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The below is an excerpt from a recent year-ahead report written by the Bitcoin Magazine PRO analysts. Download the entire report here.

Bitcoin Magazine PRO sees incredibly strong fundamentals in the Bitcoin network and we are laser-focused on its market dynamic in the context of macroeconomic trends. Bitcoin aims to become the world reserve currency, an investment opportunity that cannot be understated.

In our year-ahead report, we analyzed seven notable factors that we recommend investors pay attention to in the coming months.Convicted Bitcoin Investors

We can put investor conviction into perspective by looking at the number of unique Bitcoin addresses holding at least 0.01, 0.1 and 1 bitcoin. This data shows that bitcoin adoption continues to grow with a growing number of unique addresses holding at least these amounts of bitcoin. While it is entirely possible for individual users to hold their bitcoin in multiple addresses, the growth of unique Bitcoin addresses holding at least 0.01, 0.1 and 1 bitcoin indicate that more users than ever before are buying bitcoin and holding it in self-custody.

Unique bitcoin addresses continues to grow across the board.

Another promising metric is the amount held by long-term holders, which has increased to almost 14 million bitcoin. Long-term holder supply is calculated using a threshold of a 155-day holding period, after which dormant coins become increasingly unlikely to be spent. As of now, 72.49% of the bitcoin in circulation is not likely to be sold at these prices.

Long-term holder supply reached 72.52% of the circulating bitcoin supply.

There is a large subset of bitcoin investors who are accumulating the digital asset no matter the price. In a December 2022 interview on “Going Digital,” Head of Market Research Dylan LeClair said, “You have people all over the world that are acquiring this asset and you have a huge and growing cohort of people that are price-agnostic accumulators.”

With a growing number of unique addresses holding bitcoin and such a significant amount of bitcoin being held by long-term investors, we are optimistic for bitcoin’s advancement and rate of adoption. There are many variables that demonstrate the potential for asymmetric returns as demand for bitcoin increases and adoption increases worldwide.Total Addressable Market

During monetization, a currency goes through three phases in order: store of value, medium of exchange and unit of account. Bitcoin is currently in its store-of-value phase as demonstrated by the long-term holder metrics above. Other assets that are frequently used as stores of value are real estate, gold and equities. Bitcoin is a better store of value for many reasons: it is more liquid, easier to access, transport and secure, easier to audit and more finitely scarce than any other asset with its hard-cap limit of 21 million coins. For bitcoin to acquire a larger share of other global stores of value, these properties need to remain intact and prove themselves in the eyes of investors.

Estimations of global stores of wealth.

As readers can see, bitcoin is a tiny fraction of global wealth. Should bitcoin take even a 1% share from these other stores of value, the market cap would be $5.9 trillion, putting bitcoin at over $300,000 per coin. These are conservative numbers from our viewpoint because we estimate that bitcoin adoption will happen gradually, and then suddenly.Transfer Volume

When looking at the amount of value that was cleared on the Bitcoin network throughout its history, there is a clear upward trend in USD terms with a heightened demand for transferring bitcoin this year. In 2022, there was a change-adjusted transfer volume of over 556 million bitcoin settled on the Bitcoin network, up 102% from 2021. In USD terms, the Bitcoin network settled just shy of $15 trillion in value in 2022. 

Bitcoin transfer volume was higher than ever in USD terms.

Bitcoin’s censorship resistance is an extremely valuable feature as the world enters into a period of deglobalization. With a market capitalization of only $324 billion, we believe bitcoin is severely undervalued. Despite the drop in price, the Bitcoin network transferred more value in USD terms than ever before.Rare Opportunity In Bitcoin’s Price

By looking at certain metrics, we can analyze the unique opportunity investors have to purchase bitcoin at these prices. The bitcoin realized market cap is down 18.8% from all-time highs, which is the second-largest drawdown in its history. While the macroeconomic factors are something to keep in mind, we believe that this is a rare buying opportunity.

