The Rockies have designated Eric Young Jr. for assignment, according to Troy Renck of the Denver Post (on Twitter). The move will allow the Rockies to activate right-hander Chris Volstad.
The outfielder posted a .316/.377/.448 slash line in 196 plate appearances last year but hasn't found the same success in 2013. In 180 PAs this year, the 28-year-old has hit .242/.290/.352 with one homer. Young has experience at all three outfield positions as well as 49 games at second base.
6:29pm: The deal will be above-slot, MLBTR's Tim Dierkes has learned.
5:53pm: The Rays have signed second-rounder Riley Unroe, tweets Roger Mooney of the Tampa Tribune. Terms of the deal are unknown but the suggested slot value for the No. 60 pick is just under $928K. Unroe is advised by Jason St. Clair of Lagardere.
The high school shortstop committed to USC but will instead begin his professional career with the Tampa Bay organization. Baseball America had Unroe ranked as the 53rd best prospect in the draft while Keith Law of ESPN and Jonathan Mayo of MLB.com had him ranked at No. 90 and 92, respectively.
In their profile of Unroe, BA estimated that it would take a seven-figure bonus to pry him away from the Trojans and a deal that meets the suggested value of his pick will put him right on the doorstep of that.
The Mariners and first round pick D.J. Peterson have reached agreement on a deal, sources tell Larry Stone of the Seattle Times (on Twitter). Peterson, who is being advised by Excel Sports Management, will get $2.759MM, according to Jim Callis of Baseball America (via Twitter). 
That amount matches the suggested value for the No. 12 pick.
The M's previously drafted the third baseman in the 33rd round of the 2010 draft but couldn't come to terms with him on a contract. Seattle reportedly gave him a very generous offer to sign at the time, but it cost them considerably more this time around.
Peterson played a good amount of first base this season out of necessity for New Mexico but was adamant in a conference call with reporters, including Stone, that he wants to remain at third base. The youngster says that his improved range should help him stick in the hot corner.
The third baseman was ranked No. 11 in this year's class by Jonathan Mayo of MLB.com and No. 12 on BA's top 500. Keith Law of ESPN.com had him ranked No. 34 on his top 100 list.
Photo courtesy of the University of New Mexico communications department.
Yahoo's Jeff Passan reports the Royals are "very likely" to sign Indiana State left-hander Sean Manaea to a well-over-slot deal. The Royals, according to Passan, are confident that the torn labrum in Manaea's hip won't be a long-term issue. Kansas City is familiar with Manaea's maladay, as Alex Gordon suffered a similar injury in 2009 (Twitter links).
The Royals gambled on this year's draft, selecting Stephen F. Austin State University shortstop Hunter Dozier with their eighth overall pick with the hopes of signing him under slot and making a run at Manaea. Things have gone according to plan thus far, as Dozier signed for $938K under slot value.
Manaea, who is advised by the Boras Corporation, was thought to be a potential No. 1 overall pick following a dominant showing in the Cape Cod League last summer. His injury issues caused him to fall out of the first round, and the Royals promptly took him with the first pick in the Competitive Balance round (No. 34 overall). That pick carries an assigned slot value of $1.623MM, per Baseball America, but Scott Boras made it clear weeks before the draft that Manaea would not sign for a discount.
In addition to Dozier, the Royals have also signed second-round pick Cody Reed for full slot value ($1.198MM). According to Passan's sources, a deal between the two sides could be reached as soon as this week. The Royals have a draft pool of $8,290,700.
Here's today's rundown of notable Day 2 and Day 3 draft picks to sign (all slot info courtesy of Baseball America's list of assigned pick values)…
Zach Links contributed to this post.
Baseball America's Jim Callis tweets that the Cardinals and first-round pick Rob Kaminsky have agreed to a $1,785,300 signing bonus. The prep left-hander out of New Jersey receives a signing bonus that matches the assigned pick value for his No. 28 overall selection that was reported by Baseball America earlier this year.
