Draft Signings: Farinaro, Franklin, Kozikowski

Here are today's notable draft notes and non-first-round signings (all slot info courtesy of Baseball America)…

• After getting fourth-rounder Mason Katz to sign for just $95k (well below his $405,100 slot), the Cardinals were able to ink eleventh-round prep arm Steven Farinaro to a $750k deal, the St. Louis Post-Dispatch's Derrick Goold reported yesterday. As Goold explains, the Cards expect to exceed their $6.91MM spending limit by less than five percent, thus avoiding the substantial penalties (forfeited future picks) that attach at that point.
• The Reds have locked up second-round choice K.J. Franklin for $675k, which is more than $150k below the slot recommendation, according to a tweet from Baseball America's Jim Callis. The high-school third baseman was a surprise second-rounder given his 232nd overall rank by BA.
• The Pirates have agreed to a well-above-slot deal with eighth-round pick Neil Kozikowski, tweets Callis. The high-school righty, who has a projectable 6'3" frame, will receive $425k.