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MLB Draft 2012: Pirates Have $6.6 Million Available For Draft Picks

The Pittsburgh Pirates have spent more money over the last four seasons on their draft picks. With the new rules in place this year thanks to the new collective bargaining agreement, that will not be the case. The Pittsburgh Pirates will only be allowed around $6.6 million for signing picks made in the first 10 rounds.

The Pirates will be drafting in the top 10 for the seventh straight season. Here's the breakdown of their draft budget according to Baseball America.

PIRATES
11 $6,563,500

8 $2,900,000
45 $1,136,400
69 $746,300
103 $462,900
136 $336,700
166 $252,100
196 $188,800
226 $148,000
256 $138,200
286 $129,100
316 $125,000

The Pirates certainly hope that they will be able to put their money to good use come June 5 when the draft begins. These new rules could certainly make the entire draft practice more interesting given that teams could pass over needs for a player they are more likely to be able to sign.

For more on the Pirates, check out Bucs Dugout.

Photographs by dizfunk used in background montage under Creative Commons. Thank you.