The Giants have reached an agreement with pitcher Simon Mercedes of the Dominican Prospect League, according to Spencer Fordin of MLB.com. The 18-year-old, who pitched in the DPL All-Star game earlier today, will receive $400K.
The right-handed pitcheris the second player from the DPL to sign with a major league club this month. Pitcher Darwin Castillo signed with the Royals last week for $300K.
Mercedes reaches the low 90's with his fastball and will begin his career with the Giants low in the team's farm system.