4:14pm: Pirates GM Neal Huntington explained in a statement that the team offered as much as it could without losing future picks.
“Our final offer exceeded the available bonus pool money and was essentially up to the last dollar we could offer prior to falling into the second tier penalty which would have resulted in the loss of a first round draft selection," Huntington said. "While, as we have shown in past years, we are willing to be aggressive with our financial offer, we simply did not feel it was in the best interest of the organization to forfeit our first round selection in the 2013 amateur draft."
The Pirates will select ninth overall next year, ESPN.com's Buster Olney tweets.
4:05pm: The Pirates did not reach a deal with first round pick Mark Appel, Jim Callis of Baseball America reports (on Twitter). The right-hander established himself as one of the country's top amateurs as a member of Stanford's starting rotation. He was considered a candidate for the first overall pick, but fell to the Pirates at eighth overall.
Appel stands 6'5" and his repertoire includes a fastball that has touched 98 mph plus a "nasty" slider, according to Baseball America. MLB recommended a bonus of $2.9MM for the eighth overall selection. Scott Boras is Appel's advisor.