Here's your allowance — spend it wisely.
For MLB teams, the draft is a test to see who can spend their funds the best. It's more complicated than other leagues where you just show up and select the best player available at the time.
Instead, every pick for the first 10 rounds is assigned a value in the MLB Draft, with each team having a predetermined pool of money to spend. How a team decides to allocate those funds often determines whether it's a successful draft or not.
The official term is "slot values."
Want to spend more on an early pick? That'll leave less for later on. Want to take the cheaper route and save the cash for later? For many teams, the answer is to spend less and spread the wealth later on.
MORE: Final top 100 big board of 2023 MLB Draft prospects
Regardless, the MLB Draft is a clash of strategies while aiming to bridge the gap between big- and small-market teams — making it an interesting, yet somewhat complicated three days.
Here's what you need to know about the value of all draft picks in 2023:
What are MLB Draft slot values?
For the first 10 rounds of the MLB Draft, teams are on a strict budget thanks to slot values — which is the term used for each of the team's pick funds for the first half of the draft.
They are given a specific overall dollar amount to spend and cannot exceed that total without incurring penalties. MLB assigns a dollar amount for each pick. After adding up the money for each team's selections, that is the total bonus pool they have at their disposal.
Because draft picks outside of the competitive balance round cannot be traded, there is no loophole for clubs to exploit. It's an exercise in strategy and the proper allocation of funds to stay at or under the total.
MORE: Dates, start time, pick order, and how to watch the 2023 MLB Draft
MLB draft slot values 2023
Slot values are courtesy of MLB.
Round 1
| Pick | Team | Value |
| 1. | Pirates | $9,721,000 |
| 2. | Nationals | $8,998,500 |
| 3. | Tigers | $8,341,700 |
| 4. | Rangers | $7,698,000 |
| 5. | Twins | $7,139,700 |
| 6. | Athletics | $6,634,000 |
| 7. | Reds | $6,275,200 |
| 8. | Royals | $5,980,100 |
| 9. | Rockies | $5,716,900 |
| 10. | Marlins | $5,475,300 |
| 11. | Angels | $5,253,000 |
| 12. | D-backs | $5,043,800 |
| 13. | Cubs | $4,848,500 |
| 14. | Red Sox | $4,663,100 |
| 15. | White Sox | $4,488,600 |
| 16. | Giants | $4,326,600 |
| 17. | Orioles | $4,169,700 |
| 18. | Brewers | $4,021,400 |
| 19. | Rays | $3,880,100 |
| 20. | Blue Jays | $3,746,000 |
| 21. | Cardinals | $3,618,200 |
| 22. | Mariners | $3,496,600 |
| 23. | Guardians | $3,380,900 |
| 24. | Braves | $3,270,500 |
| 25. | Padres | $3,165,400 |
| 26. | Yankees | $3,065,000 |
| 27. | Phillies | $2,968,800 |
| 28. | Astros | $2,880,700 |
Prospect promotion incentive pick
| Pick | Team | Value |
| 29. | Mariners | $2,800,700 |
Competitive Balance Round A
| Pick | Team | Value |
| 30. | Mariners | $2,732,500 |
| 31. | Rays | $2,670,600 |
