Photo detail

In this June 15, 2012, photo provided by the Lowell Spinners, Boston Red Sox draft pick Kyle Kraus stands at the team's stadium in Lowell, Mass. Kraus was taken by the Boston Red Sox with the 241st pick overall, and received a $1,000 signing bonus. Signing bonuses have plunged for many top picks in this year's amateur draft, the first under restrictive rules adopted in baseball's new collective bargaining agreement. Teams face penalties if they exceed specified totals for their bonuses. As a result, some clubs selected players they knew they could sign for close to nothing. (AP Photo/Lowell Spinners, Casey Gariepy)

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Tease photo

Early-round MLB draft picks sign for $1,000 apiece

NEW YORK -- At 5-foot-11, Kyle Kraus didn't expect to be a high pick in the Major League Baseball draft after going 7-6 with a 2.03 ERA as a senior at the University of Portland.

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