MLB Draft slot values: Here’s how much money each pick is worth in 2021

Baseball is still a business.

The 2021 MLB Draft is, once again, a bit different from what we’ve seen in the past. While the 2020 draft was cut to just five rounds, this year, the draft is a bit more normal, with 20 rounds and 612 total selections for MLB teams to fill out their rosters with this weekend.

On July 11, the 2021 MLB Draft gets underway in Denver, Colo., as MLB has decided to shift the first-year player draft from the first week in June to a much more comfortable — and sensical — date, making the draft a potential staple of MLB All-Star weekend.

While there’s still almost $8.5 million allotted to the No. 1 overall pick, the 3 1/2 percent increase that was previously on the table for the draft is out the window for 2021, meaning that the 2019 values are still in place for this year’s draft.

Still a little confused? Here’s what you need to know:

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What are MLB Draft slot values?

In the first 10 rounds of the MLB draft, each pick is assigned a certain amount of guaranteed bonus money that teams are allowed to spend on signing a player without facing a penalty.

Teams can opt to spend more or less than the allotted slot value, but may incur a penalty if they exceed the amount — or risk losing a player if it’s not the money they were looking for.

MLB Draft slot values 2021

All slot values are courtesy of MLB:

Round 1

Compensatory round

The Reds received a compensatory pick as part of the Dodgers’ signing of Trevor Bauer:

Competitive Balance Round A 

Round 2

Competitive Balance Round B

Round 3

Round 4

Round 5

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