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.
- The Cubs assign Kris Bryant and Addison Russell to the minors, option Javier Baez as well 54
- 2015 Preview: Arizona Diamondbacks 5
- 2015 Preview: Toronto Blue Jays 65
- Mariners prospect Victor Sanchez has died 24
- 2015 Preview: Chicago White Sox 15
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? 88
- 2015 Preview: Atlanta Braves 15
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” 118
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (122)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (118)
- Mo’ne Davis says college ballplayer who wrote an offensive tweet about her deserves a second chance (89)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (89)
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? (88)