Carter Stewart's Decision to Play in Japan Could Change the Business of the MLB Draft
By Ryan Flores
It sounds insane, but on Wednesday, a prospect's decision could have completely changed the business of the MLB draft.
Carter Stewart, a 19-year-old starting pitcher out of Eastern Florida State junior college, elected to sign a six-year contract worth more than $7 million with the Fukuoka Softbank Hawks of Japan's Pacific League.
MLB teams are no strangers to players not signing with their organization because they believe they're not getting the true value that they deserve in their contract. Heck, it happened with Kyler Murray, who elected to play football, and will make $35 million over four years.
Stewart, who was drafted in 2018 by the Atlanta Braves with the eighth pick, believed he did not get fair value in his contract offer, as he was offered around $2 million -- well below the $4.98 million slot value of the pick. This was because the Braves believed he was injured.
Stewart's draft stock took a dip after electing to go to junior college, as he was projected to go in the second round in this year's draft, and would have received less than the $2 million he was offered in 2018. With the signing, he will stand to make more money initially, and will be able to return to the United States at 25-years-old, and sign a long-term contract with any team.
This deal makes sense financially, and go figure that it was negotiated by super-agent Scott Boras. This way, Boras is able to gain leverage in contract negotiations for the MLB draft. He could now officially threaten teams by saying if you don't sign my player to a dollar amount we find appropriate, then they'll go to Japan or anywhere else.
Stewart and Boras are taking a huge leap of faith here. There's always the chance that Stewart goes down with an injury, or simply regresses and never bounces back.
However, there's a big time reward in line for Stewart should he shine in Japan, as teams will line up to give him incredible amounts of money that he likely would not have received until he was 27 or 28, thanks to service time in MLB.
This is an interesting storyline that fans everywhere will be keeping their eye on for years to come. It's safe to say that if this six-year experiment is a success, Boras and Stewart would have successfully changed the way business is done in MLB, as agents will have more leverage now than ever. If it doesn't work out, at least Carter made a cool $7 million.