Jul 13, 2012, 5:07 PM EST
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.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 303
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (303)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)