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Home » Sports

Tuesday, June 9, 2009

The price of drafting high

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Strasburg expected to fetch record contract as baseball's No. 1 pick

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Stephen Strasburg is likely to receive a record contract as the Nationals' No. 1 pick.

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By Tim Lemke

The Washington Nationals' work will be just beginning if, as expected, they select Stephen Strasburg with the first pick in the Major League Baseball draft Tuesday.

What will follow is weeks of grappling with a most difficult and - for baseball - far-reaching question: How much money should this highly touted hurler be awarded before he dons a major league uniform?

$10 million? $20 million? $50 million?

The reported contract figures certainly are out there.

"There are numbers thrown around that are absolutely crazy for a guy who's never thrown a pitch in major league baseball," said Steve Phillips, a former general manager with the New York Mets who's now a baseball analyst with ESPN.

The record for the most money paid to a newly drafted player is the $10.5 million the Chicago Cubs gave pitcher Mark Prior in 2001. Several other players - Mark Teixeira, then of the Texas Rangers, and David Price of the Tampa Bay Rays - have neared the $10 million figure.

Strasburg's agent, Scott Boras, appears certain to seek considerably more for his client, but Nationals officials downplayed talk of a record-breaking contract.

"I assure you it's irrelevant to me what hyperbole and mythology has been written," Nationals president Stan Kasten said. "I have no expectation that this year's draft is going to be revolutionary in terms of pay, especially with the economy down. I don't see that in the cards, and it certainly won't be happening here."

With Strasburg, the Nationals face the ultimate risk-reward situation: The club is in position to sign a player viewed as one of the most talented prospects in perhaps decades. But the Nationals also could be on the hook for millions of wasted dollars if he does not perform as expected.

They face considerable pressure from fans to sign Strasburg because they failed to sign their first-round pick last season, Missouri pitcher Aaron Crow.

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