Kaminsky, who is advised by Excel Sports Management, ranked 21st on Baseball America's list of Top 500 draft prospects, ranked 33rd according to ESPN's Keith Law and ranked 38th according to Jonathan Mayo of MLB.com. BA called him the "most advanced prep arm" in the draft, noting that his fastball sits 88-92 mph and touches 93-94. Kaminsky is just 5'11" and weighs 190 pounds, however, leading Mayo and to raise questions about his durability.
The Cardinals selected Kaminsky with the compensation pick they received for losing Kyle Lohse to the division-rival Brewers as a free agent, so his development will likely carry extra narrative within the NL Central. Interestingly, the Cardinals hadn't selected a left-handed pitcher in the first round since drafting Bret Wagner in 1994. In 2013, however, they took two within a span of nine picks, grabbing Gonzaga lefty Marco Gonzales with the 19th pick. Both southpaws have now signed, bumping the total of first-rounders to sign up to eight.
The Dodgers have signed first-rounder Chris Anderson for a signing bonus of $2,109,900, according to Jim Callis of Baseball America (on Twitter). The Jacksonville University right-hander is advised by ACES. Anderson's bonus matches the assigned pick value (per Baseball America) for the No. 18 selection exactly. 
Anderson, who turns 21 late next month, ranked as the draft's 16th-best prospect according to MLB.com's Jonathan Mayo, the 25th-best prospect per ESPN's Keith Law and the 45th-best in the eyes of Baseball America. Prior to the draft, Mayo wrote that Anderson, whose fastball touches 97 mph, may have boosted his stock more than any arm in this year's college class. Law notes that he faded down the stretch, perhaps due to over-usage, but has the potential for two plus pitches.
Anderson is the second college pitcher selected by the Dodgers in the past three drafts, as they also selected Stanford left-hander Chris Reed back in 2011 with the No. 16 overall pick. Both Anderson and second-round pick Tom Windle are Minnesota natives. Windle, a left-hander who attended the University of Minnesota, agreed to terms with Los Angeles last week. Anderson's deal means that there are now seven first-round picks who have signed just six days after the draft.
Photo courtesy of Jacksonville University.
The White Sox have signed first round pick Tim Anderson to a deal worth $2.164MM, according to Jim Callis of Baseball America (on Twitter). The shortstop out of East Central Community College in Dectaur, Mississippi is advised by Reynolds Sports Management.
Anderson ranked 25th among draft prospects according to MLB.com's Jonathan Mayo. Baseball America ranked him as the draft's No. 26 prospect, while ESPN's Keith Law ranked him 37th. His $2.164MM deal matches the exact slot recommendation for the No. 17 pick.
Mayo writes that Anderson's speed is his best asset, noting that he should be a base-stealing threat with occasional power to his pull side. All three evaluations feel he has a chance to stick at short, though BA notes that average arm strength could force him to move.
Anderson is the sixth first-rounder from this year's draft to sign with his team. Mark Gonzales of the Chicago Tribune first reported that the two sides were nearing an agreement.
Steve Adams contributed to this post.
Wednesday's minor moves…
Baseball America's Jim Callis reports (via Twitter) that the Yankees and first-round pick Eric Jagielo have agreed to terms on $1,839,400 signing bonus — the exact amount of the assigned pick value for the No. 26 overall selection. Jagielo is advised by Frontline. 
Jagielo, a third baseman from Notre Dame, ranked 16th on Baseball America's list of Top 500 draft prospects. ESPN's Keith Law ranked the slugger 26th among potential draftees, and MLB.com's Jonathan Mayo had him at No. 37 on his Top 100 list. BA projects him to hit for both power and average, noting that he has improved his plate discipline in 2013.
Jagielo is the first college position player selected by the Yankees in the first round since they selected Florida State's John-Ford Griffin with the No. 23 pick in the 2001 draft. Jagielo was one of three first-round picks for the Yankees; New York also selected Fresno State outfielder Aaron Judge and prep lefty Ian Clarkin later in the first round. Jagielo becomes the fifth 2013 first-rounder to sign.
Photo courtesy of Notre Dame media relations department.
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