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That's a really good point you make about the steep decline in the bonus slot values. I wonder how teams feel about that and if those values will be tweaked in the next CBA. On the one hand, I'm sure scouting directors would love to have more money to spend. On the other hand, if more money is made available to everyone, that's just more money going to amateur players, which MLB would clearly like to avoid.
Personally, I'm in favor of abolishing the draft altogether, but keeping some sort of system that mimics the current bonus slot allocations. So, the worst team from the previous year would still have the most money to spend and the world series champion would have the most. Basically, doing the same thing domestically that we do for amateur IFA's.