WASHINGTON -- Major League Baseball announced the selection order for the 2012 First-Year Player Draft on Tuesday, which will take place June 4-6. The Astros will have the No. 1 overall pick, No. 41 (compensation for Clint Barmes signing with Pittsburgh) and No. 61, which is the first pick of the second round.
Astros general manager Jeff Luhnow said the Astros have already set aside enough money to pay the signing bonuses for their Draft picks.
"We have a feeling of what it is going to take, and it's fully funded," he said. "We're in a pretty good spot."
Some of the names being mentioned as potential top picks are such college pitchers as Stanford's Mark Appel, LSU's Kevin Gausman, the University of San Francisco's Kyle Zimmer and Texas A&M's Michael Wacha; Florida catcher Mike Zunino; and Georgia high school outfielder Byron Buxton.
Per the new Collective Bargaining Agreement, each club is assigned an aggregate signing-bonus pool of money used to sign players picked in the first 10 rounds. The Astros have the second-highest pool behind the Twins, who pick No. 2 overall and have two supplemental first-round picks.
Any team that spends beyond the pool for the first 10 rounds will face stiff penalties, from heavy fines to the loss of future Draft picks.
"We don't know how the signability is going to work, but we hope [players] sign recognizing they're going to have a chance to sign for more down the line, which was a problem in the past," Luhnow said.
The Draft will have 40 rounds this year instead of 50.