We’re 7 weeks away from the MLB Amateur Draft, and as the scouting reports come in and the smoke screens begin it seems a good time to review some draft basics. Each team is assigned a draft pool based on the number of picks they have in the first 10 Rounds and the order in which they get to make draft selections. Each pick carries a specific dollar value (sometimes called "slot value") and it’s this accumulation of value that sets the MLB approved budget for teams to work with. Teams can sign players at or below or above the individual draft pick slot value as long as the sum of the team’s picks does not surpass the approved budget.
MLB Draft 2017: Previewing Oakland A's potential targets