The realized cap drawdown in 2022 was the second largest in bitcoin's history.

Relative to its history, bitcoin is at the phase of the cycle where it’s about as cheap as it gets. Its current market exchange rate is approximately 20% lower than its average cost basis on-chain, which has only happened at or near the local bottom of bitcoin market cycles.

Current prices of bitcoin are in rare territory for investors looking to get in at a low exchange rate. Historically, purchasing bitcoin during these times has brought tremendous returns in the long term. With that said, readers should consider the reality that 2023 likely brings about bitcoin’s first experience with a prolonged economic recession.Macroeconomic Environment

As we move into 2023, it’s necessary to recognize the state of the geopolitical landscape because macro is the driving force behind economic growth. People around the world are experiencing a monetary policy lag effect from last year’s central bank decisions. The U.S. and EU are in recessionary territory, China is proceeding to de-dollarize and the Bank of Japan raised its target rate for yield curve control. All of these have a large influence on capital markets.

Nothing in financial markets occurs in a vacuum. Bitcoin’s ascent through 2020 and 2021 — while similar to previous crypto-native market cycles — was very much tied to the explosion of liquidity sloshing around the financial system after COVID. While 2020 and 2021 was characterized by the insertion of additional liquidity, 2022 has been characterized by the removal of liquidity.

Interestingly enough, when denominating bitcoin against U.S. Treasury bonds (which we believe to be bitcoin’s largest theoretical competitor for monetary value over the long term), comparing the drawdown during 2022 was rather benign compared to drawdowns in bitcoin’s history. 

As we wrote in “The Everything Bubble: Markets At A Crossroads,” “Despite the recent bounce in stocks and bonds, we aren’t convinced that we have seen the worst of the deflationary pressures from the global liquidity cycle.”

In “The Bank of Japan Blinks And Markets Tremble,” we noted, “As we continue to refer to the sovereign debt bubble, readers should understand what this dramatic upward repricing in global yields means for asset prices. As bond yields remain at elevated levels far above recent years, asset valuations based on discounted cash flows fall.” Bitcoin does not rely on cash flows, but it will certainly be impacted by this repricing of global yields. We believe we are currently at the third bullet point of the following playing out:

Source: Dylan LeClairBitcoin Mining And Infrastructure

While the multitude of negative industry and worrying macroeconomic factors have had a major dampening on bitcoin’s price, looking at the metrics of the Bitcoin network itself tell another story. The hash rate and mining difficulty gives a glimpse into how many ASICs are dedicating hashing power to the network and how competitive it is to mine bitcoin. These numbers move in tandem and both have almost exclusively gone up in 2022, despite the significant drop in price.

Bitcoin mining difficulty continues to rise.

Bitcoin hash rate continues to rise.

By deploying more machines and investing in expanded infrastructure, bitcoin miners demonstrate that they are more bullish than ever. The last time the bitcoin price was in a similar range in 2017, the network hash rate was one-fifth of current levels. This means that there has been a fivefold increase in bitcoin mining machines being plugged in and efficiency upgrades to the machines themselves, not to mention the major investments in facilities and data centers to house the equipment.

Because the hash rate increased while the bitcoin price decreased, miner revenue took a beating this year after a euphoric rise in 2021. Public miner stock valuations followed the same path with valuations falling even more than the bitcoin price, all while the Bitcoin network’s hash rate continued to rise. In the “State Of The Mining Industry: Survival Of The Fittest,” we looked at the total market capitalization of public miners which fell by over 90% since January 2021.

The market cap of all public mining equities has dropped by 9

We expect more of these companies to face challenging conditions because of the skyrocketing global energy prices and interest rates mentioned above.Increasing Scarcity

One way to analyze bitcoin’s scarcity is by looking at the illiquid supply of coins. Liquidity is quantified as the extent to which an entity spends their bitcoin. Someone that never sells has a liquidity value of 0 whereas someone who buys and sells bitcoin all the time has a value of 1. With this quantification, circulating supply can be broken down into three categories: highly liquid, liquid and illiquid supply.

