The MLB draft stage is set in Philadelphia, and the Chicago White Sox are soon on the clock.
Te 2026 MLB Draft gets underway at the Pennsylvania Convention Center at 1 p.m. ET on Saturday, July 11 with rounds 1 through 4. Then, on the eve of the 2026 MLB Home Run Derby, rounds 5 through 20 will take place, with the first pick of round five starting at 11:30 a.m. ET on Sunday, July 12.
There remain several questions heading into Saturday's first round, including who the White Sox take with the No. 1 overall pick.Will it be UCLA shortstop Roch Cholowsky, or will it be Georgia Tech catcher Vahn Lackey or will it be Texas high school shortstop Grady Emerson? Or could the White Sox, who have kept their cards close to their chest in the process, go with someone else?
The other is: How does the MLB draft work? In short, it's once again a 20-round draft with the pool of prospects including draft-eligible high schoolers and mostly juniors and seniors at the college level. But there is a greater sense of complexity to it than that. It is a slot draft, meaning it sees MLB executives use different strategies to select and sign their picks over the first 10 rounds. And that is just the tip of the iceberg.
Here's what to know about the MLB draft, why it is a slot draft and the money pool that teams will have at their disposal:
Is the MLB draft a slot draft? What is a slot draft?
Yes, the MLB draft is a slot draft, which means every pick has a specific predetermined slot value associated with it. The slot values for the draft are determined by Major League Baseball and are assigned to every pick through the first 10 rounds of the draft.
But just because a draft pick has a predetermined slot value, it doesn't mean a team has to sign that player to that value. What gives? Well, like free agency, teams negotiate deals with their draft picks and can sign them to a lower value. Teams could also use remaining pool money from a lower signing to overpay a different draft pick, or multiple picks.
One way to look at it is one big game of Monopoly, where teams are strategic and sometimes aggressive with a set pool of money at their disposal, just like how one might be to an entire color block or one of the railroads or even add houses to a property to maximize their value and all-encompassing portfolio.
How much does No. 1 overall pick in 2026 MLB Draft make?
The No. 1 overall pick for the 2026 MLB Draft, which is owned by the Chicago White Sox, has an estimated slot value of $11,350,600 according to MLB Pipeline. That is an increase of $274,700 from what the pick had slotted in value last season when the Washington Nationals took high school shortstop Eli Willits with the top overall pick.
Willits ultimately signed signed for $8.2 million with the Nationals, which was roughly $2.87 million below the total slot value of $11,075,900.
MLB draft bonus pools: How much money do all 30 teams have?
Below is a breakdown of bonus pool money for all 30 MLB teams, according to MLB Pipeline:
- Pittsburgh Pirates: $19,130,700
- Tampa Bay Rays: $19,009,300
- Chicago White Sox: $17,592,100
- San Francisco Giants: $17,350,600
- Minnesota Twins: $16,929,600
- St. Louis Cardinals: $16,612,300
- Kansas City Royals: $15,954,000
- Atlanta Braves: $15,870,800
- Colorado Rockies: $15,557,600
- Athletics: $13,840,300
- Houston Astros: $13,712,700
- Arizona Diamondbacks: $13,603,100
- Baltimore Orioles: $13,114,000
- Washington Nationals: $12,278,300
- Miami Marlins: $11,960,100
- Los Angeles Angels: $11,755,400
- Cincinnati Reds: $10,758,500
- Texas Rangers: $10,219,200
- Chicago Cubs: $9,644,100
- San Diego Padres: $9,479,000
- Cleveland Guardians: $9,303,700
- Detroit Tigers: $9,165,100
- Boston Red Sox: $8,219,200
- Seattle Mariners: $8,218,200
- Milwaukee Brewers: $8,042,900
- Philadelphia Phillies: $7,773,000
- New York Yankees: $7,342,800
