Sunday, November 24, 2024

Milwaukee Brewers secure high-potential pick in 2024 MLB Draft, $1M over slot value

This Milwaukee Breweries implemented an captivating strategy early in the 2024 MLB Draft. They selected Braylon Payne and Blake Burke with the 17th and 34th picks, both of whom signed contracts below their estimated slot value. They selected a pair of promising New Jersey prep players with the 57th and 67th overall picks, hoping to steer them away from college commitments.

The Milwaukee Brewers player, selected in the second round of the draft, officially signed a contract with the organization worth $1 million more than the contract value.

July 27, 2020; Pittsburgh, Pennsylvania, USA; A Milwaukee Brewers cap and glove are seen on the bench rail against the Pittsburgh Pirates in the tenth inning at PNC Park. Milwaukee won 6-5 in eleven innings. Mandatory Credit: Charles LeClaire-USA TODAY Sports

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Second-round pick, right-handed pitcher Bryce Meccage, signed with the Brewers for $2.5 million. The slot value of that pick was $1,562,100. Milwaukee saved about $1.1 million when Braylon Payne signed below the slot value, so all of that savings essentially went toward luring Meccage away from the University of Virginia.

Can the Milwaukee Brewers acquire Chris Levonas?

Milwaukee Brewers, Brewers News, Bryce Meccage,
July 28, 2023; Atlanta, Georgia, USA; Detail view of Milwaukee Brewers cap and glove on the bench against Atlanta Braves in the second round at Truist Park. Mandatory Credit: Brett Davis-USA TODAY Sports

Drafted just 10 picks after Bryce Meccage was right-handed pitcher Chris Levonas. He has a college commitment to Wake Forest. His estimated slot value at 67th overall is $1,230,000, and the Brewers will have to exceed that amount to pry him away. As mentioned, Milwaukee also saved money when Blake Burke signed for about $500,000 less than his slot value, so perhaps all of those funds will be redistributed to Levonas to sign him.

When is the deadline to sign players selected in the 2024 MLB Draft?

Milwaukee Brewers, Brewers News, Bryce Meccage,
mjs Stearns, spts, adp, 3 of 8 – Matt Arnold speaks at a news conference announcing he will take over as president of baseball operations for the Milwaukee Brewers on Thursday, Oct. 27, 2022. David Stearns, who joined the organization in October 2015 as general manager and was named president of baseball operations before the 2019 season, said he will step down. Angela Peterson/Milwaukee Journal Sentinel
Mjs Stearns 115686762

According to MLB.com, each team has until 5 p.m. ET on August 1 to sign 2024 MLB Draft picks. In addition to the difficult work of getting Chris Levonas signed, the Brewers are also dealing with the stress of the July 30 trade deadline.

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