07/20/2015 5:55 AM
Kyle Funkhouser (Chatham, 2013)
On June 8, the opening day of Major League Baseball’s 2015 First-Year Player Draft, 26 former Cape Cod Baseball League players were selected, including 14 in the first round.
Today, 24 of those players are under contract to the teams that chose them and 18 collected bonuses in excess of a million dollars.
The two holdouts, a pair of right-handed pitchers named Kyle, both plan to return to college for their senior year. They are Louisville’s Kyle Funkhouser (Chatham, 2013), selected by the Los Angeles Dodgers in the first round at No. 35 overall, and Kentucky’s Kyle Cody (Wareham, 2013-14), taken in the competitive-balance “B” round between Rounds 2 and 3 by the Minnesota Twins with the draft’s 73rd overall pick.
Not signing Funkhouser will result in the Dodgers receiving a compensatory selection in the 2016 draft, the No. 36 overall pick while Minnesota’s failure to sign Cody means the Twins will receive next year’s No. 74 selection as compensation.
As the signing deadline passed at 5 p.m. ET on Friday, the news wasn’t all bad for the Dodgers, who ultimately signed the first player they selected in this year’s draft, Vanderbilt righty Walker Buehler (Y-D, 2014), and their sixth-round selection, first baseman Edwin Rios (Cotuit, 2013; Orleans, 2014) of Florida International.
Beuhler reportedly agreed to a contract worth $1.78 million. Slot value for the No. 25 pick was $2,094,400, but Buehler’s bargaining position was weakened when a routine physical revealed an elbow condition that will require Tommy John surgery. Jim Callis of MLB.com reports that Rios signed for $225,000, just below the slot value of $234,000 for the No. 192 overall pick.