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Yankees Rumors: Trey Sweeney Signs $3M Contract After Going No. 20 in 2021 MLB Draft

The New York Yankees have signed their first-round pick in the 2021 MLB draft, with shortstop Trey Sweeney agreeing to a $3 million signing bonus, per Carlos Collazo of Baseball America.

The deal is $242,900 under the slot for the 20th overall pick.

As Steve Adams of MLBTradeRumors.com noted, the team is hoping to save money to sign third-round pick Brock Selvidge, who will likely need more than the $637,000 slotted for him at 92nd overall. The high school pitcher is committed to LSU and could choose college if New York doesn't reach his asking price.