Rockies To Sign Second-Rounder Ryan Castellani

The Rockies have agreed to terms with second-rounder Ryan Castellani on a $1.1MM bonus that is $58K below slot for the No. 48 overall selection in the draft, Chris Cotillo of MLB Daily Dish reports (via Twitter).

Castellani, a high school right-hander out of Arizona, is the second under-slot signing made by the Rockies with their top picks, though the savings on Castellani pale in comparison to the savings on first-round pick Kyle Freeland, who signed for roughly $890K under slot. Though Colorado selected him with the 48th pick, Castellani ranked 98th on Baseball America’s Top 500 list and 131st on the Top 200 list compiled by Jonathan Mayo and Jim Callis of MLB.com.

MLB.com praised his ability to induce grounders, noting that his fastball, which currently touches 93 mph, has room to pick up some extra life as his 6’4″ frame fills out. BA notes that he’s a strike-thrower who can locate on both sides of the plate and has flashed above-average potential with his slider and changeup.

The Rockies, who have $8.347MM to spend on this year’s draft (according to Baseball America’s J.J. Cooper), have now agreed to terms with two of their top three picks. They’ve yet to come to an agreement with Competitive Balance Round A selection Forrest Wall — a high school second baseman out of Florida.