Cubs Agree With First-Rounder Alex Lange

Thirtieth overall draft pick Alex Lange has agreed to a $1.925MM bonus to join the Cubs, per Jon Heyman of Fan Rag (Twitter links). Whether the sides would find common ground came into question today due to as-yet-unreported medical concerns.

Evidently, the health issues weren’t enough to scuttle the deal, though Lange will take home less than the slot value of $2,184,300. The righty had the option of spending another year at LSU, but that’d have left him facing another year of injury risk with little in the way of anticipated leverage for next year’s draft.

Sixth-round pick Jeremiah Estrada will take home a well-over-slot $1MM bonus, Callis tweets. That bonus level wouldn’t have been possible absent agreement with Lange, Callis notes, unless Chicago was willing to give up a first-round pick next year as a penalty. The Cubs also landed fifth-rounder Nelson Velazquez, Callis tweets. His status had been uncertain as well with the signing deadline looming.