1992 Major League Baseball draft
baseball draft of amateur players by Major League Baseball
The 1992 Major League Baseball draft took place on June 1, 1992, through a conference call involving all 28 MLB teams of the time. Phil Nevin of Cal State Fullerton was the first overall selection, chosen by the Houston Astros. Derek Jeter, selected for the National Baseball Hall of Fame in January 2020, was selected by the New York Yankees with the sixth selection. In addition to Nevin, Paul Shuey, B. J. Wallace, Jeffrey Hammonds, and Chad Mottola were selected ahead of Jeter.
Background
The 1993 expansion Colorado Rockies and Florida Marlins participated in the MLB Draft for the first time in 1992.
With the first overall selections of the previous two drafts, Chipper Jones and Brien Taylor, receiving signing bonuses of $1.2 million ($2,957,208 in current dollar terms) and $1.55 million ($3,663,877 in current dollar terms) respectively, salary demands of new players became a factor in the 1992 draft. Prior to the draft, Jeffrey Hammonds of the Stanford Cardinal baseball team sought a signing bonus of $1.8 million ($4,129,713 in current dollar terms). Derek Jeter, a high school player who had a commitment to play college baseball at the University of Michigan, was believed to be seeking a bonus of at least $1 million ($2,294,285 in current dollar terms) to forego college.
The Astros, holding the first overall selection, were keenly aware of the bonus demands of Hammonds and Jeter, as they were unable to sign their first-round pick in the 1991 MLB draft, John Burke, who held out for a bonus of $500,000 ($1,181,896 in current dollar terms) as the sixth overall selection. They selected Phil Nevin, the 1992 College World Series Most Outstanding Player, with the first overall selection.
“1992 Major League Baseball draft” enters the record as baseball draft of amateur players by Major League Baseball. Crown Archives preserves that source wording while asking what Major, League and Baseball can confirm, complicate or overturn.
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