Orioles Agree To Terms With Comp Pick Josh Hart

1:05pm: Jim Callis of Baseball America tweets that Hart signed for a $1.45MM signing bonus, which would be $58K under slot.

10:57am: Dan Connolly of the Baltimore Sun reports that the Orioles have reached an agreement with competitive balance pick Josh Hart. The prep outfielder from Georgia will receive a slightly under-slot bonus that will come in just under $1.5MM (Twitter links). Baseball America reported in April that the assigned pick value of Hart's No. 37 slot was $1,508,600. Hart is advised by SFX.

ESPN's Keith Law ranked Hart as the No. 50 prospect in this year's draft. MLB.com's Jonathan Mayo had Hart ranked 54th on his Top 100, while Baseball America had him 57th on their Top 500. Law writes that Hart's best attributes are his bat speed and his ability to run. Mayo feels that Hart "profiles as a top-of-the-order type, a guy who will use his speed on both sides of the ball to be a basestealing threat and an excellent defender in the outfield."

Hart is the second player from Competitive Balance Round A to agree to terms today. Earlier this morning, MLBTR reported that the Reds had agreed to sign Michael Lorenzen, who was selected one pick after Hart.

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