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Post by New York Mets on Apr 8, 2021 21:53:53 GMT -6
The B1G Player Draft will consist of 50 rounds with initial salaries awarded according to draft slot. It will be a snake draft with the order determined randomly. Once all franchise vacancies are filled, a random number generator will be used (ideally broadcast live on Twitch) to set the initial order. The B1G Player Draft will take place on the B1G forum.
The salaries are designed to equitably distribute money and contract control according to player value. The structure is intended to incentivize teams to first select players with the biggest impact in the simulation, but it enables creativity and flexibility if a team wants to secure a promising young prospect by paying them early rather than trying to wait to select them at a slot where they’ll have cheaper arbitration years. Free Agency would be limited initially since the B1G Player Draft establishes varying degrees of future control. However, the $100 cap and arbitration increasing salaries every year will necessitate transactions and promote player movement—providing more robust Free Agency classes in the future.
Players selected in Rounds 1, 2, and 3 can be signed for up to 4 years at the slot value. Players selected in Rounds 4, 5, and 6 can be signed for up to 3 years at the slot value. Players selected in Rounds 7 and 8 will be signed to a [3/A2/A3] contract. Players selected in Rounds 9, 10, 11, 12, 13, 14, and 15 will be signed to a [1/A1/A2/A3] contract. Players selected in Round 16 and beyond will be signed to either a [0/.5/A1] or minor league [ML] contract—depending on whether they have accumulated 130 real-life MLB at-bats or 50 real-life MLB innings pitched in their career. The most a player can earn in arbitration is determined by the stage: $3 million for A1, $5 million for A2, and $10 million for A3. A player cannot earn less than the previous year in arbitration. Every offseason, teams will have the opportunity to release arbitration-eligible players for a certain time period (after arbitration salaries are determined) without any financial penalty. After that deadline, the team is then responsible for half of the contract.
All players signed with an MLB franchise will be eligible, which includes 2020 MLB draftees and international signees. As a result, there will not initially be those 5 free Amateur Draft spots in addition to the 50-man roster. The first B1G Amateur Draft will take place after the inaugural season and 2021 MLB Amateur Draft.
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Post by New York Mets on Apr 8, 2021 22:13:54 GMT -6
Salaries by Draft SlotsIn Rounds 1 and 2, the salaries are separated into 4 tiers—recognizing the most valuable players should be paid the most. While teams higher in the order get an opportunity to select the best players first, the structure evens out the playing field for those teams lower in the order. With the snake order, all teams will still have 2 players at a total of $45 million. Salaries in subsequent rounds are the same throughout the order.
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Post by Monarchs on Apr 11, 2021 16:33:11 GMT -6
What is the slot salary structure? If I get the #1 pick and take Fernando Tatis, what would his salary be?
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Post by New York Mets on Apr 11, 2021 17:01:59 GMT -6
What is the slot salary structure? If I get the #1 pick and take Fernando Tatis, what would his salary be? If you're not able to view the Google Doc ( Salaries by Draft Slots), then please e-mail me at B1GLB2021@gmail.com and I can send it directly to you. For picks 1-15 (top of the 1st Round), the salaries would be $30 million annually and a team can choose to sign that player on a 1, 2, 3, or 4-year contract. Someone selecting Tatis would very likely want to lock him up to a [30/30/30/30] contract. If someone wants to take an older player (Max Scherzer, for example), maybe they would want a shorter contract like 2 or 3 years. This is intended to enable creativity and flexibility in constructing a franchise. For picks 16-30 (bottom half of the 1st Round), the salaries would be $25 million annually. For picks 31-45 (top of the 2nd Round), the salaries would be $20 million annually. For picks 46-60 (bottom half of the 2nd Round), the salaries would be $15 million annually. This means all teams will end up with 2 players for $45 million total, but it acknowledges there's more of a difference in these top tiers of players. For all other rounds, the draft slots are the same throughout the round. The purpose of the salary structure in those first two rounds is to try to even the playing field for those teams who are randomly drawn to be higher in the snake draft order. There's nothing stopping someone from selecting a top prospect (Wander Franco, for example) in the early rounds, but that would also come with a higher price tag. Just let me know if there's any questions or confusion. |
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Post by New York Mets on Apr 14, 2021 12:10:15 GMT -6
Please post any questions you might have about the B1G Player Draft. The salaries by draft slot is a proposed structure. Based on a $100 million salary cap, it seemed like a reasonable way to attach finances to an initial draft.
