Jackson Holliday and Druw Jones, top picks in 2022 MLB Draft, have contract deals in place, report says

According to The Associated Press’ Ronald Blum, Jackson Holliday and Druw Jones, the top two picks in Major League Baseball’s 2022 Entry Draft, have reached deals with their respective clubs. Although no deal has been announced, Blum notes that both players are expected to receive signing bonuses in excess of $8 million.

Here is Blum’s report on the subject:

Holliday and Jones, both represented by Boras, have bonus signing deals worth more than $8 million, a person familiar with the negotiations told The Associated Press. The person spoke on condition of anonymity as the deals were not announced.

Holliday, an Oklahoma prep shortstop and the son of former All-Star outfielder Matt Holliday, was selected No. 1 by the Baltimore Orioles. The slot machine value, as ordered by MLB, has this pick worth $8.84 million.

Jones, a Georgia prep outfielder and the son of Borderline Hall of Famer Andruw Jones, was picked No. 2 by the Arizona Diamondbacks. He is about to receive a bonus of $8,185,100, reports the New York Post. This is the location value for choice #2.

Holliday and Jones will find themselves in rarefied air even if they only accept slot value.

The biggest signing bonus given to a drafted player during the capped era is the $8.4 million Spencer Torkelson received from the Detroit Tigers in 2020. Only two others have ever passed the $8 million threshold: Adley Rutschman, the last Oriole selected No. 1 overall, in 2019, and Gerrit Cole, in 2011. (The highest signing bonus in last year’s draft was the $7.92 million awarded to Jack Leiter.)

It should be noted that Cole was the last No. 1 pick before MLB instituted the slot. The fact that it took another player nearly a decade to top Cole’s signing bonus illustrates how effective the bonus pool and placement mechanics are at removing signing bonuses.

Kumar Rocker, the No. 3 pick in Sunday’s draft, has reportedly already agreed to a contract with the Texas Rangers which will net him $5.2 million, about $2.5 million below the value of the location.

The MLB draft will conclude with rounds 11-20 on Tuesday afternoon. After that, teams will have until 5 p.m. on Aug. 1 to sign their picks. You can keep tabs on each team’s pick by checking out our handy draft tracker.

Neal T. Doss