Draft Signings: 7/19/21

A few notable draft signings for Day Two selections:

• The Braves signed right-hander Spencer Schwellenbach to a $1MM bonus, reports Jim Callis of MLB.com (Twitter link). That checks in a bit below the $1.1855MM slot value associated with the 59th overall pick. A two-way star at the University of Nebraska, Schwellenbach was announced as a pitcher on draft day. He pitched exclusively in relief for the Cornhuskers this season because he was the team’s everyday shortstop, but it’s possible the Braves stretch him out as a starting pitcher in pro ball. Keith Law of the Athletic is particularly bullish on Schwellenbach, ranking him the class’ #29 prospect pre-draft and praising his delivery, mid-90s fastball, and promising secondary pitches.
• The Cardinals have signed second-rounder Joshua Baez to a $2.25MM bonus, Callis reports. That’s well above the $1.3385MM slot value that accompanies the 54th selection. A corner outfielder from a Massachusetts high school, Baez had been committed to Vanderbilt University. He’s a high-volatility prospect, with some of the best raw power in the class but questions about his hit tool given the lack of quality pitching he faced in the Northeast. Baez’s huge upside earned him spots among the top 35 prospects in the estimation of Law, Baseball America, and Eric Longenhagen and Kevin Goldstein of FanGraphs. St. Louis saved a bit of bonus pool space by going underslot with UCSB right-hander Michael McGreevy in the first round.
• The Royals came to a $1MM agreement with fourth-rounder Shane Panzini, Callis reports. That’s nearly double the $538.2K slot value that comes with the 108th selection. Kansas City’s clearly more bullish than most public evaluators on Panzini, who came in at #239 in Baseball America’s pre-draft rankings. BA noted that the right-hander can get his fastball into the mid-90s and has a clean delivery, but expressed concerns about his lack of impactful secondary pitches and advanced age for a prep draftee (he turns 20 in October). Nevertheless, the Royals were comfortable offering the New Jersey native seven figures to forego his commitment to the University of Virginia.