The Rays have agreed to a $7,007,500 signing bonus with No. 4 overall pick Brendan McKay, reports ESPN’s Jerry Crasnick (via Twitter). The bonus is the largest ever given to a player under the current set of draft rules, narrowly topping the flat $7MM signing bonus that Kyle Wright received from the Braves earlier this year. McKay is represented by Sosnick, Cobbe and Karon. Marc Topkin of the Tampa Bay Times was the first to report that McKay was expected to sign with the Rays tonight.
McKay was one of the most famed prospects headed into the draft and was reportedly a strong consideration of the Twins with the No.