Illiquid supply is defined as entities that hold over 75% of the bitcoin they deposit to an address. Highly liquid supply is defined as entities that hold less than 25%. Liquid supply is between the two. This illiquid supply quantification and analysis was developed by Rafael Schultze-Kraft, co-founder and CTO of Glassnode.

Bitcoin's illiquid supply continues to grow.

2022 was the year of getting bitcoin off exchanges. Every recent major panic became a catalyst for more individuals and institutions to move coins into their own custody, find custody solutions outside of exchanges or sell off their bitcoin entirely. When centralized institutions and counterparty risks are flashing red, people rush for the exit. We can see some of this behavior through bitcoin outflows from exchanges.

In 2022, 572,118 bitcoin worth $9.6 billion left exchanges, marking it the largest annual outflow of bitcoin in BTC terms in history. In USD terms, it was second only to 2020, which was driven by the March 2020 COVID crash. 11.68% of bitcoin supply is now estimated to be on exchanges, down from 16.88% back in 2019. 

Exchanges saw a massive decrease in the bitcoin balances on their platforms.

Bitcoin balance on exchanges decreased in 2022.

These metrics of an increasingly illiquid supply paired with historic amounts of bitcoin being withdrawn from exchanges — ostensibly being removed from the market — paint a different picture than what we’re seeing with the factors outside of the Bitcoin network’s purview. While there are unanswered questions from a macroeconomic perspective, bitcoin miners continue to invest in equipment and on-chain data shows that bitcoin holders aren’t planning to relinquish their bitcoin anytime soon.Conclusion

The varying factors detailed above give a picture for why we are long-term bullish on the bitcoin price going into 2023. The Bitcoin network continues to add another block approximately every 10 minutes, more miners keep investing in infrastructure by plugging in machines and long-term holders are unwavering in their conviction, as shown by on-chain data.

With bitcoin’s ever-increasing scarcity, the supply side of this equation is fixed, while demand is likely to increase. Bitcoin investors can get ahead of the demand curve by averaging in while the price is low. It’s important for investors to take the time to learn how Bitcoin works to fully understand what it is they are investing in. Bitcoin is the first digitally native and finitely scarce bearer asset. We recommend readers learn about self-custody and withdraw their bitcoin from exchanges. Despite the negative news cycle and drop in bitcoin price, our bullish conviction for bitcoin’s long-term value proposition remains unfazed.

For the full report, follow this link to subscribe to Bitcoin Magazine PRO.

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2025 MLB mock draft 2.0: Who is surging up draft boards?

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2025 MLB mock draft 2.0: Who is surging up draft boards?

With the combine underway and only a few more games in Omaha remaining, MLB draft season is winding down — so it’s time to take another stab at projecting the first round-plus of the 2025 draft.

The start of the MLB draft combine has become a sign that we’re about to enter silly season, when rumors become less attached to reality by the day. Private on-field workouts for players mentioned below are over, so there won’t be much more useful information collected — and that means the rumors are tied to controlling perception more than reflecting a new reality.

The biggest trend to note compared with the previous mock is the half-dozen or so rising college position players, which also corresponds to rumblings that the second cut of high school position players might slip a bit, often for overslot bonuses.

My “speculative” projection in the last mock was Arkansas right-hander Gage Wood at No. 17 — I thought he could be this year’s Cade Horton or Ty Floyd, rising late through the college postseason. Well, Wood threw a no-hitter earlier this week in the Men’s College World Series and now looks to have a floor somewhere in the range I initially projected him in — which was high at the time.

Now let’s predict the first 40 players to come off the board when this year’s MLB draft starts Sunday, July 13.


