Scott Boras thinks the draft pick compensation attached to his client Stephen Drew is negatively impacting his market. One way around that? Waiting until after the June amateur draft to sign.
Dec 11, 2013; Orlando, FL, USA; MLB agent Scott Boras is interviewed during the MLB Winter Meetings at the Walt Disney World Swan and Dolphin Resort. Mandatory Credit: David Manning-USA TODAY Sports
Any player who was given and turned down a qualifying offer who signs after the June draft would no longer be attached to draft pick compensation.
Bean Stringfellow, who represents free agent starting pitcher Ervin Santana is hinting that his client will hold out until after the draft.
"Scott Boras, the agent for shortstop Stephen Drew and first baseman-designated hitter Kendrys Morales, also suggested that his clients might not sign until after the draft, when compensation no longer would apply. Even delaying new deals until after Opening Day would benefit the players. An eligible free agent cannot receive a qualifying offer unless he is with his team for an entire season, according to the collective-bargaining agreement."
This year’s amateur draft will be held from June 5th through June 7th.
While the draft pick compensation system may need a bit of an overhaul, it’s not single-handedly ruining Drew’s market.
There are 10 teams who can sign Drew without forfeiting a first round draft pick, and none of them have made an offer to Drew that’s acceptable to Scott Boras.
There are lots of teams who would only need to surrender a second or third round pick for Drew, and none of them have made an acceptable offer either.
Boras may be bluffing here, but he’s stubborn enough to do something like this. However, if he intends to take Drew into June without a contract, there are two things he should consider.
The first, is that by June, teams who are under-performing may be ready to deal some of their assets – potentially making clubs with a need at shortstop eager to find an answer via trade instead of potentially signing Drew.
Second, holding out until June will almost certainly lessen the amount of money Drew makes in 2014. There’s absolutely no reason for a team to pay Drew a full salary to play less than four months during the regular season.
This all would’ve been avoided if Drew accepted the $14.1 million dollar qualifying offer the Red Sox gave him. He was advised by Boras to turn it down in an effort to seek a bigger payday and was met with a bear market. Boras is now pulling out every stop necessary in an attempt to avoid looking like a fool.