This initial draft won't just be limited to players with a projection. Naturally, they'll probably have more value because they can help you win immediately. However, teams will be allowed to draft players without a projection too. During the season, teams can also sign players with or without a projection to their roster so you can have a blend of players helping you in the simulation and some prospects who you think will make an impact in the future.
Every year, there will be an amateur draft in the offseason, which would be for players from that previous MLB draft and the international signees. We won't hold an amateur draft this inaugural season so those players from the 2020 MLB draft (like Spencer Torkelson) will be eligible in this initial draft. Our first amateur draft will take place after our first regular season so the players from the 2021 MLB draft (like Jack Leiter and Kumar Rocker) will be eligible along with international signees who are with a team before that amateur draft.
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Post by New York Mets on Apr 18, 2021 11:43:14 GMT -6
In terms of the practical steps of the draft (after we set the order using a random number generator), I was thinking it would be best to just hold it on the forum with GMs having 24 hours to make their pick before being skipped--and they could then post their make-up pick at any time after. It would be great if we could draft the 1st Round or so live, but that will probably be very difficult to find a date/time that fits for everyone. Thoughts?
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Post by Oakland Athletics on Apr 19, 2021 0:01:17 GMT -6
A question I would have is about the ML and 0/.5/A cutoff. I would assume that we are not including 2021 plate appearances for draft purposes as we are technically drafting them before the 2021 season starts?
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Post by New York Mets on Apr 19, 2021 8:31:49 GMT -6
A question I would have is about the ML and 0/.5/A cutoff. I would assume that we are not including 2021 plate appearances for draft purposes as we are technically drafting them before the 2021 season starts? Yeah, I think that's only fair. Since the draft will play out on the forum, teams will be drafting at different times so using the eligibility criteria (130 or more MLB ABs and 50 or more MLB IP) through the end of last year is the right way to do it. Once the season starts after the draft, then if a team signs a player, we can use the current up-to-date stats through 2021. |
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Post by New York Mets on Apr 20, 2021 20:21:40 GMT -6
Would everyone be in favor on conducting the draft on the forum with teams having 24 hours to make their selection when their turn is up? Would we want to extend it to 48 hours for the first few rounds? Since it's not realistic to do it live, this seems like the most reasonable format. While it encourages people to check in daily, it would be ample time to make a decision--and for the first few rounds, determine the length of the contract for the player you're selecting.
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Post by Los Angeles Angels on Apr 20, 2021 21:04:06 GMT -6
Would we want to extend it to 48 hours for the first few rounds? I think that's a good format to get started during the critical first rounds. |
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Post by New York Mets on Apr 21, 2021 9:19:39 GMT -6
Would people have a preference of a 48-hour maximum for a selection for the first 3 rounds (90 players) or 6 rounds (180 players) drafted? We could then knock it down to 24 hours for the remaining rounds. We don't have to be in a huge hurry since it will take time to catch up to the MLB schedule anyway, but I think we want to ensure a nice pace and get to the games for the inaugural season. Thoughts?
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Post by New York Mets on Apr 21, 2021 9:33:08 GMT -6
Does anyone have any feedback on the salaries by draft slot? I tried to create a system that would encourage the players with the biggest impact in the simulation to be drafted first (not just those who are young or prospects) while still enabling people to be creative in their roster construction. There's some flexibility with determining future control and room to operate within the $100 million salary cap.
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Post by Oakland Athletics on Apr 21, 2021 11:49:03 GMT -6
I looked at the slot value. As much as I like Trea Turner as a player the idea of spending 30 million on him for even multiple years made me want to stab myself in the face.
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Post by New York Mets on Apr 21, 2021 12:04:54 GMT -6
I looked at the slot value. As much as I like Trea Turner as a player the idea of spending 30 million on him for even multiple years made me want to stab myself in the face. Yeah, that's along the lines of what I was thinking. I was wondering if knocking $5 million off each slot in the 1st Round would make sense--so $25 million for the first 15 players and then $20 million for the next 15 players. Teams would then be spending $40 million total on their first two players. |
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Post by New York Mets on Apr 21, 2021 12:12:02 GMT -6
We could also redistribute that $5 million by making the draft slots for the 16th, 17th, 18th, 19th, and 20th Rounds be [1.0/A1/A2/A3]. There's definitely not going to be a perfect structure so I appreciate any feedback on creating a system we can all agree on.
