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Padres Sign Cory Spangenberg
Padres first round pick Cory Spangenberg has passed his physical and signed, reports MLB.com's Corey Brock (Twitter links). He received a $1.86MM bonus, approximately MLB's slot recommendation.
Spangenberg, in infielder out of Indian River Junior College in Florida, was the tenth overall pick in this week's draft. The Padres received that pick as compensation for failing to sign Karsten Whitson last year. San Diego would not have received another compensation pick next year if they failed to sign Spangenberg.
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Rangers Designate Derek Lowe For Assignment
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