Major League Baseball
MLB teams spent record $268 million on amateur draft bonuses
Major League Baseball

MLB teams spent record $268 million on amateur draft bonuses

Updated Mar. 4, 2020 9:42 p.m. ET

NEW YORK (AP) Major league teams have spent a record $267.95 million on signing bonuses for players drafted last month, a 7.4 percent increase from last year's final total of $249.38 million.

Spending initially declined when restraints were put in place ahead of the 2012 draft, but has gradually risen under the five-year labor contract with the players' association.

Teams spent $234 million in the 2011 draft on amateurs residing in the United States, Canada and Puerto Rico. The total dropped to $209 million in the first year of restraints, went up to $220 million the following year, then rose to $224 million in 2014 and $249 million in 2015, according to figures compiled by Major League Baseball.

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