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Casey Weathers, Rockies Agree to Deal

Official Press Release

Renck says Weathers signed for a $1.8M signing bonus.

Here's what David had to say in the Signings Diary:

If you look at the last few 8th overall picks, Weathers deal is bonus is the second lowest to Townsend's 1.5 million, and most recent 8th overalls have gone between 2-2.3 million.

My guess is that the Rockies have been looking for the Townsend discount, which has held up negotiations until today.  Most figured this would be a cheaper sign based on Weathers' senior status, but it remains to be seen if "savings" (assuming the budget wasn't already small) will be put towards making a run at Davis, but we can all hope for the team to make a good faith effort at meeting Boras' demands to add a high end talent to this class.

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This calms a worry
My belief in these negotiations was that if Weathers did not sign quickly, we were likely lowballing him.  While that may still be the case, I'm happy this is finally complete and Weathers can go pitch when the SAL season resumes.

1.8 million is fair compensation, in my opinion.  Weathers was not the eighth best player in the draft, and lacked leverage.  The Rockies paid him more in line with where he should have been selected, and not where he eventually landed.  

While we have no idea of the actual budget, I'm hoping that enough players have signed for below slot so that we can give Davis a legitimate offer.  If this draft ends with no Davis and a large amount of discount signees, then you have to wonder about the financial constraints on the scouting department, which would be unfortunate...

by David OhNo on Jun 18, 2007 6:15 PM MDT   0 recs

Not the whole story
You also have to factor in the money used to sign Scott Robinson and Zach Murray.

Plus, if Davis does not sign, it still isn't necessarily a sign of "financial constraint"......they might be planning on making a much bigger splash in the International Market this year and have made the decision to spend more money in that arena......time will tell.

by sg8335aa on Jun 18, 2007 8:36 PM MDT to parent up   0 recs

Good points
The money for Murry and Robinson, when tacked on to Weathers' bonus, would put it around Stubbs' bonus of last year, but it should still represent some type of savings on the typical 8th overall pick.

Regardless of their intentions in the international market, the draft is a more recognizable venue for acquiring talent, and at least a solid offer to Davis would show even die hard fans like ourselves that this team isn't pinching pennies across the board.  Eventually, these signs start to add up.

by David OhNo on Jun 18, 2007 8:52 PM MDT to parent up   0 recs

Yes
The key was that, as a college senior, Weathers lacked leverage.  He doesn't have the option of going back to college for another year as a junior would.
The Coors Effect... thinking about changing the name to The Humidor Effect.

by Rox Fan in TN on Jun 18, 2007 8:44 PM MDT to parent up   0 recs

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