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Texas Rangers, Josh Jung reach agreement, per report

Evan Grant is reporting that the Rangers have reached deals with their top two draft picks

MLB: Seattle Mariners at Texas Rangers Tim Heitman-USA TODAY Sports

The Texas Rangers and Josh Jung, their top pick in the 2019 MLB Draft, have agreed to a deal, according to Evan Grant. Grant says the Rangers have also reached a deal with their second overall pick, Davis Wendzel, confirming a report from Jon Heyman earlier today.

Jung, a third baseman out of Texas Tech, was picked #8 overall, a pick with an allotted slot amount of $5,176.900. There are no indications as to how much his bonus is, although there was some thought that he would potentially be slightly under slot, as he was seen as unlikely to be picked by another team in the top 10. Wendzel, a third baseman out of Baylor, also has a bonus that is unknown at this time, though Heyman says that it is believed to be in the $1.5-1.7 million range.

Any savings that the Rangers garner from signing players to below slot amounts can be allocated towards signing other players to above slot bonuses. A team can only spend up to 5% more than their total bonus pool without incurring significant penalties.

UPDATE — Per T.R. Sullivan, the signings are slated to be announced tomorrow.