The Royals are still working to sign first baseman Nick Pratto, their first-round pick in this week’s Major League Baseball draft, general manager Dayton Moore said on Saturday evening.
A report from MLB.com on Saturday stated that Pratto and the Royals had agreed to a $3.45 million signing bonus. In a statement released on Saturday evening, Moore said the deal was not done.
“We are extremely excited to have drafted Nick Pratto and confident we will sign him at the appropriate time,” Moore said, in a statement released by a club official. “We remain in the signing process and nothing is completed at this time.”
The Royals drafted Pratto, a left-handed hitting first baseman, last Monday with the No. 14 overall pick in the draft. Pratto, a 6-foot-2, 200-pound native of Huntington Beach, Calif., was rated as the 17th best prospect in the draft, according to Baseball America.
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The slot value of the No. 14 overall pick, according to MLB’s slotting system, is $3,727,600. The Royals’ total spending pool for draft bonuses is $8,076,900. If teams outspend their total bonus pool, they face penalties such as taxes on the overage and the potential loss of draft picks.