Two days have passed, with one day and 10 rounds remaining.
So far, 315 players have been selected through the first two days of the 2024 MLB Draft. On Tuesday, 300 more names will be called in rounds 11 through 20 on Day 3 as part of All-Star Week festivities in and around Arlington, Texas.
To be clear, late drafts can be more than just an opportunity to fill out the farm system. This year’s All-Stars Matt Stram (21st round, 2012), Kirby Yates (26th round, 2005) and Seth Lugo (34th round, 2011) were all drafted in the 10th round or later. Hall of Famers Andre Dawson (11th round, 1975), Ryne Sandberg (20th round, 1978), Jim Thome (13th round, 1989) and even future Cooperstown member Albert Pujols (13th round, 1999) all went pro in late drafts, giving hope to all Day 3 picks.
How and when to watch
Day 3 of the draft, consisting of rounds 11 through 20, will begin at 2 p.m. ET on Tuesday. The event will be streamed on MLB.com, and fans can track each pick on the Draft Tracker.
Top players available:
Dax Whitney, RHP, Blackfoot (Idaho) High School (No. 56)
Garrett Shull, outfielder, Enid (Okla.) High School (No. 76)
Carson Wiggins, RHP, Rowland (Okla.) High School (No. 79)
Sawyer Farr, SS, Boswell (Texas) High School (No. 91)
Noah Franco, left-handed pitcher/outfielder, IMG Academy (No. 92)
Tegan Coons, RHP, Gettysburg (Pennsylvania) High School (No. 96)
Mason Russell, left-handed pitcher, Castile (Arizona) High School (No. 97)
Duncan Marsten, RHP, Harvard-Westlake (Calif.) High School (No. 98)
Jackson Barberi, RHP, Brockwood (Ga.) High School (No. 99)
Mason Brasfield, left-handed pitcher, Bakersfield Christian (Calif.) High School (No. 101)
One notable absence from the list above is No. 16 draft prospect William Schmidt, who announced his intention to attend Louisiana State University over the weekend and officially withdrew from the draft. All of the remaining top 10 talents are high school students and are all expected to attend college, but there’s still a chance that clubs will take a big gamble to see if they can sign them.
While the top 10 round picks come with a specific bonus slot, this is not the case for picks in rounds 11-20. Players can sign for up to $150,000 without impacting the organization’s overall bonus pool. For any bonuses above that mark, the excess over $150,000 is added to the pool. So if a team saves enough with their first and second day picks, they can use that money to make a big signing on day 3. For example, the Brewers drafted Justin Chambers in the 20th round last year, but because they had extra room in the pool with previous picks, they were able to sign the Arizona high schooler for $547,500. Chambers was later used to acquire 2024 breakout relief pitcher Brian Hudson in a trade with the Dodgers.
There is also no penalty for failing to sign a Day 3 pick. If a team fails to sign a pick in the first 10 rounds, that selection loses its slot value from the overall pool. Because rounds 11 through 20 have no assigned slot value, teams can choose to take the risk, knowing that missing a sign will not affect their bonus pool.
Draft order
The Athletics will start the day with the 316th overall pick, the first of the 11th round. Day 3 will conclude at the end of the 20th and final round, marked by the final section by the Rangers.
Bonus Pool and Slot Value
Under the Collective Bargaining Agreement, each team is assigned a bonus pool equal to the combined value of the players selected by that club in the first 10 rounds of the draft — the more picks a team has and the earlier they make them, the larger the pool.
Bonuses of more than $150,000 paid to players selected after the 10th round also count toward the total bonus pool. The 2024 draft allocation is up 8.7% from 2023, reflecting growing industry revenues.
The Guardians, who won the first overall pick in the draft lottery, entered the 2024 draft with the largest pool of $18,334,000, including $10,570,600 for the first pick. Following the Guardians are the Rockies ($17,243,400) and Reds ($15,842,100). The Athletics ($15,347,900) and White Sox ($14,593,300) round out the top five.