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Post by Oakland Athletics on Apr 21, 2021 14:18:06 GMT -6
I think like Trout, Acuna, Betts, and the players of that level deserve the 30 million tags but I think outside of that echelon it falls quickly. I will think about some suggestions.
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Post by Deleted on Apr 22, 2021 7:02:18 GMT -6
I like your idea to reduce early round salaries and redistribute to lower draft slots with the following amendment.
The issue is trying to make sure you do not undervalue superstars in the early rounds of the draft.
Here is a suggestion to solve the issue:
It appears the league salary cap is about 80% of the average MLB team payroll. I suggest any player chosen in the first 3 rounds of the draft would have to be paid 80% of his annual average MLB contract. These numbers can be found on fangraphs. If there is no annual average contract listed, then slot value would be used.
For example, Mike Trout average annual contract is 35.5M. 35.5 x .8= 28.4... rounded off to 28 million. So, if he is chosen in the first three rounds of the draft, his annual salary would be 28 million for however long he is signed.
Wander Franco does not have any annual average MLB salary listed. As a result, he could be signed at the slot value set by the league.
So reducing the slot values in the early rounds coupled with this amendment seems like an equitable solution.
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Post by New York Mets on Apr 22, 2021 19:42:20 GMT -6
I like your idea to reduce early round salaries and redistribute to lower draft slots with the following amendment. The issue is trying to make sure you do not undervalue superstars in the early rounds of the draft. Here is a suggestion to solve the issue: It appears the league salary cap is about 80% of the average MLB team payroll. I suggest any player chosen in the first 3 rounds of the draft would have to be paid 80% of his annual average MLB contract. These numbers can be found on fangraphs. If there is no annual average contract listed, then slot value would be used. For example, Mike Trout average annual contract is 35.5M. 35.5 x .8= 28.4... rounded off to 28 million. So, if he is chosen in the first three rounds of the draft, his annual salary would be 28 million for however long he is signed. Wander Franco does not have any annual average MLB salary listed. As a result, he could be signed at the slot value set by the league. So reducing the slot values in the early rounds coupled with this amendment seems like an equitable solution. What are people's thoughts about involving MLB salaries? I think that has the potential to be more confusing compared to only determining the salary by draft slot. Although creating a formula helps, MLB doesn't operate with any salary cap so players in larger markets would unnecessarily be more expensive. If we feel that $30 million is appropriate for that elite echelon and we don't want to undervalue them, how about creating more of a sliding scale? I've attached a different proposed structure that adjusts those salaries for the 1st and 2nd Rounds. Players 1-5 would be $30 million, players 6-10 would be $27.5 million, players 11-20 would be $25 million, players 21-40 would be $22.5 million, players 41-50 would be $20 million, players 51-55 would be $17.5 million, and players 56-60 would be $15 million. Since we're using a snake order draft, teams would still spend $45 million total on their first 2 players. B1Gsalaries.xls (170 KB) |
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Post by Boston Red Sox on Apr 22, 2021 21:31:41 GMT -6
Its an interesting concept with the draft.
I'd almost be inclined to do a free agency period, where we basically say, top 150 players would be bid on by a schedule, and then you did a snake draft after that for the remaining, on a certain pay scale for each round.
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Post by Boston Red Sox on Apr 22, 2021 21:34:21 GMT -6
We want to get the start of the league right, and equal for all.
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Post by Deleted on Apr 23, 2021 8:20:32 GMT -6
Its an interesting concept with the draft. I'd almost be inclined to do a free agency period, where we basically say, top 150 players would be bid on by a schedule, and then you did a snake draft after that for the remaining, on a certain pay scale for each round. I like this idea as well.
You could have a committee of a few owners create a list of the top 150 players. The 150 players would be listed then group them in 15 groups of 10 based on committee ranking, etc.
i.e. first group would include #1, #150, etc. second group #2, #149, etc.
Over 15 days, a group of 10 players would be posted and each team could make a sealed bid on each player with a contract of x dollars for x years. The length of contract would be limited to 4 years. The winning bid would go to the team which offered the most lucrative contract ( dollars x years = total ). Teams would still be limited by yearly salary caps of 100 million.
The bids could be submitted to some email, etc and not opened until the end of the day with the results posted by a league contract secretary or committee... hopefully we have an accountant  ....
After the results are posted, the next group could be posted for bidding.
All remaining players would be selected in rounds 6 through 50.. In the event a team does not have a minimum of 25 players at the end of this process, they can continue making selections in rounds 51, etc at the round 50 cost until they have filled their roster per league rules, etc.