| 32. | Mets | $2,607,500 |
| 33. | Brewers | $2,543,800 |
| 34. | Twins | $2,481,400 |
| 35. | Marlins | $2,420,900 |
| 36. | Dodgers | $2,362,700 |
| 37. | Tigers | $2,309,500 |
| 38. | Reds | $2,255,100 |
| 39. | Athletics | $2,202,500 |
Round 2
| Pick | Team | Value |
| 40. | Nationals | $2,144,700 |
| 41. | Athletics | $2,094,900 |
| 42. | Pirates | $2,045,900 |
| 43. | Reds | $1,998,200 |
| 44. | Royals | $1,951,600 |
| 45. | Tigers | $1,906,200 |
| 46. | Rockies | $1,868,400 |
| 47. | Marlins | $1,825,300 |
| 48. | D-backs | $1,783,000 |
| 49. | Twins | $1,741,500 |
| 50. | Red Sox | $1,698,000 |
| 51. | White Sox | $1,659,800 |
| 52. | Giants | $1,620,800 |
| 53. | Orioles | $1,582,900 |
| 54. | Brewers | $1,546,100 |
| 55. | Rays | $1,509,800 |
| 56. | Mets | $1,474,500 |
| 57. | Mariners | $1,436,500 |
| 58. | Guardians | $1,402,600 |
| 59. | Braves | $1,369,300 |
| 60. | Dodgers | $1,336,900 |
| 61. | Astros | $1,304,900 |
Competitive Balance Round B
| Pick | Team | Value |
| 62. | Guardians | $1,273,700 |
| 63. | Orioles | $1,243,300 |
| 64. | D-backs | $1,213,200 |
| 65. | Rockies | $1,184,100 |
| 66. | Royals | $1,158,900 |
| 67. | Pirates | $1,128,200 |
Compensation picks
| Pick | Team | Value |
| 68. | Cubs | $1,101,000 |
| 69. | Giants | $1,074,100 |
| 70. | Braves | $1,047,500 |
Round 3
| Pick | Team | Value |
| 71. | Nationals | $1,021,300 |
| 72. | Athletics | $1,005,700 |
| 73. | Pirates | $990,300 |
| 74. | Reds | $975,100 |
| 75. | Royals | $960,000 |
| 76. | Tigers | $945,100 |
| 77. | Rockies | $930,600 |
| 78. | Marlins | $916,000 |
| 79. | Angels | $901,500 |
| 80. | D-backs | $887,000 |
| 81. | Cubs | $872,400 |
| 82. | Twins | $859,700 |
| 83. | Red Sox | $846,800 |
| 84. | White Sox | $833,900 |
| 85. | Giants | $820,900 |
| 86. | Orioles | $808,200 |
| 87. | Brewers | $796,200 |
| 88. | Rays | $783,800 |
| 89. | Blue Jays | $771,500 |
| 90. | Cardinals | $759,600 |
| 91. | Mets | $747,600 |
| 92. | Mariners | $736,400 |
| 93. | Guardians | $725,300 |
| 94. | Braves | $714,100 |
| 95. | Dodgers | $705,500 |
| 96. | Padres | $698,600 |
| 97. | Yankees | $692,000 |
| 98. | Phillies | $685,100 |
| 99. | Astros | $678,500 |
| 100. | Orioles | $671,800 |
| 101. | Mets | $666,500 |
Round 4
| Pick | Team | Value |
| 102. | Nationals | $660,000 |
| 103. | Athletics | $653,300 |
| 104. | Pirates | $646,900 |
| 105. | Reds | $640,300 |
| 106. | Royals | $634,200 |
| 107. | Tigers | $627,900 |
| 108. | Rangers | $621,700 |
| 109. | Rockies | $615,500 |
| 110. | Marlins | $609,600 |
| 111. | Angels | $603,600 |
| 112. | D-backs | $597,500 |
| 113. | Cubs | $591,800 |
| 114. | Twins | $586,000 |
| 115. | Red Sox | $580,200 |
| 116. | White Sox | $574,600 |
| 117. | Giants | $569,100 |
| 118. | Orioles | $563,600 |
| 119. | Brewers | $557,900 |
| 120. | Rays | $552,500 |
| 121. | Blue Jays | $547,100 |
| 122. | Cardinals | $541,700 |
| 123. | Mets | $536,500 |
