How Much Money Does A 7th Round Draft Pick Make

MLB Draft slot values: Here's how much money each pick is worth in 2021

(Courtesy of @MLBDraft https://images.daznservices.com/di/library/sporting_news/a4/5c/mlbdraft-mlb-ftr-060419jpg_9ae390tb463x1p0khnkqnsel3.jpg?t=631077851&w=500&quality=80

Baseball isstill a business.

The 2021 MLB Draft is, once again, a bit different from what we've seen in the past. While the 2020 draft was cut to just five rounds, this year, the draft is a bit more normal, with 20 rounds and 612 total selections for MLB teams to fill out their rosters with this weekend.

On July 11, the 2021 MLB Draft gets underway in Denver, Colo., as MLB has decided to shift the first-year player draft from the first week in June to a much more comfortable — and sensical — date, making the draft a potential staple of MLB All-Star weekend.

While there's still almost $8.5 million allotted to the No. 1 overall pick, the 3 1/2 percent increase that was previously on the table for the draft is out the window for 2021, meaning that the 2019 values are still in place for this year's draft.

Still a little confused? Here's what you need to know:

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What are MLB Draft slot values?

In the first 10 rounds of the MLB draft, each pick is assigned a certain amount of guaranteed bonus money that teams are allowed to spend on signing a player without facing a penalty.

Teams can opt to spend more or less than the allotted slot value, but may incur a penalty if they exceed the amount — or risk losing a player if it's not the money they were looking for.

MLB Draft slot values 2021

All slot values are courtesy of MLB:

Round 1

Pick	Team	Value
1	Pirates	$8,415,300
2	Rangers	$7,789,900
3	Tigers	$7,221,200
4	Red Sox	$6,664,000
5	Orioles	$6,180,700
6	D-backs	$5,742,900
7	Royals	$5,432,400
8	Rockies	$5,176,900
9	Angels	$4,949,100
10	Mets	$4,739,900
11	Nationals	$4,547,500
12	Mariners	$4,366,400
13	Phillies	$4,197,300
14	Giants	$4,036,800
15	Brewers	$3,885,800
16	Marlins	$3,745,500
17	Reds	$3,609,700
18	Cardinals	$3,481,300
19	Blue Jays	$3,359,000
20	Yankees	$3,242,900
21	Cubs	$3,132,300
22	White Sox	$3,027,000
23	Indians	$2,926,800
24	Braves	$2,831,300
25	Athletics	$2,740,300
26	Twins	$2,653,400
27	Padres	$2,570,100
28	Rays	$2,493,900
29	Dodgers	$2,424,600

Compensatory round

The Reds received a compensatory pick as part of the Dodgers' signing of Trevor Bauer:

Pick	Team	Value
30	Reds	$2,365,500

Competitive Balance Round A

Pick	Team	Value
31	Marlins	$2,312,000
32	Tigers	$2,257,300
33	Brewers	$2,202,200
34	Rays	$2,148,100
35	Reds	$2,095,800
36	Twins	$2,045,400

Round 2

Pick	Team	Value
37	Pirates	$1,999,300
38	Rangers	$1,952,300
39	Tigers	$1,906,800
40	Red Sox	$1,856,700
41	Orioles	$1,813,500
42	D-backs	$1,771,100
43	Royals	$1,729,800
44	Rockies	$1,689,500
45	Angels	$1,650,200
46	Mets	$1,617,400
47	Nationals	$1,580,200
48	Mariners	$1,543,600
49	Phillies	$1,507,600
50	Giants	$1,469,900
51	Brewers	$1,436,900
52	Marlins	$1,403,200
53	Reds	$1,370,400
54	Cardinals	$1,338,500
55	Yankees	$1,307,000
56	Cubs	$1,276,400
57	White Sox	$1,243,600
58	Indians	$1,214,300
59	Braves	$1,185,500
60	Athletics	$1,157,400
61	Twins	$1,129,700
62	Padres	$1,102,700
63	Rays	$1,076,300

Competitive Balance Round B

Pick	Team	Value
64	Pirates	$1,050,300
65	Orioles	$1,025,100
66	Royals	$1,003,300
67	D-backs	$976,700
68	Rockies	$953,100
69	Indians	$929,800
70	Cardinals	$906,800
71	Padres	$884,200

Round 3

Pick	Team	Value
72	Pirates	$870,700
73	Rangers	$857,400
74	Tigers	$844,200
75	Red Sox	$831,100
76	Orioles	$818,200
77	D-backs	$805,600
78	Royals	$793,000
79	Rockies	$780,400
80	Angels	$767,800
81	Mets	$755,300
82	Nationals	$744,200
83	Mariners	$733,100
84	Phillies	$721,900
85	Giants	$710,700
86	Brewers	$699,700
87	Astros	$689,300
88	Marlins	$678,600
89	Reds	$667,900
90	Cardinals	$657,600
91	Blue Jays	$647,300
92	Yankees	$637,600
93	Cubs	$627,900
94	White Sox	$618,200
95	Indians	$610,800
96	Braves	$604,800
97	Athletics	$599,100
98	Twins	$593,100
99	Padres	$587,400
100	Rays	$581,600
101	Dodgers	$577,000

Round 4

Pick	Team	Value
102	Pirates	$571,400
103	Rangers	$565,600
104	Tigers	$560,000
105	Red Sox	$554,300
106	Orioles	$549,000
107	D-backs	$543,500
108	Royals	$538,200
109	Rockies	$533,000
110	Angels	$527,800
111	Mets	$522,600
112	Nationals	$517,400
113	Mariners	$512,400
114	Phillies	$507,400
115	Giants	$502,300
116	Brewers	$497,500
117	Astros	$492,700
118	Marlins	$487,900
119	Reds	$483,000
120	Cardinals	$478,300
121	Blue Jays	$473,700
122	Yankees	$469,000
123	Cubs	$464,500
124	White Sox	$460,000
125	Indians	$455,600
126	Braves	$451,800
127	Athletics	$447,400
128	Twins	$442,900
129	Padres	$438,700
130	Rays	$434,300
131	Dodgers	$430,800
132	Astros	$426,600

Round 5

Pick	Team	Value
133	Pirates	$422,300
134	Rangers	$418,200
135	Tigers	$414,000
136	Red Sox	$410,100
137	Orioles	$406,000
138	D-backs	$402,000
139	Royals	$398,000
140	Rockies	$394,300
141	Angels	$390,400
142	Mets	$386,600
143	Nationals	$382,700
144	Mariners	$379,000
145	Phillies	$375,200
146	Giants	$371,600
147	Brewers	$367,900
148	Astros	$364,400
149	Marlins	$360,800
150	Reds	$357,100
151	Cardinals	$353,700
152	Blue Jays	$350,300
153	Yankees	$346,800
154	Cubs	$343,400
155	White Sox	$340,000
156	Indians	$336,600
157	Braves	$333,300
158	Athletics	$330,100
159	Twins	$327,200
160	Padres	$324,100
161	Rays	$321,100
162	Dodgers	$318,200