Kade Anderson, LHP, LSU
Top 150 rank: 7

The conversation around who will go No. 1 continues to be wide open and will be until draft day, but Anderson’s strong finish to the season has him looking like the slight favorite over Ethan Holliday as the top pick. Seth Hernandez and Eli Willits are also getting looks here, and I’m sure there are internal conversations about a couple of other options, but Anderson and Holliday are seen as the most likely selections.


Liam Doyle, LHP, Tennessee
Top 150 rank: 6

Name a player and he probably has been connected to this pick. Trying to figure out what’s actually going on here has been like watching “Tinker Tailor Soldier Spy” — there are more outgoing calls, workouts, rumors, misinformation and theories about the second pick than any other in the entire first round.

When in doubt, judge a team based on what it has done, and the Angels like to save on a quick-moving college player with their first pick. Despite his excellent season, Doyle’s interest seems to have a major hole in it. While there’s believed to be real interest in him at No. 2, teams picking behind the Angels think Doyle could slide all the way to No. 9 of No. 10. Doyle and Seth Hernandez have a similar group of teams eyeing them, as they’re both seen as a riskier type of pitcher (though not in the same way) than Anderson or Jamie Arnold.

There’s some buzz that prep shortstop Eli Willits could be the pick here (his father, Reggie, played for the Angels), breaking the Angels’ trend of taking college players, but I’ll believe that when I see it. Outside of the targets in the top 10 or so picks, the Angels seem to really like Georgia prep shortstop Daniel Pierce, but it’s unlikely he drops to their next pick at 47. At the Angels’ next few picks, potential quick-moving college arms such as Georgia’s Brian Curley, Tennessee’s A.J. Russell and Iowa’s Cade Obermueller make a lot of sense.


Jamie Arnold, LHP, Florida State
Top 150 rank: 1

The Mariners seem to be zeroed in on pitching with Anderson and Arnold being the best fits for them, along with high school pitcher Seth Hernandez if they can stomach taking a prep right-hander this high. In this scenario, I think they just take Arnold. Oregon State shortstop Aiva Arquette is still being scouted for this pick and I’ve heard Ike Irish and JoJo Parker brought up, but they seem to be on the outside looking in right now.


Ethan Holliday, 3B, Stillwater HS (Oklahoma)
Top 150 rank: 3

This is one of the most well-known connections in the draft, and Holliday is likely to go fourth if he doesn’t go first. I’d guess this would be for an overslot bonus, similar to what Colorado did with Charlie Condon last year. Colorado is also tied to Aiva Arquette and Kyson Witherspoon, though I think it’d also be looking at whichever of the three college lefties remain if Holliday isn’t available.


JoJo Parker, SS, Purvis HS (Mississippi)
Top 150 rank: 9

This is right about where the consensus starts to open up. Names such as Ike Irish, Eli Willits, Parker and Billy Carlson come up here, and this is seen as a stopping point for Holliday, Anderson and Arnold if they get this far. Wake Forest shortstop Marek Houston’s name has also come up. If Anderson, Arnold and Holliday are gone, this pick is seen as likely to be a position player — probably the one the Cards think has the best hit tool of the group. Parker would most likely come with some (but not a lot of) savings if he went here and, of late, he has momentum to sneak ahead of Carlson and/or Willits. Some teams think Parker is actually the best hitter in the draft.


Aiva Arquette, SS, Oregon State
Top 150 rank: 8

The two players most tied to this spot are Arquette and Billy Carlson. I’ve also heard the Pirates would take prep righty Seth Hernandez if the board falls a certain way. There are some parallels to Hernandez in other picks this front office has made, such as Jared Jones and Bubba Chandler, so it makes some sense.