| 124. | Mariners | $531,300 |
| 125. | Guardians | $526,200 |
| 126. | Braves | $521,800 |
| 127. | Dodgers | $516,800 |
| 128. | Padres | $511,600 |
| 129. | Yankees | $506,800 |
| 130. | Phillies | $501,600 |
| 131. | Astros | $497,600 |
Compensation picks
| Pick | Team | Value |
| 132. | Red Sox | $492,700 |
| 133. | Red Sox | $487,800 |
| 134. | Mets | $483,000 |
| 135. | Mets | $478,200 |
| 136. | Dodgers | $473,700 |
| 137. | Dodgers | $469,000 |
Round 5
| Pick | Team | Value |
| 138. | Nationals | $464,400 |
| 139. | Athletics | $459,800 |
| 140. | Pirates | $455,600 |
| 141. | Reds | $451,100 |
| 142. | Royals | $446,700 |
| 143. | Tigers | $442,200 |
| 144. | Rangers | $437,900 |
| 145. | Rockies | $433,500 |
| 146. | Marlins | $429,400 |
| 147. | Angels | $425,100 |
| 148. | D-backs | $421,100 |
| 149. | Cubs | $416,900 |
| 150. | Twins | $412,600 |
| 151. | Red Sox | $408,500 |
| 152. | White Sox | $404,700 |
| 153. | Giants | $400,600 |
| 154. | Orioles | $396,700 |
| 155. | Brewers | $392,700 |
| 156. | Rays | $388,900 |
| 157. | Blue Jays | $385,000 |
| 158. | Cardinals | $381,300 |
| 159. | Mets | $378,000 |
| 160. | Mariners | $374,400 |
| 161. | Guardians | $371,000 |
| 162. | Braves | $367,500 |
| 163. | Dodgers | $364,400 |
| 164. | Astros | $360,800 |
Round 6
| Pick | Team | Value |
| 165. | Nationals | $357,500 |
| 166. | Athletics | $354,500 |
| 167. | Pirates | $351,400 |
| 168. | Reds | $348,400 |
| 169. | Royals | $345,500 |
| 170. | Tigers | $342,400 |
| 171. | Rangers | $339,400 |
| 172. | Rockies | $336,700 |
| 173. | Marlins | $333,900 |
| 174. | Angels | $331,000 |
| 175. | D-backs | $328,300 |
| 176. | Cubs | $325,600 |
| 177. | Twins | $322,900 |
| 178. | Red Sox | $320,200 |
| 179. | White Sox | $317,400 |
| 180. | Giants | $314,800 |
| 181. | Orioles | $312,300 |
| 182. | Brewers | $309,900 |
| 183. | Rays | $307,300 |
| 184. | Blue Jays | $304,700 |
| 185. | Cardinals | $302,300 |
| 186. | Mets | $299,800 |
| 187. | Mariners | $297,400 |
| 188. | Guardians | $295,000 |
| 189. | Braves | $292,700 |
| 190. | Dodgers | $290,100 |
| 191. | Padres | $287,700 |
| 192. | Yankees | $285,400 |
| 193. | Phillies | $282,900 |
| 194. | Astros | $280,700 |
Round 7
| Pick | Team | Value |
| 195. | Nationals | $278,400 |
| 196. | Athletics | $276,100 |
| 197. | Pirates | $273,800 |
| 198. | Reds | $271,600 |
| 199. | Royals | $269,200 |
| 200. | Tigers | $267,000 |
| 201. | Rangers | $265,500 |
| 202. | Rockies | $263,200 |
| 203. | Marlins | $261,000 |
| 204. | Angels | $258,900 |
| 205. | D-backs | $256,700 |
| 206. | Cubs | $254,500 |
| 207. | Twins | $252,500 |
| 208. | Red Sox | $250,300 |
| 209. | White Sox | $248,300 |
| 210. | Giants | $246,500 |
| 211. | Orioles | $244,400 |
| 212. | Brewers | $242,400 |
| 213. | Rays | $240,600 |
| 214. | Blue Jays | $238,700 |
| 215. | Cardinals | $236,700 |
| 216. | Mets | $235,000 |
| 217. | Mariners | $232,900 |
| 218. | Guardians | $231,300 |
