Joe Posnanski of SI.com wrote an interesting piece about why the MLB draft doesn’t work as a popular television event.

1. The vast majority of players drafted will never get close to the big leagues. Take the 1994 draft … 15 years ago. There were 287 players taken in the first 10 rounds, and 190 of them — two thirds — did not get a single at-bat or throw a single pitch in the big leagues.

2. Even the players who DO make it will not make it for years. If the NFL Draft is, as the cliché goes, like getting presents on Christmas morning, well, the baseball draft is like getting a savings bond from your grandmother that will mature when you turn 18.

I love the analogy Posnanski used in his second point.

Yesterday I DVR’d the MLB draft and was actually looking forward to watching it. The MLB Network had hyped the event up for a couple of weeks and being a Giants fan, I was excited to see who’d they take at pick No. 6.

But once Bud Selig (who was awful, by the way) read Zack Wheeler’s name at pick six, I realized that I could care less about the rest of the first round. Unless you’ve lived under a rock the past couple weeks, you knew that the Nationals were going to take San Diego State pitcher Stephen Strasburg with the top pick and there was a good chance the Mariners would select North Carolina’s Dustin Ackley (arguably the best position player in the draft) at No. 2. So outside of hearing whom your favorite team picked, there wasn’t much excitement to the draft.

Posnanski is right – the MLB draft as a televised event doesn’t work. I applaud MLB for trying to make the event even a smidgen as popular as the NFL draft, but there just isn’t enough quality substance in the end. As Posnanski points out, most (and that’s not an exaggeration) of the players drafted in the first couple of rounds will never see the big leagues and even if they do, as a fan you have to wait three to four years before that happens. By that time, most casual fans have forgotten where those players came from.

Again, I think it’s great that baseball has embraced the idea of making the draft more of an event. But the reality is that I would rather watch the entire third round of the NFL draft than just one pick in the first round of the MLB draft. And I think others feel the same way.