Rumor: Walker Jenkins to sign with the Twins before the 4 pm deadline today

[tarheeltwinsfan]

Aaron Gleeman is reporting that Walker Jenkins is close to signing with the Twins and will sign before the 4 pm deadline today. 

View full rumor

[Twins_Fan_in_NJ]

Very good news.

[CRF]

Excellent!

[DJL44]

Will he leave enough in the budget to sign the 19th or 20th round picks?

[roger]

2 minutes ago, DJL44 said:

Will he leave enough in the budget to sign the 19th or 20th round picks?

His agent is Boras, unlikely.  Read something yesterday that Boras was negotiating for an over slot contract.

Of those two picks, one is going the JC route.  That would mean the Twins could pay him either $225K or $250K next spring.

[I Never Bet On Sports]

1 minute ago, DJL44 said:

Will he leave enough in the budget to sign the 19th or 20th round picks?

They can pay up to $150k for each of those picks without impacting the cap. Same rule for rounds 11-20 so no impact to their signing these unless the Twins wanted to go over $150k for either of them. 

[SD happy]

Whew! Was starting to get a little worried…..I really think he can turn into someone really special!

[Irishman]

That would be a great news!

[Dman]

Not sure Boras has much leverage for an over slot deal.  Jenkins was never seen as top three and he and Clark were a virtual tie for 4th and 5th and the draft let us know who teams preferred and it was Clark.  If the Twins didn't grab him at 5 Oakland wasn't going over slot to sign him as they had an under slot deal all setup.  Cincinnati might have signed him but they had a good deal lined up as well so no sure thing they would have wanted to go over slot there. he could have fallen way down if the Twins didn't take him.

I think Boras should take slot and thank his lucky stars the Twins actually picked him there.

[Twins_Fan_in_NJ]

Twins in bed with Boras. Not the worst thing in the world.

[IaBeanCounter]

2 minutes ago, roger said:

His agent is Boras, unlikely.  Read something yesterday that Boras was negotiating for an over slot contract.

I think the first 10 rounds count against the slot values and on the signings other than Jenkins are about $450,000 below slot value.  So the Twins could go over slot by $450,000 and not pay the 5% penalty.  Boras was probably waiting for the others to sign to know how much slot money was available.  I think I read somewhere on TD if he doesn't sign the Twins get additional picks in next years draft.

[IaBeanCounter]

I can understand why Boras wants over slot value.  From what I read any of the top 5 would have been a top pick (or 2nd) in any other year.  So the 4th and 5th picks are probably worth more than their slot value.  The 4th pick went $302,000 over slot, I would expect Jenkins to want at least $300,000 over the slot value.

[Mike Sixel]

Just now, IaBeanCounter said:

I can understand why Boras wants over slot value.  From what I read any of the top 5 would have been a top pick (or 2nd) in any other year.  So the 4th and 5th picks are probably worth more than their slot value.  The 4th pick went $302,000 over slot, I would expect Jenkins to want at least $300,000 over the slot value.

agreed

[MN_ExPat]

14 minutes ago, IaBeanCounter said:

I think the first 10 rounds count against the slot values and on the signings other than Jenkins are about $450,000 below slot value.  So the Twins could go over slot by $450,000 and not pay the 5% penalty.  Boras was probably waiting for the others to sign to know how much slot money was available.  I think I read somewhere on TD if he doesn't sign the Twins get additional picks in next years draft.

Ya... if I remember correctly, an unsigned pick would grant the next slot lower in the next year's draft (Pick #6 in this case).  However, I'm calling it right now... Twins won't have that problem .

 

[Trov]

18 minutes ago, IaBeanCounter said:

I think the first 10 rounds count against the slot values and on the signings other than Jenkins are about $450,000 below slot value.  So the Twins could go over slot by $450,000 and not pay the 5% penalty.  Boras was probably waiting for the others to sign to know how much slot money was available.  I think I read somewhere on TD if he doesn't sign the Twins get additional picks in next years draft.

Yes, if you offer a contract to a player and they do not sign it, then you get the pick after the one they were drafted in the next draft.  However, number 6 next year may not be as good as the number 5 this year, as many say Jenkins would have been 1 in last years draft.  

[DJL44]

34 minutes ago, I Never Bet On Sports said:

They can pay up to $150k for each of those picks without impacting the cap. Same rule for rounds 11-20 so no impact to their signing these unless the Twins wanted to go over $150k for either of them. 

If those picks wanted to sign for $150k they would have signed already.

[Trov]

Personally, I do not see why the kid would not sign at slot or just above slot based on a little extra left in pool.  His options would be play junior/community college ball for a year and re-enter, or go to 4 year college and wait 3 years.  So much can happen in that time.  At best he jumps 4 spots and adds a couple mil in the future, at worst he falls several slots and loses much more than he could earn. 

I am not surprised Boras waited to last min because then he knew how much money the Twins had to work with and playing chicken. 

[Dman]

10 minutes ago, IaBeanCounter said:

I can understand why Boras wants over slot value.  From what I read any of the top 5 would have been a top pick (or 2nd) in any other year.  So the 4th and 5th picks are probably worth more than their slot value.  The 4th pick went $302,000 over slot, I would expect Jenkins to want at least $300,000 over the slot value.

And yet two of those picks signed for under slot and Jenkins floor was Cincinnati or below.  Passing on 7M could be a disaster as we have seen happen to others that don't take deals.  Take slot it is a solid deal for your client.   

Having to sweat out not getting injured and end up getting picked top 4 next year and passing on life changing money for a few dollars.  I would fire that agent.  Just my opinion though.