Eli Willits, SS, Fort Cobb-Broxton HS (Oklahoma)
Top 150 rank: 2

Willits has some interest at the top two picks, and then is in the mix for basically every pick starting at No. 5 with the Cardinals — so he should go by this pick or the next (Toronto). Miami is tied almost solely to prep position players –Willits, Parker and Billy Carlson come up a lot. There have also been some rumors of another underslot deal like last year’s pick of P.J. Morlando, with targets like some of the prep hitters who are projected a dozen picks or so later, if Miami doesn’t like the names/prices of the players on the board.


Ike Irish, C/OF, Auburn
Top 150 rank: 26

Irish will be ranked higher once I update my rankings, and his name is coming up a lot in the back half of the top 10 and into the teens. There’s lots of buzz he will go ahead of Jace LaViolette — and not that far behind Arquette, if not ahead of him. College bats are rumored to be rising late in the process this year (including Brendan Summerhill, Gavin Kilen, Wehiwa Aloy, Marek Houston, Caden Bodine and Andrew Fischer), and moving a high school player who’s a late-first-round talent to a later pick is a common and often successful strategy. Toronto is often tied to the same prep bats as Miami and St. Louis, but the Blue Jays are believed to be going the college route if the right names with the right prices don’t land here. Irish, Arquette, Willits, Parker and Billy Carlson seem to make up the group from which they’ll probably pick.


Seth Hernandez, RHP, Corona HS (California)
Top 150 rank: 4

Hernandez, as mentioned above, is seen as likely to go either No. 3 to the Mariners or here — with some chance he goes at a couple of other slots, but half the teams in the top 10 seem unlikely to take a prep right-hander. The Reds are hoping he gets here and have no fear of taking this kind of player. If Hernandez isn’t available, they are tied to toolsy types, mostly high schoolers: Steele Hall, Jace LaViolette and Billy Carlson come up the most. This is about where Josh Hammond’s range begins, but he could also go in the 20s.


Billy Carlson, SS, Corona HS (California)
Top 150 rank: 5

The White Sox are casting a wide net because of where they pick. I think Doyle — and probably Carlson and Parker, too — stops here if he happens to slide this far, while Steele Hall is also in the mix. The top tier of talent in the eyes of most evaluators is at least eight players and maybe as many as a dozen, so Chicago will have to be reactive to who is left over. But the White Sox probably will get one of the players they target from that tier.


Brendan Summerhill, CF, Arizona
Top 150 rank: 27

This is about where the top college righties — Kyson Witherspoon and Omaha hero Gage Wood — come into the mix. This is also where that second cut of college position players, with Arquette and Irish gone in this scenario, start to come into consideration depending on what a team prefers: shortstops Wehiwa Aloy, Gavin Kilen and Marek Houston and outfielders Summerhill and Jace LaViolette. The A’s have been tied to Summerhill all spring, and he probably goes in this range and fits the type of player they’ve taken in the past. He’ll also move up in my rankings in the next update.


Steele Hall, SS, Hewitt-Trussville HS (Alabama)
Top 150 rank: 11

Texas is right in the middle of Hall’s range and I think his most likely landing spot. The Rangers are probably straddling the line between picking up a top-tier player who might get to this spot and leading off the next tier of players, which will lean more toward prep prospects and upside. I think Hall is the last position player in that top tier. Texas is also one of the teams most in on New York prep catcher Michael Oliveto, who has interest as high as the comp round and could be the team’s second-round pick.


Kyson Witherspoon, RHP, Oklahoma
Top 150 rank: 10

Witherspoon has some landing spots in the top 10, but Arkansas’ Gage Wood is closing in on him as the top college righty. I think both will land just outside of the top 10. The Giants have been tied to many of the aforementioned second cut of college players, with Wehiwa Aloy and Marek Houston also coming up a lot, and Irish quite similar to recently traded former first-rounder James Tibbs.


Gavin Kilen, SS, Tennessee
Top 150 rank: 24

The Rays are tied to the top prep position players, as usual, with Hall, Jaden Fauske, Sean Gamble, Dean Moss and Josh Hammond mentioned the most — though there are also some college players tied to this pick, with Kilen leading the pack. The Rays pick again at Nos. 37 and 42, and there’s a chance most of those prep players will still be around for an overslot bonus, so grabbing a rising college bat who should go by the 20th pick is a good strategy.


