Pirates Sign Pedro Alvarez

11:43pm: Great news for Pirates fans – they’ve signed Alvarez to a $6MM minor league deal.  So much for Boras demanding $10MM.

11:41pm: The Bucs failed to sign pitcher Tanner Scheppers, who slipped to the second round due to a shoulder injury.  Scheppers was looking for $2MM, and his audition wasn’t great.  GM Neal Huntington issued a statement on the Scheppers situation.

4:59pm: Dejan Kovacevic of the Pittsburgh Post-Gazette weighs in on the Pedro Alvarez negotiations.  He believes the Pirates have an offer on the table, and are open to a Major League deal.  However, Kovacevic says there is no chance of the Pirates approaching a $10MM Mark Teixeira-like contract.  The Pirates and Scott Boras have six hours to find a compromise.

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