[nicksaviking]

10 minutes ago, DJL44 said:

If those picks wanted to sign for $150k they would have signed already.

They probably won't sign, but there's no way they'd have already taken 150K if there was a chance they could sign for more than that by waiting.

[IaBeanCounter]

8 minutes ago, DJL44 said:

If those picks wanted to sign for $150k they would have signed already.

I doubt they have been offered $150,000.  The lower unsigned picks are draft picks 567 and 597.  The Twins have signed draft picks 417, 447, 477 and 507 for $100,000 each and 537 for $50,000.  They are both HS picks, so the amount offered may no be worth the value of going to JC or college and hoping to to substantially increase their future payoff.

[nicksaviking]

3 minutes ago, Dman said:

And yet two of those picks signed for under slot and Jenkins floor was Cincinnati or below.  Passing on 7M could be a disaster as we have seen happen to others that don't take deals.  Take slot it is a solid deal for your client.   

Having to sweat out not getting injured and end up getting picked top 4 next year and passing on life changing money for a few dollars.  I would fire that agent.  Just my opinion though.

How was his floor Cincinnati? He was a consensus top five pick, no agent in his right mind would set his floor as anything lower than where he was taken.

And we have no idea what the contract talks are, the Twins are trying to save money, obviously, so we don't even know if he'd be passing on 7M. They may have been pushing for him to take less all this time.

[roger]

35 minutes ago, IaBeanCounter said:

I think the first 10 rounds count against the slot values and on the signings other than Jenkins are about $450,000 below slot value.  So the Twins could go over slot by $450,000 and not pay the 5% penalty.  Boras was probably waiting for the others to sign to know how much slot money was available.  I think I read somewhere on TD if he doesn't sign the Twins get additional picks in next years draft.

Calculated the numbers yesterday, they are under $4,500, not $450,000.  So basically at break-even.

[IaBeanCounter]

2 minutes ago, roger said:

Calculated the numbers yesterday, they are under $4,500, not $450,000.  So basically at break-even.

You are correct.  I had $50,000 instead of $500,000 for pick 150.

[Dman]

9 minutes ago, nicksaviking said:

How was his floor Cincinnati? He was a consensus top five pick, no agent in his right mind would set his floor as anything lower than where he was taken.

And we have no idea what the contract talks are, the Twins are trying to save money, obviously, so we don't even know if he'd be passing on 7M. They may have been pushing for him to take less all this time.

Just based on reading articles Oakland didn't want to go over slot.  Cinci had the money with extra picks so they could have gone over.  Would Oakland have been willing to go up $500,000 just to get him to 7M? then would have to go beyond that if he wants to have the Twins pay more than slot.  I am just saying I don't see that he has much of an argument to go over slot.

The Twins are set up to give him slot and generally don't play games going under.  Maybe they are squeezing him I have no idea but the odds seem slim that is the holdup.  They would need to shave at least $500,000 and possibly more to sign pick 20 so that seems like the longest of long shots to me.  Odds are this seems about going over with the Boras logic he could have been a number 1 pick in any other draft.

[Fire Dan Gladden]

Boras is a master at this game.  For straight up top dollar, no one is better. 
 

[Rod Carews Birthday]

There are a few certainties in the world of baseball contracts.  1.  Everyone wants all of the $$ they can get (of course, we all want that).  2.  It is impossible to think we understand what is going on in Scott Boras’ head with regard to contract negotiations.  He has a well-deserved reputation as being very good at his job from the players’ point of view.  With a high first round pick, however, there really isn’t that much room to maneuver.  I’m sure he was waiting to see what was left and would like all of it to go to his client.  His means to get there is anyone’s guess.  Signing at the last minute, since the time window is short, doesn’t hurt anyone — the player or the club.  

As a bonus, if you want to establish a great relationship with an agent, Boras would definitely be the one to do that with, so making everyone happy and feeling good about the situation would be an excellent development all the way around.  

[Rod Carews Birthday]

Oh yeah. . . and YAY!  Let’s get them signed and play ball!

[baul0010]

1 hour ago, DJL44 said:

Will he leave enough in the budget to sign the 19th or 20th round picks?

Who cares!!!  

[Jocko87]

1 hour ago, Dman said:

Not sure Boras has much leverage for an over slot deal.  Jenkins was never seen as top three and he and Clark were a virtual tie for 4th and 5th and the draft let us know who teams preferred and it was Clark.  If the Twins didn't grab him at 5 Oakland wasn't going over slot to sign him as they had an under slot deal all setup.  Cincinnati might have signed him but they had a good deal lined up as well so no sure thing they would have wanted to go over slot there. he could have fallen way down if the Twins didn't take him.

I think Boras should take slot and thank his lucky stars the Twins actually picked him there.

I feel like something is missing in our understanding of these deals.  I understand the slot system but can't believe something like this is being held up over a couple hundred thousand bucks somewhere.  Its couch cushion money in the grand scheme of things.  Leverage smeverage both ways.  It's tripping over a dollar to pick up a dime, it has to be over other details.  Hopefully we will get some of them when it all comes out.

[Hawkeye Bean Counter]

Just now, Jocko87 said:

I feel like something is missing in our understanding of these deals.  I understand the slot system but can't believe something like this is being held up over a couple hundred thousand bucks somewhere.  Its couch cushion money in the grand scheme of things.  Leverage smeverage both ways.  It's tripping over a dollar to pick up a dime, it has to be over other details.  Hopefully we will get some of them when it all comes out.

its likely in the 300-500k range