As first reported by The Bigs and subsequently confirmed by other outlets, the Cubs and No. 16 overall pick Ed Howard have agreed to a signing bonus of $3.7455 million. That seems like a bit of an odd number until you realize that it’s the exact slot value for the pick. Expect to see the Cubs’ other picks sign for right around slot as well.
Howard, who starred for Jackie Robinson West Little League before going on to Mt. Carmel High School, will remain at shortstop as he begins his professional development with the Cubs. That is likely to start in August, at which point he’ll work with hitting director Justin Stone to make the most of what are already some obvious offensive skills.