Gavin Fien, 3B, Great Oak HS (California)
Top 150 rank: 13

I’m a big believer in Fien, and he fits around here or in the next half-dozen picks or so. The Red Sox were also heavy on Kilen out of high school, or I could see them being swayed by Gage Wood’s outstanding close to the college season.


Gage Wood, RHP, Arkansas
Top 150 rank: 21

I was high on Wood’s upside early on, having him go to the Cubs at the next pick in the last mock I did. After his historic MCWS performance, I think the consensus is he belongs in this general area, maybe as high as Nos. 12 or 13, but probably gone by 20 or 24. Wood, for the right team, could be rushed to the upper level of the minors for a potential big league look in relief as a way to limit his innings but also develop his pitchability against better hitters. Minnesota is mostly tied to college players here, and that’s who should be going in this range, though they’re also in on prep third baseman Xavier Neyens.


Wehiwa Aloy, SS, Arkansas
Top 150 rank: 14

Aloy could go a half-dozen picks higher or even a bit lower than this, as the college bats in this tier are seemingly in a different order for every team. Wood still makes sense here, too, especially as a potential quick mover, along with other power bats such as Jace LaViolette, Xavier Neyens, Andrew Fischer, Josh Hammond and Tate Southisene.


Marek Houston, SS, Wake Forest
Top 150 rank: 15

The Diamondbacks tend to look for contact-oriented types who fit at up-the-middle positions with their high picks. College players Caden Bodine, Houston and Kilen, as well as high schoolers Slater de Brun, Daniel Pierce and Kayson Cunningham all fit here and at their next pick, No. 29.


Jace LaViolette, CF, Texas A&M
Top 150 rank: 9

Many think LaViolette’s slide would end here given Baltimore’s history of taking power-and-patience types with some defensive value. Xavier Neyens is also commonly connected to the Orioles here, among other position players being named at the picks in this range. But a number of those high school players could get floated to Baltimore’s next picks at 30 and 31.


Caden Bodine, C, Coastal Carolina
Top 150 rank: 35

Bodine’s range starts in the middle of the round with numbers-oriented teams being on him most due to his contact rates and framing prowess, both attributes that Milwaukee emphasizes. Lots of contact-oriented bats are tied here, such as Kilen, Houston, Slater de Brun and Daniel Pierce. I could also see this being a possible floor for Wood.


Xavier Neyens, 3B, Mount Vernon HS (Washington)
Top 150 rank: 19

Houston has been tied to a number of the standout athletic testers in the prep class such as Neyens, Tate Southisene, Josh Hammond and Sean Gamble. I could also see this being a floor for power-oriented college bats such as LaViolette and Aloy, with some overlap between the Astros’ targets and which player the Orioles take at No. 19.


Tyler Bremner, RHP, UC Santa Barbara
Top 150 rank: 28

Bremner has been a bit disappointing this season but has now fallen enough that he’s a strong value for a team to get in the 20s with a number of landing spots throughout the comp round. I think this Braves pick will be a nice landing spot for college talent with Houston, Wood and Bodine also mentioned here.


Josh Hammond, 3B, Wesleyan Christian HS (North Carolina)
Top 150 rank: 18

Hammond has a number of potential landing spots starting around No. 10 and ending somewhere in the mid-20s. Given Hammond’s two-way exploits, there are parallels here with Austin Riley, a player Royals scouting director Brian Bridges drafted while with Atlanta. I’d expect prep pitching and/or a prep shortstop (lots of names are mentioned, especially given Kansas City’s history) at their next few picks.


