SF Giants 2026 MLB draft primer and breakdown of the top-10 rounds

The 2026 MLB draft is finally here. The SF Giants hope to add more talent to a farm system that is heading in the right direction. They hold multiple picks today, including the No. 4 selection.

The lottery was in their favor in the winter, as they landed the No. 4 pick after an 81-win season in 2025. They better make this pick count because they will not be eligible to select within the first 10 picks next season. The one caveat to this is if they do not sign their top pick, but that is rare.

The draft takes place over the next two days. The first four rounds take place today, whereas the remainder of the draft will be completed on Sunday. The first couple of rounds tend to be longer, but the draft picks up pace once the selection time is reduced to one minute per pick.

The Giants have the fourth-highest bonus pool at $17.3 million. They can exceed that amount by five percent without forfeiting future picks. They have flirted with that five-percent threshold, so there is a good chance that they will do it again this time around. The maximum bonus pool they have available to spend is $18.2 million.

The SF Giants hope to collect talent in the first day of the 2026 MLB draft

At a shade under $9 million, the No. 4 pick represents more than half of the allotted bonus pool. That bonus pool is determined by adding up the slot values each team has within the first 10 rounds.

The first round tends to result in a lot of underslot signings. That is just the nature of that round, so signing a player in that round to an underslot bonus is not always an example of an overdraft. Teams will usually use rounds six through 10 to select underslot players, so that they can reallocate the savings to the rest of the draft class. The slot value is a recommended amount, but teams often overdraft players in those rounds to create savings.

For the first time since 2023, the Giants have all of their picks. Plus, they added the No. 29 pick when they shipped Patrick Bailey to the Cleveland Guardians.

Below are the picks the SF Giants hold and their recommended slot values:

Round	Pick	Slot Value
1	No. 4	$8,988,400
1	No. 29	$3,270,200
2	No. 55	$1,763,000
3	No. 90	$887,000
4	No. 118	$658,100
5	No. 150	$481,800
6	No. 179	$370,600
7	No. 208	$292,300
8	No. 238	$234,700
9	No. 268	$208,500
10	No. 298	$196,000
11	No. 328
12	No. 358
13	No. 388
14	No. 418
15	No. 448
16	No. 478
17	No. 508
18	No. 538
19	No. 568
20	No. 598

There are no slot values for picks after the 10th round. Teams can offer a signing bonus of up to $150,000 without it counting against the overall bonus pool. Any amount above that does count. The 11th round tends to be interesting, as teams tend to target high-upside players who have slipped due to signability concerns.

Who will the Giants select in the first round? Pitcher Jackson Flora was often predicted to land with San Francisco earlier in the year, but a pair of prep hitters in Jacob Lombard and Eric Booth Jr. have been speculated about more frequently.

Buster Posey is entering his second draft as the president of baseball operations, and Michael Holmes is entering his eighth year as the scouting director. The Giants targeted one skill with position players, and it would not be surprising to see them continue that trend.

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The SF Giants hope to collect talent in the first day of the 2026 MLB draft

Below are the picks the SF Giants hold and their recommended slot values:

Schedule