| 219. | Braves | $229,400 |
| 220. | Dodgers | $228,000 |
| 221. | Padres | $226,100 |
| 222. | Yankees | $224,700 |
| 223. | Phillies | $222,900 |
| 224. | Astros | $221,300 |
Round 8
| Pick | Team | Value |
| 225. | Nationals | $219,700 |
| 226. | Athletics | $218,300 |
| 227. | Pirates | $216,900 |
| 228. | Reds | $215,400 |
| 229. | Royals | $213,500 |
| 230. | Tigers | $212,300 |
| 231. | Rangers | $210,600 |
| 232. | Rockies | $209,400 |
| 233. | Marlins | $207,800 |
| 234. | Angels | $206,500 |
| 235. | D-backs | $204,900 |
| 236. | Cubs | $203,600 |
| 237. | Twins | $202,200 |
| 238. | Red Sox | $201,000 |
| 239. | White Sox | $199,900 |
| 240. | Giants | $198,800 |
| 241. | Orioles | $197,800 |
| 242. | Brewers | $196,700 |
| 243. | Rays | $195,800 |
| 244. | Blue Jays | $194,600 |
| 245. | Cardinals | $193,800 |
| 246. | Mets | $192,900 |
| 247. | Mariners | $191,900 |
| 248. | Guardians | $191,100 |
| 249. | Braves | $190,300 |
| 250. | Dodgers | $189,300 |
| 251. | Padres | $188,800 |
| 252. | Yankees | $188,000 |
| 253. | Phillies | $187,100 |
| 254. | Astros | $186,500 |
Round 9
| Pick | Team | Value |
| 255. | Nationals | $185,800 |
| 256. | Athletics | $185,100 |
| 257. | Pirates | $184,500 |
| 258. | Reds | $183,900 |
| 259. | Royals | $183,200 |
| 260. | Tigers | $182,600 |
| 261. | Rangers | $182,100 |
| 262. | Rockies | $181,600 |
| 263. | Marlins | $180,900 |
| 264. | Angels | $180,300 |
| 265. | D-backs | $180,000 |
| 266. | Cubs | $179,400 |
| 267. | Twins | $179,000 |
| 268. | Red Sox | $178,600 |
| 269. | White Sox | $178,000 |
| 270. | Giants | $177,500 |
| 271. | Orioles | $177,100 |
| 272. | Brewers | $176,700 |
| 273. | Rays | $176,200 |
| 274. | Blue Jays | $175,900 |
| 275. | Cardinals | $175,600 |
| 276. | Mets | $175,100 |
| 277. | Mariners | $174,800 |
| 278. | Guardians | $174,300 |
| 279. | Braves | $173,800 |
| 280. | Dodgers | $173,600 |
| 281. | Padres | $173,400 |
| 282. | Yankees | $173,100 |
| 283. | Phillies | $172,700 |
| 284. | Astros | $172,500 |
Round 10
| Pick | Team | Value |
| 285. | Nationals | $172,100 |
| 286. | Athletics | $171,400 |
| 287. | Pirates | $171,200 |
| 288. | Reds | $170,900 |
| 289. | Royals | $170,600 |
| 290. | Tigers | $170,300 |
| 291. | Rangers | $170,100 |
| 292. | Rockies | $169,900 |
| 293. | Marlins | $169,500 |
| 294. | Angels | $169,000 |
| 295. | D-backs | $168,800 |
| 296. | Cubs | $168,300 |
| 297. | Twins | $168,100 |
| 298. | Red Sox | $167,900 |
| 299. | White Sox | $167,600 |
| 300. | Giants | $167,200 |
| 301. | Orioles | $167,000 |
| 302. | Brewers | $166,800 |
| 303. | Rays | $166,500 |
| 304. | Blue Jays | $166,200 |
| 305. | Cardinals | $165,900 |
| 306. | Mets | $165,800 |
| 307. | Mariners | $165,500 |
| 308. | Guardians | $165,300 |
| 309. | Braves | $164,800 |
| 310. | Dodgers | $164,600 |
| 311. | Padres | $164,400 |
| 312. | Yankees | $164,400 |
| 313. | Phillies | $164,400 |
| 314. | Astros | $164,400 |