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Post by Boston Red Sox on Apr 23, 2021 8:42:03 GMT -6
We could also do the bidding on the forum like regular free agency was done in the LWNN, rather than sealed bids.
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Post by Boston Red Sox on Apr 23, 2021 8:44:12 GMT -6
Just base the rankings off WAR.
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Post by Deleted on Apr 23, 2021 9:17:02 GMT -6
My hockey league has a live free agent auction on slack. Basically, all teams ( in whatever order that chosen) picks a player in snake order and there's a live bid for that player. Each bid is a few minutes (5) long. Then we move on to the next team and they pick a player. It's a good 4-5 hours long but fun as hell. Obviously, baseball has more players so maybe we do a 2 day thing until all free agents are gone. Just a thought
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Post by Deleted on Apr 23, 2021 9:24:13 GMT -6
all good ideas... only problem is getting 30 owners with different schedules in a live auction would be like herding cats...
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Post by New York Mets on Apr 23, 2021 11:17:14 GMT -6
I think these are all good, interesting ideas. I'm more than happy to put multiple options up for a league vote. One potential issue that could come out of having free agent bidding for the elite players is that some GMs might simply be removed from the equation by not being available for the closing period, and there could be an early unequal distribution of talent. While it's hard to create a perfect system for determining salary by draft slot, it provides more of an opportunity to ensure a competitive league. It's really difficult to recruit new GMs when there are teams that have a dearth of talent and require a lot of work to build up. Even if someone who has joined the league doesn't follow through long-term with their commitment, the team should still be pretty well stacked and appealing to someone new. The draft also offers some more time flexibility for GMs who could send a list of players they'd like--if they can't check in when it's their pick.
Again, I welcome all of these ideas and input. This is probably the most important part and I want to make sure we have a system we can all agree on that will set the league up for future success. I'll send another reminder later for people to check the forum and participate in these discussions so we can all be on the same page.
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Post by Deleted on Apr 23, 2021 12:18:25 GMT -6
The more we discuss options, the more it looks like the existing draft structure is the best option given the negatives of the other options. Another question, I assume a team could, in theory, make no picks until the 16th round and fill their roster with 50 picks ??
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Post by Miami Marlins on Apr 23, 2021 13:33:46 GMT -6
I think we should take the 10 or 15 elite guys and bid on them and then snake draft the remaining at a more reasonable price so we aren't paying guys like Trea Turner $30 million. And if you pay something like $33 million for Trout, you just lose a pick in the round with the $3 million players to make the overall money work in the salary cap.
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Post by Deleted on Apr 24, 2021 3:35:19 GMT -6
So, I am assuming that the assigned annual salary of the first player taken in the draft will be around $15 million. I also assume that the team that drafts 1st will be able to draft in every round and stay within the $100 million cap. To accomplish this the assigned salaries will have to fall precipitously after, and even within, the first round. There is no way the 30th player chosen, or even the 5th player chosen, should be paid as much as as #1.
A quick look at the San Diego Padres payroll shows Manny Machado making $32 million, or roughly 16% of the teams's estimated payroll. The list posted in Baseball Reference is not complete. (Tatis Jr. is making $1.71 million this season.) The team's estimated total payroll is $195.8 million. I chose to look at the Padres because of the contract extension they recently gave to Tatis, Jr. The structures of the Yankees and the Marlins would, of course, differ radically in one direction or the other.
The minimum MLB salary is $570.5K. I think that our minimum salary should be $250K. That number, along with the $15 million suggested above, would make our structure roughly consistent with that of the Padres and Manny.
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Post by Deleted on Apr 24, 2021 6:07:40 GMT -6
According to Spotrac, the average MLB payroll, rounded off, is about 130 million. Mike Trout's AAV is about 35 million or about 27% of the average MLB payroll. The point is there are some elite players who MLB owners feel are that valuable. If I understand the rulebook, if you do not want to spend that much on a player, you pass on the round and wait until the next round. If you do want to take a superstar, you pay the price.
Based on the prior post and the Trout contract analysis, I suggest the following revision to the draft structure;
Round
1 ( 1-15 ) 25M
1 ( 16-30) 20M
2 (1-15) 15 M
2 (16-30) 12M
3 (1-30) 10M
4 (1-30) 7.5M
5 (1-30) 5M
6 (1-30) 3M
7-8 (1-30) 2/A2/A3
9-15 1/A1/A2/A3
16-25 .5//A1/A2/A3
25+ 0/.5/A1/A2/A3 or Minors
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