MLB Draft 2012: Rays Have Just $3.9 Million To Spend; Marlins Have Slightly Fewer Financial Restrictions

The new MLB collective bargaining agreement rules are in place, limiting what teams can spend on players in the MLB Draft. The 2012 MLB Draft gets underway on June 4, and the two Florida-based teams are in much different situations. The Miami Marlins have much more money to spend than the Tampa Bay Rays, but they also pick much earlier in the draft. A limited spending cap shouldn't be a problem for the Rays, who draft No. 25 overall, but money will still be a serious consideration when they make their picks.

Per Baseball America, the Marlins have $4.9 million to spend on their picks in the first 10 rounds of the draft. They pick No. 9 overall in the first round, but do not have any compensatory picks and only pick once in the top 60. The Rays, who have $3.9 million to spend on their picks in the first 10 rounds, also do not have any compensatory picks.

For more on the Marlins, head over to Fish Stripes. For more on the Rays, check out DRaysBay. For more on all of baseball and the 2012 MLB Draft, head over to Baseball Nation.