Draft Updates: Miller, Yankees, Jays

By Ben Nicholson-Smith [August 17, 2009 at 9:34am CST]

More updates on the final day to sign draft picks...

Derrick Goold of the St. Louis Post-Dispatch reports that top Cardinals pick Shelby Miller is in St. Louis for a physical. GM John Mozeliak says talks are "moving in a positive direction" and one official says the sides could end up agreeing on a deal worth about $3.25MM.
MLB.com's Jonathan Mayo hears that the Cards are making progress with Miller, but doubts they'll hand out $3.25MM.
Mayo reports that first rounders Tyler Matzek (Rockies) and Matt Purke (Rangers) all have substantial gaps to overcome if they're going to sign today.
Zack Wheeler and the Giants are now less than $1MM apart, Mayo reports.
Jim Callis of Baseball America reports that the Yankees signed righty Caleb Cotham for $675k, which is more than four times the recommended limit for a fifth rounder.
Callis reports that the Blue Jays signed 18th rounder Daniel Webb for $450k, triple the recommended ceiling for late round picks.

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