Jun 15, 2013, 2:36 PM EDT
UPDATE: Jeff Passan of Yahoo! Sports is reporting that Appel “just needs to put pen to paper,” so it appears that just some formalities stand in the way of a deal. Brian McTaggart of MLB.com also senses that a deal is close and writes that the Astros “wouldn’t have drafted Appel if they didn’t feel they could get a deal done quickly.”
2:36 PM: OK, maybe it’s not done yet. Contrary to Heyman’s report, Astros general manager Jeff Luhnow tells Brian Smith of the Houston Chronicle that “nothing’s changed” in negotiations with Appel. He expects talks to pick up next week.
2:28 PM: We heard yesterday that the Astros were nearing an agreement with No. 1 overall pick Mark Appel, but the deal is now done.
Exact terms of the deal aren’t yet known, but CBS Sports’ Jon Heyman writes that it will “probably” be between $6 million-$6.5 million. Either way, that figures falls well short of the $7.79 million recommended slot value for the No. 1 pick. It’s a nice deal for the Astros, who can now use that savings to apply to their other draft picks.
Of course, the Astros passed on the chance to draft Appel last year, as he eventually fell to the Pirates at No. 8 overall. The Scott Boras client then turned down $3.8 million to return to Stanford for his senior season. The gamble paid off, as he worked his way back to the top of the draft board. While it’s a bit surprising to see a resolution this quickly, he didn’t have the alternative of returning to school this time around. It’s also worth noting that he’s a Houston native, so playing hardball with his hometown team may not have been high on his list of priorities.
Appel, 21, is armed with a mid-90s fastball to go along with a slider and a changeup. He’s expected to move quickly, and could make an impact with the Astros at some point in 2014.
- Video: Joey Butler breaks up Carlos Carrasco’s no-hitter with two outs in the ninth inning 0
- Bill Stoneman taking over as Angels’ interim GM 8
- Jerry Dipoto loses power struggle with Mike Scioscia, steps down as Angels general manager 31
- Bobby Bonilla’s isn’t the only deferred money deal in the game. And isn’t even the worst. 48
- What Yasiel Puig being a pain in the butt means. And what it doesn’t mean. 71
- Report: Jerry Dipoto “definitely out” as Angels GM 75
- And That Happened: Tuesday’s scores and highlights 46
- Rangers activate Josh Hamilton from disabled list, send prospect Joey Gallo to Triple-A 12
- With the same-sex marriage decision, the San Francisco Giants get another big win (276)
- Joe Maddon is the latest manager to rip instant replay. He’s got a point. (110)
- Settling the Scores: Sunday’s results (99)
- Report: Jerry Dipoto “definitely out” as Angels GM (76)
- And That Happened: Wednesday’s scores and highlights (75)