San Francisco Giants Sign 1st Round Pick Christian Arroyo

It was reported today that the Giants have signed their 1st round pick in the 2013 draft, high school shortstop Christian Arroyo.  Jim Callis of Baseball America reports that the Giants gave Arroyo a signing bonus of $1,866,500, the full slot amount for the 25th pick in the draft.

The Giants have now signed their first two picks in the 2013 Draft, having signed 2nd rounder Ryder Jones, another high school shortstop, last week.  That’s the good news.

The bad news is that the Giants gave Jones a bonus of $880,000, $8,000 over the slot amount for the 64th overall pick, which means that while the Giants drafted both Arroyo and Jones much higher than the leading commentators ranked them (Arroyo: Baseball America 102nd; ESPN’s Keith Law 99th; not in top 100.  Jones: Baseball America 197th; Keith Law and not in top 100), they didn’t get a discount on either player which could then be applied to the Giants’ later draft picks.

Specifically, in rounds 11 through 40, the Giants drafted twelve high school players, many of whom have already committed to colleges and thus presumably will require significant signing bonuses to go pro now.  However, unless the Giants save money from their pool for their picks in the first ten rounds, they can’t offer any of these later draft picks more than $100,000 to sign.  Scholarships at major universities are worth more than that.

Conceivably, the Giants could still sign some of their other top ten round picks for less than slot, but I don’t see big savings here.  According to the McCovey Chronicles, the Giants’ 8th and 9th round picks Tyler Horan and DJ Snelton have already signed for the slot amounts, and the team’s 3rd through 7th round picks are all college juniors who will presumably sign for close to their slot amounts.

The fact that the Giants drafted both Arroyo and Jones so much higher than anyone expected and still couldn’t squeeze out at least $500,000 or $600,000 in slot savings between the two to make a run at some of the college-committed high schoolers selected later in the draft is more than a little discouraging.  While it’s impossible to say how this year’s drafted players will turn out, it’s safe to say that on paper at least the Giants’ 2013 draft was the worst in MLB this year.

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7 Comments on “San Francisco Giants Sign 1st Round Pick Christian Arroyo”

  1. bob healy Says:

    I believe the Giants screwed themselves. In my opinion they signed lesser players hoping to sign them on the cheap. This would free money up somewhere down the line. What are other teams doing in signing their draft choices? Hopefully we are not going back to the dark days when the Giants ignored the draft and signed rent a player.

    • Burly Says:

      Usually if a team intends to sign players much higher than where they are projected to be drafted, the team works out an understanding with the player in advance on a bonus amount that satisfies all concerned. The fact that the Giants didn’t do this with either Arroyo or Jones suggests that the Giants simply thought these player where a lot better than anyone else does. Even if so, it’s a shame they didn’t use the leverage they had to save a little slot money for later high school draftees.

  2. Burly Says:

    The McCovey Chronicles now says that the Giants signed 3rd round pick Chase Johnson and 4th round pick Brian Ragira for $440,000 and $415,000, respectively. Johnson’s bonus results in a roughly $70,000 slot savings, while Ragira’s bonus was about $36,000 above slot.

  3. Burly Says:

    The McCovey Chronicles says that the Giants signed two high schoolers,11th round pick OF Johneshwy Fargas and 17th round pick C Rene Melendez. Both are from Puerto Rico and presumably signed for around $100,000, although bonus amounts have not yet been reported

  4. norcalguy101 Says:

    Pretty funny reading these posts now that Christian Arroyo is batting over 540 (6 hits in 11 ABs) this spring after a very successful AFL stint last fall.

    • Burly Says:

      Well, it turns out the Giants saw something in Christian Arroyo that others didn’t. I’m a little concerned with the fact that Arroyo doesn’t walk much at all. He’s going to have to improve in that area if he’s going to be a major league success.

      On the other hand, Ryder Jones has yet to impress in the minor leagues. He’s still young, but he doesn’t look like a future major league hitter so far.

  5. Burly Says:

    The Giants apparently saw in Christian Arroyo in 2013 something very similar to what they saw in Joe Panik in 2011. Panik was also ranked much lower by the major draft raters than where the Giants picked him.

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