Andrew Fischer, 3B, Tennessee
Top 150 rank: 53

Fischer is rising due to his strong performance in the SEC this year, and while he’s likely still behind Irish, he might be sneaking up on LaViolette with a chance to go in the top 20 picks. I think Detroit is looking to pair a college player with a high school player between this pick and its next (34) and will be looking mostly at left-handed hitters. As you can guess, that means a lot of different players have been tied to these two picks. Slater de Brun, Cam Cannarella, Jaden Fauske and Kayson Cunningham come up the most.


Slater de Brun, CF, Summit HS (Oregon)
Top 150 rank: 16

De Brun is believed to be in play for Arizona at No. 18 but otherwise probably lands somewhere in the 20s. The Padres are tied to a number of high school players here — Dax Kilby, Quentin Young, Kruz Schoolcraft and Matthew Fisher, among others — but also seem to be in on some college players such as Ethan Conrad and Bremner. I’d predict they go with a high schooler, especially given their history.


Sean Gamble, 2B, IMG Academy (Florida)
Top 150 rank: 23

The Phillies are considering some high school players with upside, as you’d expect, and if the board plays out this way, Gamble, Daniel Pierce or Kayson Cunningham all fit. There’s a good shot they would look to pair this pick with a prep arm at their next pick.


Tate Southisene, SS, Basic HS (Nevada)
Top 150 rank: 22

I think the Guardians will be in on what’s left of the upside prep position player crop along with being opportunistic if a college player such as Fischer, Wood, Bodine or Bremner falls this far.


Prospect promotion incentive picks

28. Kansas City Royals: Daniel Pierce, SS, Mill Creek HS (Georgia)


Compensation picks

29. Arizona Diamondbacks: Kayson Cunningham, SS, Johnson HS (Texas)
30. Baltimore Orioles: Cam Cannarella, CF, Clemson
31. Baltimore Orioles: Dax Kilby, SS, Newnan HS (Georgia)
32. Milwaukee Brewers: Jaden Fauske, OF, Nazareth Academy HS (Illinois)


Competitive balance picks

33. Boston Red Sox: Luke Stevenson, C, North Carolina
34. Detroit Tigers: Aaron Watson, RHP, Trinity Christian HS (Florida)
35. Seattle Mariners: Ethan Conrad, RF, Wake Forest
36. Minnesota Twins: Charles Davalan, LF, Arkansas
37. Tampa Bay Rays: Anthony Eyanson, RHP, LSU

These three teams had their first-round picks moved down 10 slots due to exceeding the second surcharge threshold of the competitive balance tax. We’ll include them so all 30 teams have a projected pick.

Devin Taylor, LF, Indiana
Top 150 rank: 57

Taylor has a lot of interest in the comp round and doesn’t have an enormous upside, but he could be quick moving with 55-grade hit and power grades.


J.B. Middleton, RHP, Southern Miss
Top 150 rank: 50

Middleton has a lot of interest from a late-first-round to an early-second-round pick as a power arm with starter feel and gaudy numbers this spring. He’s similar as a prospect to two top picks in last year’s draft, college righties Ben Hess and Bryce Cunningham.


Quentin Young, SS, Oaks Christian HS (CA)
Top 150 rank: 101

Young, nephew of Dmitri and Delmon Young, is tied to the Dodgers and Padres and has lots of late momentum despite his high whiff rates in the spring and last summer. That’s due to his gargantuan upside as a 6-foot-6 infielder with plus-plus raw power that might be 80-grade one day; he’ll be moving up in the update of my top 150 rankings. The Dodgers also have the 41st pick, and while I have them tied to a number of arms, I landed on Louisville’s Patrick Forbes.

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Singer defied Dodgers, belted anthem in Spanish

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Singer defied Dodgers, belted anthem in Spanish

Latin singer Nezza said that she is “super proud” of performing the national anthem in Spanish at Dodger Stadium on Saturday night and that she has “no regrets.”

