1,076,900

Free-Agent Compensation Pick

Angels: $1,060,300 (for Shohei Ohtani)

Third Round

Athletics: $1,043,900
Royals: $1,027,700
Rockies: $1,011,900
White Sox: $996,100
Nationals: $980,300
Cardinals: $964,500
Angels: $948,600
Mets: $934,800
Pirates: $920,800
Guardians: $906,800
Tigers: $892,600
Red Sox: $878,800
Reds: $865,800
Padres: $852,300
Yankees: $838,900
Cubs: $826,000
Mariners: $812,900
Marlins: $800,800
Brewers: $788,700
Rays: $776,500
Blue Jays: $767,200
Twins: $759,700
Orioles: $752,500
Dodgers: $745,000
Braves: $737,800
Phillies: $730,500
Astros: $724,800
Diamondbacks: $717,700
Rangers: $710,400

Fourth Round

Athletics: $703,400
Royals: $696,300
Rockies: $689,600
White Sox: $682,800
Nationals: $676,000
Cardinals: $669,300
Angels: $662,900
Mets: $656,400
Pirates: $649,700
Guardians: $643,500
Tigers: $637,200
Red Sox: $630,900
Giants: $624,800
Reds: $618,800
Padres: $612,900
Yankees: $606,700
Cubs: $600,800
Mariners: $594,900
Marlins: $589,000
Brewers: $583,400
Rays: $577,700
Blue Jays: $572,200
Twins: $567,400
Orioles: $562,000
Dodgers: $556,300
Braves: $551,100
Phillies: $545,400
Astros: $541,100
Diamondbacks: $535,800
Rangers: $530,400

Free-Agent Compensation Picks

Padres: $525,200 (for Josh Hader)
Padres: $520,000 (for Blake Snell)
Blue Jays: $515,100 (for Matt Chapman)

Fifth Round

Athletics: $510,000
Royals: $505,000
Rockies: $500,000
White Sox: $495,400
Nationals: $490,500
Cardinals: $485,700
Angels: $480,800
Mets: $476,200
Pirates: $471,400
Guardians: $466,900
Tigers: $462,300
Red Sox: $457,900
Giants: $453,300
Reds: $448,700
Padres: $444,200
Yankees: $440,100
Cubs: $435,600
Mariners: $431,400
Marlins: $427,000
Brewers: $422,900
Rays: $418,600
Blue Jays: $414,600
Twins: $411,000
Orioles: $407,100
Braves: $403,400
Phillies: $399,600
Astros: $396,200
Diamondbacks: $392,300
Rangers: $388,700

Sixth Round

Athletics: $385,500
Royals: $382,100
Rockies: $378,900
White Sox: $375,700
Nationals: $372,300
Cardinals: $369,100
Angels: $366,100
Mets: $363,100
Pirates: $359,900
Guardians: $357,000
Tigers: $354,100
Red Sox: $351,100
Giants: $348,200
Reds: $345,100
Padres: $342,300
Yankees: $339,600
Cubs: $337,000
Mariners: $334,200
Marlins: $331,300
Brewers: $328,700
Rays: $326,000
Blue Jays: $323,400
Twins: $320,800
Orioles: $318,300
Dodgers: $315,500
Braves: $312,800
Phillies: $310,300
Astros: $307,600
Diamondbacks: $305,200
Rangers: $302,700

Seventh Round

Athletics: $300,200
Royals: $297,700
Rockies: $295,300
White Sox: $292,700
Nationals: $290,300
Cardinals: $288,700
Angels: $286,200
Mets: $283,800
Pirates: $281,500
Guardians: $279,100
Tigers: $276,700
Red Sox: $274,600
Giants: $272,200
Reds: $270,000
Padres: $268,000
Yankees: $265,800
Cubs: $263,600
Mariners: $261,600
Marlins: $259,600
Brewers: $257,400
Rays: $255,500
Blue Jays: $253,300
Twins: $251,500
Orioles: $249,400
Dodgers: $247,900
Braves: $245,900
Phillies: $244,300
Astros: $242,400
Diamondbacks: $240,600
Rangers: $238,900

Eighth Round

Athletics: $237,400
Royals: $235,900
Rockies: $234,200
White Sox: $232,200
Nationals: $230,900
Cardinals: $229,000
Angels: $227,700
Mets: $226,000
Pirates: $224,500
Guardians: $222,800
Tigers: $221,400
Red Sox: $219,900
Giants: $218,600
Reds: $217,400
Padres: $216,200
Yankees: $215,100
Cubs: $213,900
Mariners: $212,900
Marlins: $211,600
Brewers: $210,700
Rays: $209,800
Blue Jays: $208,700
Twins: $207,800
Orioles: $206,900
Dodgers: $205,800
Braves: $205,300
Phillies: $204,400
Astros: $203,500
Diamondbacks: $202,800
Rangers: $202,000

Ninth Round

Athletics: $201,300
Royals: $200,600
Rockies: $200,000
White Sox: $199,200
Nationals: $198,600
Cardinals: $198,000
Angels: $197,500
Mets: $196,700
Pirates: $196,100
Guardians: $195,700
Tigers: $195,100
Red Sox: $194,600
Giants: $194,200
Reds: $193,600
Padres: $193,000
Yankees: $192,600
Cubs: $192,100
Mariners: $191,600
Marlins: $191,300
Brewers: $190,900
Rays: $190,400
Blue Jays: $190,100
Twins: $189,500
Orioles: $189,000
Dodgers: $188,800
Braves: $188,600
Phillies: $188,200
Astros: $187,800
Diamondbacks: $187,600
Rangers: $187,100

Tenth Round

Athletics: $186,400
Royals: $186,200
Rockies: $185,800
White Sox: $185,500
Nationals: $185,200
Cardinals: $185,000
Angels: $184,700
Mets: $184,300
Pirates: $183,800
Guardians: $183,600
Tigers: $183,000
Red Sox: $182,800
Giants: $182,600
Reds: $182,200
Padres: $181,800
Yankees: $181,600
Cubs: $181,400
Mariners: $181,100
Marlins: $180,700
Brewers: $180,400
Rays: $180,300
Blue Jays: $180,000
Twins: $179,700
Orioles: $179,200
Dodgers: $179,000
Braves: $178,800
Phillies: $178,800
Astros: $178,800
Diamondbacks: $178,800
Rangers: $178,800

Here's every team's 2024 Draft bonus pool and all pick values