Bleacher Bums Forum

I wonder what college picks and college seniors taken on the 3rd day actually get.  The "slot" is $100K max.  Do guys routinely get that?  Or, is that not really true at all?  A couple get $100K (Austyn Willis), and one or two HS overslots get $200 or $275 (Clifton and the Missouri CF.), and maybe some more interesting college juniors get that (Twomey and Rose, maybe?).   But are many/most 3rd day signings, particularly college guys, and especially college seniors, getting way, way below $100K? 

The reason I ask is because *IF* 3rd day college guys, including seniors, are routinely getting $30-$50-$100K, I wonder why a senior would say yes in round 8?  Why doesn't Morrison say, "No, thanks, Theo.  I'm glad you believe in me to the tune of $5K, but I'm thinking tomorrow somebody will believe in me to the tune of $30K or $50K"?.  "Maybe even your guy McLeod."   Why say yes to a $5K deal on Tuesday if there's a reasonable shot to get an extra $20K or $40K or maybe $95K the next day? 

Seems to only makes sense if 3rd day college guys are likewise getting $5K deals?  Somehow I hadn't imagined that's really how low all the other teams are going on 3rd day guys, but maybe it is.  Simplest explanation is often the best explanation, I guess. 

Maybe some status; guys do want to be able to say they were drafted in the top-10 rounds, even if at expense of money? 

Or, maybe is there some other "workaround", 'beat-the-system" kind of compensation?  Perhaps not cheating; I expect the Cubs are pretty careful and would not be doing anything illegal on this, but maybe some loophole they have found?  Something special that they include in the 2nd-day senior-sign packages to compensate the player? 
*If/when we release you or you retire, we'll include a non-standard $50K severance package into your contract? 
*We'll pay you $6K salary per month, compared to standard $2K salary? 

Just seems curious that guys agree to such small deals if they had a chance to get better deals the next day.