Jun 15, 2013, 9:20 AM EST
Frazier, a high school outfielder out of Georgia, was selected fifth overall in last week’s First-Year Player Draft. He’s set to receive a $3.5 million bonus, which is a little under MLB’s assigned value of $3.787 million for the pick. So the Indians can now use the savings to secure some of their other draft picks.
Frazier confirmed news of the signing on his Twitter account last night.
With his bat speed and power potential from the right side of the plate, Frazier was considered by many to be the top high school bat in this year’s draft class. He’s obviously a long way from making an impact in Cleveland, but some think he has a chance to stick in center field.
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (110)