- New York Mets: $6,730,900
- Toronto Blue Jays: $5,543,100
- Los Angeles Dodgers: $3,951,900
MLB draft first round slot value
Below is a breakdown of the slot values for all of the picks in the first round according to MLB Pipeline, including the prospect promotion incentive picks:
- 1. White Sox: $11,350,600
- 2. Rays: $10,507,000
- 3. Twins: $9,740,100
- 4. Giants: $8,988,400
- 5. Pirates: $8,336,500
- 6. Royals: $7,746,100
- 7. Orioles: $7,327,200
- 8. Athletics: $6,982,600
- 9. Braves: $6,675,300
- 10. Rockies: $6,393,100
- 11. Nationals: $6,133,500
- 12. Angels: $5,889,300
- 13. Cardinals: $5,661,300
- 14. Marlins: $5,444,900
- 15. Diamondbacks: $5,241,000
- 16. Rangers: $5,051,900
- 17. Astros: $4,868,600
- 18. Reds: $4,695,500
- 19. Guardians: $4,530,500
- 20. Red Sox: $4,373,900
- 21. Padres: $4,224,700
- 22. Tigers: $4,082,700
- 23. Cubs: $3,947,600
- 24. Mariners: $3,818,700
- 25. Brewers: $3,696,000
- 26. Braves: $3,578,800 (prospect promotion incentive pick)
- 27. Mets: $3,466,500 (first-round pick dropped 10 spots from No. 17 for exceeding second surcharge threshold of competitive-balance tax)
- 28. Astros: $3,363,600 (prospect promotion incentive pick)
MLB draft Competitive Balance Round A slot value
Below is a breakdown of the slot values for all of the picks in the Competitive Balance Round A, according to MLB Pipeline:
- 29. Giants: $3,270,200 (received from Guardians in Patrick Bailey trade)
- 30. Royals: $3,190,500
- 31. Diamondbacks: $3,118,300
- 32. Cardinals: $3,044,600
- 33. Rays: $2,970,200 (received from Orioles in Shane Baz trade)
- 34. Pirates: $2,897,400
- 35. Yankees: $2,826,700 (first-round pick dropped 10 spots for exceeding second surcharge threshold of competitive-balance tax)
- 36. Phillies: $2,758,800 (first-round pick dropped 10 spots for exceeding second surcharge threshold of competitive-balance tax)
- 37. Rockies: $2,696,700
MLB draft second round slot value
Below is a breakdown of the slot values for all of the picks in the second round, according to MLB Pipeline:
- 38. Rockies: $2,633,100
- 39. Blue Jays: $2,571,700 (first-round pick dropped 10 spots for exceeding second surcharge threshold of competitive-balance tax)
- 40. Dodgers: $2,504,200 (first-round pick dropped 10 spots for exceeding second surcharge threshold of competitive-balance tax)
- 41. White Sox: $2,446,100
- 42. Nationals: $2,388,800
- 43. Twins: $2,333,200
- 44. Pirates: $2,278,700
- 45. Angels: $2,225,800
- 46. Orioles: $2,181,600
- 47. Athletics: $2,131,300
- 48. Braves: $2,081,900
- 49. Rays: $2,033,400
- 50. Cardinals: $1,982,700
- 51. Pirates: $1,938,100 (awarded for failure to sign 2025 second-rounder Angel Cervantes)
- 52. Marlins: $1,892,500
- 53. Diamondbacks: $1,848,200
- 54. Rangers: $1,805,300
- 55. Giants: $1,763,000
- 56. Royals: $1,721,700
- 57. Astros: $1,677,400
- 58. Reds: $1,637,700
- 59. Guardians: $1,598,900
- 60. Padres: $1,561,000
- 61. Tigers: $1,523,600
- 62. Cubs: $1,487,200
- 63. Yankees: $1,451,700
- 64. Phillies: $1,416,600
- 65. Mariners: $1,382,600
- 66. Brewers: $1,353,100
MLB draft Competitive Balance Round B slot values
Below is a breakdown of the slot values for all of the picks in the Competitive Balance Round B, according to MLB Pipeline, including a free agent compensation pick:
- 67. Red Sox: $1,317,300 (received from Brewers in Caleb Durbin trade)
- 68. Cardinals: $1,285,500 (received from Mariners in Brendan Donovan trade)
- 69. Tigers: $1,254,200
- 70. Reds: $1,223,100
- 71. Marlins: $1,192,600
- 72. Cardinals: $1,174,300 (received from Rays in Brendan Donovan trade)
- 73. Athletics: $1,156,400
- 74. Twins: $1,138,600
- 75. Cubs: $1,120,900 (free agent compensation pick for Kyle Tucker signing with the Dodgers)
MLB draft third round slot value
Below is a breakdown of the slot values for all of the picks in the third round, according to MLB Pipeline:
- 76. Rockies: $1,103,500
- 77. White Sox: $1,086,600
- 78. Nationals: $1,069,600
- 79. Twins: $1,052,700
- 80. Pirates: $1,035,700
- 81. Angels: $1,018,500
- 82. Orioles: $1,003,800
- 83. Athletics: $988,700
- 84. Braves: $973,700
- 85. Rays: $958,500
- 86. Cardinals: $943,600
- 87. Marlins: $929,700
- 88. Diamondbacks: $915,100
- 89. Rangers: $900,800
- 90. Giants: $887,000
- 91. Royals: $872,900
- 92. Mets: $859,900
- 93. Astros: $846,900
- 94. Reds: $833,800
- 95. Guardians: $823,800
- 96. Red Sox: $815,700
- 97. Padres: $808,100
- 98. Cubs: $800,000
- 99. Yankees: $792,300
- 100. Phillies: $784,400
- 101. Mariners: $778,200
- 102. Brewers: $770,600
- 103. Blue Jays: $762,900
MLB draft fourth round slot value
Below is a breakdown of the slot values for all of the picks in the fourth round, according to MLB Pipeline, including several free agent compensation picks:
- 104. Rockies: $755,300
- 105. White Sox: $747,700
- 106. Nationals: $740,500
- 107. Twins: $733,100
- 108. Pirates: $725,900
- 109. Angels: $718,700
- 110. Orioles: $711,800
- 111. Athletics: $704,900
- 112. Braves: $697,700
- 113. Rays: $691,000
- 114. Cardinals: $684,300
- 115. Marlins: $677,500
- 116. Diamondbacks: $670,900
- 117. Rangers: $664,500
- 118. Giants: $658,100
- 119. Royals: $651,500
- 120. Mets: $645,100
- 121. Astros: $638,800
- 122. Reds: $632,500
- 123. Guardians: $626,500
- 124. Padres: $620,300
- 125. Tigers: $614,500
- 126. Cubs: $609,200
- 127. Yankees: $603,500
- 128. Phillies: $597,400
- 129. Mariners: $591,700
- 130. Brewers: $585,700
- 131. Blue Jays: $581,100
- 132. Dodgers: $575,300
- 133. Astros: $569,600 (free agent compensation pick for Framber Valdez signing with the Tigers)
- 134. Padres: $563,900 (free agent compensation pick for Dylan Cease signing with Blue Jays)
- 135. Phillies: $558,400 (free agent compensation pick for Ranger Suárez signing with Red Sox)
MLB draft fifth round slot value
Below is a breakdown of the slot values for all of the picks in the fifth round, according to MLB Pipeline:
- 136. Rockies: $553,100
- 137. White Sox: $547,700
- 138. Nationals: $542,200
- 139. Twins: $536,900
- 140. Pirates: $532,000
- 141. Angels: $526,600
- 142. Orioles: $521,500
- 143. Athletics: $516,300
- 144. Braves: $511,400
- 145. Rays: $506,100
- 146. Cardinals: $501,300
- 147. Marlins: $496,400
- 148. Diamondbacks: $491,700
- 149. Rangers: $486,800
- 150. Giants: $481,800
- 151. Royals: $476,900
- 152. Mets: $472,500
- 153. Astros: $467,700
- 154. Reds: $463,200
- 155. Guardians: $458,500
- 156. Red Sox: $454,100
- 157. Padres: $449,500
- 158. Tigers: $445,200
- 159. Cubs: $441,300
- 160. Yankees: $437,200
- 161. Phillies: $433,200
- 162. Mariners: $429,100
- 163. Brewers: $425,400
- 164. Blue Jays: $421,300
MLB draft sixth round slot value
Below is a breakdown of the slot values for all of the picks in the sixth round, according to MLB Pipeline:
- 165. Rockies: $417,400
- 166. White Sox: $413,900
- 167. Nationals: $410,300
- 168. Twins: $406,800
- 169. Pirates: $403,500
- 170. Angels: $399,800
- 171. Orioles: $396,300
- 172. Athletics: $393,100
- 173. Braves: $389,900
- 174. Rays: $386,500
- 175. Cardinals: $383,400
- 176. Marlins: $380,200
- 177. Diamondbacks: $377,000
- 178. Rangers: $373,800
- 179. Giants: $370,600
- 180. Royals: $367,600
- 181. Mets: $364,600
- 182. Astros: $361,900
- 183. Reds: $358,900
- 184. Guardians: $355,700
- 185. Red Sox: $352,900
- 186. Padres: $350,100
- 187. Tigers: $347,300
- 188. Cubs: $344,400
- 189. Yankees: $341,800
- 190. Phillies: $338,800
- 191. Mariners: $335,900
- 192. Brewers: $333,200
- 193. Blue Jays: $330,300
MLB draft seventh round slot value
Below is a breakdown of the slot values for all of the picks in the seventh round, according to MLB Pipeline:
- 194. Rockies: $327,700
- 195. White Sox: $325,100
- 196. Nationals: $322,300
