Jul 13, 2012, 5:07 PM EDT
Just seconds before today’s 5:00 p.m. eastern time deadline the Nationals and No. 16 overall pick Lucas Giolito agreed to a $2.925 million bonus, according to Jim Callis of Baseball America.
Giolito was in the mix for the No. 1 overall pick before an elbow injury ended his season and questions about the California high school right-hander’s bonus demands likely caused him to drop even further, but the Nationals happily snatched up one of the draft’s highest-upside prospects in the middle of the first round and worked out a deal.
Slot value for the 16th pick was $2.125 million, so drawing things out until the last second earned Giolito an extra $800,000 and by going over their allotted budget the Nationals will have to pay a tax. They will not, however, have to forfeit a draft pick next year, which is something general manager Mike Rizzo insisted all along they were unwilling to do.
- Manny Machado calls $519K salary for 2014 “disappointing” 15
- Kris Medlen leaves game with right forearm strain 18
- Cardinals sign Cuban middle infielder Aledmys Diaz to a four-year major league contract 60
- Cardinals and Matt Carpenter agree to a six-year, $52 million extension 12
- Jet Blue Park is absolutely incredible 59