Why did No. 9 pick Karsten Whitson turn down $2.1 million from the Padres?
Kendall Rogers of Yahoo! Sports has an interesting article about Karsten Whitson, a right-handed pitcher who was the ninth overall pick in June’s draft and turned down a $2.1 million offer to sign with the Padres in order to attend the University of Florida.
The short version is that Whitson questioned whether he was truly ready to be a professional baseball player and also wanted the college experience at Florida. The long version is much more complicated than that and definitely worth reading.
From a financial standpoint I think it’s tough to argue that Whitson didn’t make a mistake. His odds of getting more than $2.1 million when eligible to be drafted again in 2013 are significantly lower than his odds of getting less than $2.1 million, and in the meantime there’s always the risk of serious injury or poor performance that could leave him with relatively little.
From a personal standpoint it’s a lot tougher to pass judgment, particularly since--based on what he told Rogers, at least--Whitson seems very pleased with his decisions so far.