Education Time – Baseball draft picks are worth up to 5 times the value of their slot to clubs. I never shy away from investments that can bring me this type of return.
– Steven Cohen (@StevenACohen2) 1er août 2021
Cohen said he’s not afraid of investments that can generate a huge return right after * he has avoided an investment that could earn him a huge return. Not to mention, Cohen’s outlook was terribly dehumanizing, as that decision essentially cost Rocker’s professional baseball career a year. One year in a person’s life.
Rocker cannot sign elsewhere with big league affiliated clubs. He only needs to train for a year or play in notoriously low-paying independent leagues.
According to ESPN, the Mets and Rocker had struck a $ 6 million deal that collapsed after a medical exam. But by not signing Rocker, the Mets essentially left $ 1.3 million from their draft pool unspent.
And of course, MLB clubs avoid prospects with arm issues because teams are risk averse. Rocker showed the obvious red flags last season with a drop in speed. But they knew that before they wrote it, and you’re still talking about a $ 16 billion owner who lets a potential star pass for a low price. All because the Mets didn’t want to wait for a possible rehabilitation that we don’t even know Rocker needs.
The MLB Draft is designed to remove player bonuses, and Cohen just admitted that.