MLB Draft 2012: Each Team's Top Unsigned Pick

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MLB Draft 2012: Each Team's Top Unsigned Pick
Mark Appel, Photo Courtesy of sfexaminer.com

The deadline to sign players selected in the 2012 MLB draft is 5 p.m. on July 13, and this season there is a new twist to the signing system

Each MLB team is allotted the same budget for the first 10 rounds of the draft. This is meant to balance out the spending and take away the advantage of the bigger markets such as the Yankees and, more recently, the Texas Rangers.

After the 10th round, teams do not lose money from their pool. So there are a lot of talented players who fall into the 11th round and beyond because teams can spend more to try to sign them.

At this juncture, there are 11 first-round picks (including supplemental picks) who remain unsigned, headlined by the Pirates' Mark Appel. A great majority of these players will be signed. But for teams like the Pirates with Appel, the Chicago Cubs with Albert Almora and the Washington Nationals with Lucas Giolito, the negotiations will likely continue until the final hour.

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