The draft gets underway Thursday night with the first two rounds with rounds 3-10 held on Friday beginning at 1 P.M. EST. The draft concludes on Saturday with rounds 11-40.
The Cubs "prize" for last year's futility at Wrigley is the fourth overall pick, a bonus pool of $8,352,200 and the fourth pick in each of the 40 rounds. Every pick in the first 10 rounds is assigned a $ value, which determines a team's bonus pool. Here's the Cubs first 10 picks and assigned value of the pick.
Round 1, Overall Pick # 4, Slot Allotment $4,621,200;
Round 2, # 45, $1,250,400;
Round 3, # 78, $714,900;
Round 4, # 109, $480,600;
Round 5, # 139, $359,900;
Round 6, # 169, $269,500;
Round 7, # 199, $201,900;
Round 8, # 229, $161,800;
Round 9, # 259, $151,000;
Round 10, # 289, $141,000.
Teams cannot spend more than $100,000 for picks 11-40 or the money counts against their bonus pool. Teams are penalized financially and can lose draft picks for exceeding the bonus pool by more than five percent. Any overage up to five percent is a 75 percent tax.
Cubs have plenty of options with the fourth pick and I wrote about those here . Jed Hoyer reiterated to the media the Cubs draft cry since they came to town, "Take the best player available" with the first pick and load up with pitching depth.
Really no reason for Cub fans to be excited about the June 5 draft based on past history. In the last 11 years, the Cubs have drafted three players currently on the roster: Jeff Samardzija, a fifth round pick in 2006; and a pair of 2007 selections—Darwin Barney in the 4th round and James Russell in the 14th.
With new ownership, there's been a change in philosophy with an emphasis on the minors and homegrown talent. Scouts and other resources have been added to improve the Cubs grasp of the amateur baseball scene, not only for the draft but internationally as well. And its working. Javier Baez, Albert Almora and Kris Bryant were tabbed in the first round the last three years, and they inked some of the top international prospects last July.
You can expect the Cubs to load up with pitchers in the early rounds for the third straight year. They selected nine pitchers in the first 10 rounds in 2012 (two supplemental picks) and then added seven more last year.
While the success or failure of the picks falls upon Theo Epstein, President of Baseball Operations, and Jed Hoyer, the Cubs GM, they have surrounded themselves with an impressive support staff.
Scouting/Player Development Director Jason McLeod prepares for his third draft with the North Siders. Last year, the Cubs nabbed college third baseman Kris Bryant with the second pick and selected Albert Almora with the sixth overall pick in 2012. McLeod joined the Cubs in November of 2011 after two years as the Padres Assistant General Manager. He spent five seasons as the Red Sox's director of amateur scouting and has 18 years of experience in baseball operations and coaching. He began his career in San Diego in 1994 as an intern in baseball operations and held several positions including coaching for three years in the minors. Area scout and assistant director of scouting and player development are also on his resume. He is the great-grand nephew of Hall of Fame pitcher Carl Hubbell.
After promoting Jaron Madison to to Director of Player Development, Matt Dorey, the Cubs new Director of Amateur Scouting, oversees his first draft. When Theo Epstein left Boston there was an understanding he could not raid the Red Sox system and would only be able to take one employee with him, including none of the top-level employees in the department. That Red Sox employee was Dorey, an area scout and one of the Red Sox's top talent evaluators. Dorey has spent the past two years as the Cubs' regional crosschecker. He served as the Red Sox's area scout for Louisiana and Texas after being the club's Northwest scout in 2007, working with McLeod. He is credited with the Red Sox's signing right-hander Anthony Ranaudo (sandwich pick, 2010), third baseman Garin Cecchini (2010 fourth-round), outfielder Kendrick Perkins (2010 sixth-round) and Lucas LeBlanc (2010 11th-round), a group in which Boston spent nearly $5 million.
Lukas McKnight, a 21st round pick of the Cubs in 2000, serves as the Assistant Director of Amateur Scouting. McKnight caught in the Cubs minor leagues for five years (.261/.335/.348) playing 44 games at AA Tennessee in 2004. McKnight was promoted from Regional Crosschecker last year. Shane Ferrell, the son of Red Sox manager John Farrell, is the amateur scouting assistant. Farrell pitched at Marshall University from 2008-11. Sam Hughes and Ron Tostesnson serve as National Crosscheckers while Mark Adair, Steve Riha, and Bobby Filotel are regional crosscheckers.
Long-time Cubs scout Jim Crawford has been promoted to Scouting Supervisor and oversees the Cubs 17 area scouts that cover the US, Canada, Puerto Rico and Virgin Islands.. Those scouts are: Tim Adkins (KY, MI, OH, West PA., WV), Tom Clark (No. FL, So. GA), Chris Clemons (No. LA, No. X), Jonathan Davis (AL, MS TN), Scott Fairbanks (CA, NV), Trey Forerway (So/Cen. TX, So. LA), Al Geddes (AK, ID, MT, OR, WA, WY, West Canada), John Koronka (So. FL, Puerto Rico, Virgin Islands), Keith Lockhart (No. GA, SC), Alex Lontayo (So. CAL), Steve McFarland (AZ, CO, NM, UT, NV, West TX), Tony Meyers (Cen. CA, HI), Ty Nichols (AR, KS, MO, NE, ND, OK, SD), Matt Sherman (CT, VT, RI ME, NH, MA, NY, East PA, East Canada), Billy Swoope (DE, MD, NC, VA), Gabe Zapping (No. CA, NV), Stan Zielinski (IL, IN, IA, MN, WI). The Cubs use the services of part-time scouts Ramser Correa, Louis Ruffian, Keith Ryman and Eric Servais.