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Josh Jung signing bonus $4.4 million, per report

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Jim Callis says Josh Jung, the Rangers’ first round pick, has signed for a $4.4 million bonus

Chicago Cubs v. Texas Rangers Photo by Cooper Neill/MLB via Getty Images

2019 MLB Draft: Josh Jung’s signing bonus with the Texas Rangers is $4.4 million per Jim Callis on Twitter. Slot for the #8 pick, where Jung was taken, is $5,176,900.

Jung’s bonus is a hair over what slot for the #12 pick would be in the 2019 draft, so the Rangers got a pretty fair sized discount there. The question now is where that savings will be applied. Their 7th round pick, high school pitcher Brandon Sproat, has reportedly indicated that he will be attending the University of Florida, though with the roughly $1 million is savings from signing Jung and Davis Wendzel, the #41 pick, they may have enough money available to change his mind. Alternatively, the Rangers could use that money to buy out guys in the late rounds of the draft that they picked not expecting to be able to sign, or to use towards signing undrafted players. The pool money is “use it or lose it,” so there’s no benefit to not spending available bonus pool funds.

The signings of Jung and Wendzel are both expected to be announced today.