If your son is a professional baseball prospect, you might want to know what makes more sense for him: continue playing at the collegiate level, or turn pro right away. The price where it pays to go pro might surprise you.
Of the four major U.S. sports, only baseball and basketball draft high school and college players together. However, the basketball draft lasts only two rounds and includes players from overseas professional leagues, while baseball provides far more opportunities. The Amateur Baseball Draft lasts ten rounds and includes only high school and college players.
While baseball offers immediate professional opportunities to high school graduates, a minor leaguer ballplayer usually needs three or four years of seasoning to be ready for the major league roster. A player who signs a contract in 2007 and immediately reported to a Rookie League or Class A team should be on the major league roster on or before the 2010 season.
First year salaries for a minor league ballplayer range from $850 a month for the first contract season to $2,150 when the player reaches Triple-A, one level below the major leagues. Given the low salaries, the decision to skip...