Her surprising 90-second rendition of “The Star-Spangled Banner” before the Los Angeles Dodgers‘ game against the Giants — and a behind-the-scenes video she shared on social media of team representatives discouraging it beforehand — quickly went viral. It has become a flashpoint for Dodgers fans frustrated by the team’s lack of vocal support for immigrant communities impacted by the deportation raids across the U.S., including numerous neighborhoods in and around Los Angeles.

“This is my moment to show everyone that I am with them, that we have a voice and with everything that’s happening it’s not OK,” Nezza, 30, told The Associated Press. “I’m super proud that I did it. No regrets.”

Nezza said she hadn’t yet decided whether to sing in English or Spanish until she walked out onto the field and saw the stands filled with Latino families in Dodger Blue. Before that, as shown in the singer’s TikTok video, a Dodgers employee had told Nezza, “We are going to do the song in English today, so I’m not sure if that wasn’t transferred or if that wasn’t relayed.”

The Spanish-language version Nezza sang, “El Pendón Estrellado,” is the official translation of the national anthem and was commissioned in 1945 by President Franklin D. Roosevelt from Peruvian American composer Clotilde Arias.

Nezza says her manager immediately received a call from an unidentified Dodgers employee saying their clients were not welcome at the stadium again, but the team denied that in a statement to the AP.

“There were no consequences or hard feelings from the Dodgers regarding her performance,” the Dodgers said in the statement. “She was not asked to leave. We would be happy to have her back.”

Despite the Dodgers’ statement, Nezza said she does not think she will return to the stadium but said she hopes her performance will inspire others to use their voice and speak out.

“It’s just shown me, like, how much power there is in the Latin community,” Nezza said. “We’ve got to be the voice right now.”

The Dodgers have not gone on the record regarding the arrests and raids made by U.S. Immigration and Customs Enforcement agents in the areas just a short drive from Dodger Stadium, but player Enrique Hernández posted about it on Instagram over the weekend.

“I am saddened and infuriated by what’s happening in our country and our city,” Hernández posted in English and Spanish. “I cannot stand to see our community being violated, profiled, abused and ripped apart. ALL people deserve to be treated with respect, dignity and human rights.”

The Associated Press contributed to this report.

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Rays in talks to sell team to Florida developer

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Rays in talks to sell team to Florida developer

Tampa Bay Rays principal owner Stu Sternberg is in “advanced talks” to sell the franchise to a group led by a Florida-based residential developer.

Patrick Zalupski, a home builder in Jacksonville, has been identified as the potential lead buyer in a deal that values the team at about $1.7 billion. He already has executed a letter of intent to purchase the team, per Sportico, which first reported the talks.

Sternberg bought the Rays in 2004 for $200 million.

The team acknowledged the discussions in a statement, saying “The Tampa Bay Rays announced that the team has recently commenced exclusive discussions with a group led by Patrick Zalupski, Bill Cosgrove, Ken Babby and prominent Tampa Bay investors concerning a possible sale of the team. Neither the Rays nor the group will have further comment during the discussions.”

A year ago, Sternberg had a deal in place to build a new stadium in the Historic Gas Plant District, a reimagined recreational, retail and residential district in St. Petersburg, to replace Tropicana Field. However, after Hurricane Milton shredded the roof of the stadium last October, forcing the Rays into temporary quarters, Sternberg’s commitment has been less than resolute, saying the team would have to bear excess costs that were not in the budget.

In March, MLB commissioner Rob Manfred and some other owners began to privately push Sternberg to sell the franchise, The Athletic reported.

Zalupski is the president and CEO of Dream Finders Homes, founded in December 2008. He also is a member of the board of trustees at the University of Florida.

It is unclear what Zalupski’s group, if it ultimately goes through with the purchase and is approved by MLB owners, would do for a permanent stadium.

The Rays are currently playing at George M. Steinbrenner Field in Tampa, located at the site of the New York Yankees‘ spring training facility and home of their Single-A Tampa Tarpons.

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