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With the 2014 MLB first-year player draft now in the books, it's time to see how baseball's new crop of talent compares to its current top prospects.

However, the arrival of new faces in this top-50 update means we have to say goodbye to those players who've lost prospect status (either by accruing 130 at-bats or 50 innings in the major leagues) or are currently part of a team's 25-man, active roster. Please note that all rankings for 2014 draftees are based on the assumption they will sign with their respective teams and begin their professional careers.

With that being said, here is Prospect Pipeline's updated ranking of baseball's top 50 prospects in the wake of the 2014 draft.

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The 2014 MLB first-year player draft came to an end Saturday with Rounds 11 through 40, as teams made one final attempt to either build on or improve their hauls from the opening rounds.

Having already analyzed the selections from Days 1 and 2, in this slideshow we'll take a step back and evaluate each team's overall draft, breaking down some of the potential steals and questionable picks.

Each team was graded on a combination of factors, ranging from organizational needs and potential impact to value at the draft slot and signability of the draftee.

After three days and 1,215 picks, here's a look at how each team fared in this year's draft.

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Bill Kostroun/Associated Press

The 2014 MLB first-year player draft continued Friday with Rounds 3 through 10, as teams tried to either build on or improve their haul from the opening rounds.

After breaking down every pick made on Day 1, today we'll take a step back and evaluate each team's overall drafting strategy from the first 10 rounds.

Each team was graded on a combination of factors, ranging from organizational needs, potential impact, value at the draft slot and signability of the draftee.

Here's a look at where each team stands headed into the draft's final day.

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While Day 1 of the Major League Baseball draft took place Thursday night and carried through the end of the Competitive Balance Round after Round 2, Day 2 began in the early afternoon Friday and came to a close after Round 10.

Since most of the best amateurs are selected on Day 1, Rounds 3 through 10 are about picking more signable players (i.e., college seniors) so teams can stay within their allotted bonus pools. That doesn't mean, though, that clubs can't find and take college and high school talent with some upside as potential mid-round steals.

Here's a look at a batch of the biggest steals from Day 2—amateurs who went much later in the draft than projected based solely on their talent—listed in draft order from latest to earliest. For the purposes of this piece, only players picked in Round 5 or later could qualify as steals.

 

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And just like that, Day 1 of the 2014 MLB first-year player draft came to an end.

Thursday night saw a total of 74 MLB hopefuls selected between Round 1, Comp Round A, Competitive Balance Round A, Round 2 and Competitive Balance Round B. 

Day 1 had a little of everything, including surprise selections, gross overdrafts and, of course, plenty of under-the-radar steals. 

After bringing you all of the latest information on every pick made on Day 1, it's time to take a step back and evaluate each team's draft strategy.

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The 2014 season has already seen a collection of notable prospects receive promotions to the major leagues. Undoubtedly, there are many, many more to come. And soon.

In fact, with the Super Two target deadline approaching (likely around mid-June), there should be plenty of promotions of primo prospects over the next weeks or two.

Already, highly regarded youngsters George Springer, Rougned Odor and Tommy La Stella are starting for their respective clubs following early season call-ups.

More recently, the St. Louis Cardinals promoted consensus top-five prospect Oscar Taveras over the weekend, while the Houston Astros gave first baseman Jon Singleton a long-term extension and brought him up Tuesday. As if on cue, both players homered in their very first big league game.

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Charlie Neibergall/Associated Press

With the 2014 MLB Rule 4 draft set to commence Thursday night, it’s time to take one final stab at predicting how the first round will unfold.

For the third consecutive year, the Houston Astros have the No. 1 pick and will drastically impact how the first round unfolds. In 2012, they decided to cut a well-below-slot deal with 17-year-old Puerto Rican shortstop Carlos Correa. As a result, the organization was able to sign all of its key, early-round selections.

Although this year’s crop of talent may be weaker compared to previous drafts, it’s loaded at the top with impact pitchers in Brady Aiken, Carlos Rodon, Tyler Kolek, Aaron Nola, Sean Newcomb and Kyle Freeland, who all have the potential to come off the board in the first 10 slots.

But which player will the Astros select with the No. 1 pick?

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USA Today

We’re now well into the minor league season, and countless prospects continue to open eyes with their performances at each of the four full-season levels.

With teams having played in the neighborhood of 50 games since Opening Day on April 3—most starting pitchers have made about a dozen starts, while hitters are within range of 200 plate appearances by now—small sample sizes are no longer quite so small.

As we've done in previous installments, this week’s list of players once again combines reports on both hitters and pitchers in the same article.

Here are the hottest and coldest players at every minor league level.

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With draft prospects, it’s all about projecting how a player’s game will translate in the major leagues. And when talking about a prospect's overall potential in the major leagues, we're basically referring to his ceiling.

Now when we say ceiling, we’re talking about a player’s best-case outcome from a developmental standpoint, with the ceiling representing his maximum (and at least somewhat realistic) potential. However, it’s also a term heavily associated with risk level, as it’s often the youngest and most raw players (or in this year's crop of talent, the injured) deemed to have the highest ceilings.

With that being said, here’s a look at the top 10 draft prospects with the highest ceilings among players in this year’s class.

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USA Today

In mid-May, Houston Astros general manager Jeff Luhnow suggested that first baseman Jonathan Singleton was “on deck” for a call-up. On Tuesday, the 22-year-old will finally step up to the plate, both figuratively and literally.

The Houston Astros made baseball history Monday by signing Singleton to a five-year extension that includes $10 million in guaranteed money, as reported by Jeff Passan of Yahoo! Sports. The contract also includes three club options that could push his total earnings to $35 million. 

According to ESPN’s Jerry Crasnick, Singleton will earn $9.5 million in base salary over the five guaranteed years of the contract, and he stands to receive $500,000 should the Astros decline his first option. Additionally, per Crasnick, Singleton’s three option years carry a value of $20 million, while he is due an additional $5 million in bonuses and awards.

The deal is the first for a player without a lick of major league experience, as Singleton will now be under contract through his age-29 season. The Astros approached rookie George Springer with a similar deal last month before his promotion to the major leagues, but the outfielder declined because he believed that it would limit his future earning potential.