- 197. Twins: $319,600
- 198. Pirates: $317,100
- 199. Angels: $314,300
- 200. Orioles: $311,700
- 201. Athletics: $310,000
- 202. Braves: $307,300
- 203. Rays: $304,800
- 204. Cardinals: $302,300
- 205. Marlins: $299,700
- 206. Diamondbacks: $297,100
- 207. Rangers: $294,800
- 208. Giants: $292,300
- 209. Royals: $289,900
- 210. Mets: $287,800
- 211. Astros: $285,400
- 212. Reds: $283,000
- 213. Guardians: $280,900
- 214. Red Sox: $278,700
- 215. Padres: $276,400
- 216. Tigers: $274,300
- 217. Cubs: $272,000
- 218. Yankees: $270,000
- 219. Phillies: $267,800
- 220. Mariners: $266,100
- 221. Brewers: $264,100
- 222. Blue Jays: $262,300
- 223. Dodgers: $260,300
MLB draft eighth round slot value
Below is a breakdown of the slot values for all of the picks in the eighth round, according to MLB Pipeline:
- 224. Rockies: $258,400
- 225. White Sox: $256,500
- 226. Nationals: $254,900
- 227. Twins: $253,300
- 228. Pirates: $251,500
- 229. Angels: $249,300
- 230. Orioles: $247,900
- 231. Athletics: $245,800
- 232. Braves: $244,500
- 233. Rays: $242,700
- 234. Cardinals: $241,000
- 235. Marlins: $239,200
- 236. Diamondbacks: $237,800
- 237. Rangers: $236,100
- 238. Giants: $234,700
- 239. Royals: $233,400
- 240. Mets: $232,100
- 241. Astros: $231,000
- 242. Reds: $229,700
- 243. Guardians: $228,600
- 244. Red Sox: $227,200
- 245. Padres: $226,300
- 246. Tigers: $225,300
- 247. Cubs: $224,100
- 248. Yankees: $223,100
- 249. Phillies: $222,200
- 250. Mariners: $220,900
- 251. Brewers: $220,400
- 252. Blue Jays: $219,500
- 253. Dodgers: $218,500
MLB draft ninth round slot value
Below is a breakdown of the slot values for all of the picks in the ninth round, according to MLB Pipeline:
- 254. Rockies: $217,800
- 255. White Sox: $217,000
- 256. Nationals: $216,100
- 257. Twins: $215,400
- 258. Pirates: $214,800
- 259. Angels: $213,900
- 260. Orioles: $213,300
- 261. Athletics: $212,600
- 262. Braves: $212,000
- 263. Rays: $211,200
- 264. Cardinals: $210,600
- 265. Marlins: $210,200
- 266. Diamondbacks: $209,500
- 267. Rangers: $209,000
- 268. Giants: $208,500
- 269. Royals: $207,900
- 270. Mets: $207,200
- 271. Astros: $206,800
- 272. Reds: $206,300
- 273. Guardians: $205,800
- 274. Red Sox: $205,400
- 275. Padres: $205,000
- 276. Tigers: $204,400
- 277. Cubs: $204,100
- 278. Yankees: $203,500
- 279. Phillies: $202,900
- 280. Mariners: $202,700
- 281. Brewers: $202,500
- 282. Blue Jays: $202,100
- 283. Dodgers: $201,700
MLB draft 10th round slot value
Below is a breakdown of the slot values for all of the picks in the 10th round, according to MLB Pipeline:
- 284. Rockies: $201,500
- 285. White Sox: $200,900
- 286. Nationals: $200,100
- 287. Twins: $199,900
- 288. Pirates: $199,500
- 289. Angels: $199,200
- 290. Orioles: $198,900
- 291. Athletics: $198,600
- 292. Braves: $198,300
- 293. Rays: $197,900
- 294. Cardinals: $197,400
- 295. Marlins: $197,200
- 296. Diamondbacks: $196,500
- 297. Rangers: $196,200
- 298. Giants: $196,000
- 299. Royals: $195,600
- 300. Mets: $195,200
- 301. Astros: $195,000
- 302. Reds: $194,800
- 303. Guardians: $194,500
- 304. Red Sox: $194,000
- 305. Padres: $193,700
- 306. Tigers: $193,600
- 307. Cubs: $193,300
- 308. Yankees: $193,000
- 309. Phillies: $192,500
- 310. Mariners: $192,300
- 311. Brewers: $191,900
- 312. Blue Jays: $191,900
- 313. Dodgers: $191,900
When is 2026 MLB Draft?
The 2026 MLB Draft is scheduled to take place across both Saturday, June 11 and Sunday, June 12 in Philadelphia at the Pennsylvania Convention Center. Saturday will consist of rounds 1-4 of the draft, with Sunday consisting of rounds 5 through 20.
Day 1 is set to begin at 1 p.m. ET and run through 7:45 p.m. ET. Day 2 is set to resume at 11:30 a.m. ET and is expected to go until 7:30 p.m. ET.
This article originally appeared on USA TODAY: MLB draft slot values: Bonus pool money, pick values for every MLB team