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Cashner cashes in, gets $1.54M signing bonus from Cubs

CHICAGO -- The Chicago Cubs signed first-round draft pick Andrew Cashner on Thursday, giving the right-hander a deal that includes a $1.54 million signing bonus, $75,000 toward education and an invitation to spring training next year.

He will report to the Cubs' rookie league team in Mesa, Ariz., and then move onto short-season A-ball in Boise, Idaho.

"I'm really looking forward to getting going," Cashner said after a throwing session at Wrigley Field under the watch of Cubs pitching coach Larry Rothschild. "I still have some work to do to get to where I want to be."

The 6-foot-6 Cashner led Texas Christian with nine wins, and recorded nine saves in 30 relief appearances during his junior season. He had a 2.32 ERA and struck out 80 while walking 27 in 54 1/3 innings.

Cashner, 21, said he expects to begin his career as a closer.

The Cubs also agreed to terms with second-round pick Aaron Shafer, a right-hander from Wichita State.

Shafer, 21, went 11-4 with a 3.26 ERA in 16 starts for the Shockers in 2008. He led the team with 110 strikeouts while walking 28 in 110 1/3 innings.

The Cubs have signed 31 players from their draft, including 26 of their first 27 selections.