By Dejan Kovacevic | 12:36 a.m. Saturday
The Pirates and first-round draft pick Pedro Alvarez agreed to contract terms, just before the midnight deadline Friday: $6 million bonus, plus college.
More in a bit.
12:40 a.m.: Tanner Scheppers and all the other unsigned picks remained that way. I have to do newspaper work for a little while, so fill in the blanks yourselves for a little while. Q&A later this morning. Oh, and the contract is minor league.
12:44 a.m.: Neal Huntington, on Scheppers: "We are disappointed that we were unable to reach an agreement with our second-round selection Tanner Scheppers, but we knew when we selected Tanner that we might not be in a position to sign him by the August 15 deadline. Despite the quality efforts of both parties, it became clear that Tanner's financial expectations were not in line with the risks presented by Tanner's current status as a pitcher in the early stages of a rehabilitation program following an injury to his throwing shoulder. Unfortunately, Tanner's rehabilitation program timeline changed dramatically from what his representative presented to us prior to the draft. Had Tanner been able to demonstrate that he was fully recovered from the injury he suffered towards the end of his 2008 season at Fresno State, we are confident that we could have found common ground on the economic terms of a contract. Selecting Tanner in the second round was a calculated risk from the outset. We knew when we selected him that, if he was able to show that he had recovered fully from his injury, we could have secured a first-round talent with our second-round selection. Because that did not happen, however, we will receive the 49th selection in next year's draft as compensation. We were willing to take the risk involved in selecting Tanner for two reasons. First, a club that is unable to sign its second-round selection now receives "same slot" compensation in the next draft. Second, we made the strategic decision to select several players with early round talent later in the draft regardless of their signability. As a result of this decision, we were able to sign two players, Robbie Grossman and Quinton Miller, each of whom received strong consideration with our second round selection."
Posted
Aug 15 2008, 11:55 PM
by
Dejan Kovacevic