JULY 11th: The Cubs have officially announce the signing in a press release. Almora will report to the team's complex in Mesa.
JULY 9th: The Cubs have agreed to sign first round selection Albert Almora, Jim Callis of Baseball America reports (on Twitter). The high school outfielder obtains a $3.9MM bonus.
MLB recommended a $3.25MM bonus for Almora, the sixth overall selection in last month's draft. The outfielder has lots of tools and polish, Callis notes. The Cubs have now agreed to terms with their first 20 selections from the draft. Just six first round selections remain unsigned with four days to go before this Friday's deadline for signing draft picks.