The Indians drafted Tim Lincecum in the 42nd round of the 2005 MLB Draft. Cleveland made him a $700,000 offer, much to the chagrin of Frank Coonelly, who was in charge of the draft's unofficial slotting system for MLB. Coonelly is now president of the Pittsburgh Pirates. The Indians had already gone over slot specifications with a couple of other players and Coonelly was unhappy with the offer. Lincecum said no after asking for $1M and went to the Cape Cod League that summer and pitched well. He returned to college for the 2006 season and was the 10th player taken in the draft. The Giants paid him $2.025 million. The Indians weren't the only team that drafted Lincecum and failed to sign him. The Cubs took him with the 48th pick in 2003.