Incorrect. They were hedging against one of their top picks not signing for some reason. Corey Ray suffers a career-ending injury next week? Here's your payday, Jared Horn. The smattering of successful players drafted 20+ does not make hedging a bad strategy. It's very smart business. And like I said, they had 20 other 20+ round picks this year to get the next Trevor Rosenthal, or whomever. What they are hedging against is if Corey Ray were to have a major issue. So major he would be willing to take a deal underslot of at least $3mil to give Horn what he wants(is that what someone mentioned he wanted?). I guess a Dylan Covey type scenario could put that into play. A career ending injury would be bad because Corey Ray wouldn't sign at all. Which last time I checked meant we would lose the bonus pool money allocated to that draft slot. Which would then make signing Horn impossible. Mpst teams do it at some point in the draft, though using the 20th round pick seems a bit higher than I'd expect a team to draft a guy asking for that much money. At the end of the day hopefully that scenario making such a signing possible won't happen seeing it would mean bad news for Corey Ray. And even if someone in the top 10 were to underslot in a major way, I didn't think the Brewers could use it on the 11+ rounds anyway. And to add to the 20+ crowd, you have Mike Fiers and of course the greatest 40+ draft pick of all time: Mike PIazza. Certainly, we are talking long shot lottery picks, but I don't understand why they use them this way either. Last year they had 3-4 late picks that they had no (or little) chance of signing.