11:40am: Baseball America reports that Murphy signed for $1.25MM. The second rounder, who had committed to playing at Miami, is a catcher with power and good arm strength.
10:41am: The Yankees agreed to sign first rounder Slade Heathcott for $2.2MM, according to Jim Callis of Baseball America. Heathcott, who was a two-way star in high school, will be an outfielder for the Yankees. Callis says Heathcott has "five-tool" potential. ESPN.com and Lane Meyer of NoMaas.org was also right on this signing.
Callis hears that the Yankees signed second rounder J.R. Murphy for an undisclosed amount.