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Royals sign Moustakas with minutes to spare

This year, under a new baseball rule, draft picks had until Wednesday at midnight ET to agree on deals. After that, they were not eligible to sign and could enter the draft again the next time they are eligible. Teams that didn't sign their first-round picks would get an additional first-round selection in next year's draft.

As the deadline approached a flurry of signings took place, with all of the first-round picks eventually beating the deadline.

Wednesday's major news:

Kansas City Royals: The Royals agreed to a
contract with Mike Moustakas, the No. 2 overall pick in this year's
draft, 11 minutes before the midnight deadline Wednesday.

Moustakas gets a $4 million signing bonus.

A Royals spokesman told The Associated Press that agent Scott
Boras called general manager Dayton Moore at 11:49 p.m. EDT to say
the deal had been struck for Moustakas, a power-hitting infielder
out of high school in California.

The 6-foot, 195-pound shortstop batted .577 for Chatsworth High
School in the Los Angeles area during his senior season, breaking
the state high school record for career (52) and single-season (24)
home runs.

"It has been a long day," said scouting director Deric
Ladnier, who handled the negotiations and had said on draft day
that he was confident the young power hitter wanted to join the
Royals.

"It's been a long few days. It is an emotional roller coaster.
I spoke with Mike a few minutes ago and he's ecstatic to be a part
of our family. It's been a long haul. But we feel like we secured a
player here that will help this organization win a championship in
the future."

The Royals envision Moustakas as their cleanup hitter of the
future. Some have compared him with Alex Rodriguez as a
power-hitting infield prospect. Combining with third baseman Alex Gordon, the No. 2 overall pick in 2005, and designated hitter Billy Butler, the 14th selection in 2004, the team hopes to construct its most potent lineup since George Brett and Hal McRae led the pennant-winning teams of the '80s.

Chicago Cubs: A few minutes before midnight on Wednesday night, Cubs announcers said during their telecast that the team had signed Josh Vitters, the third overall pick in June's draft.

He will receive a signing bonus worth approximately $3.2 million.

The third baseman from Cypress High School in California was
among the most touted prospects in the country this year. Vitters
hit .352 with nine homers in his senior season.

Baltimore Orioles: The Orioles and first-round draft pick
Matt Wieters agreed to a contract Wednesday night with a $6 million
signing bonus.

Wieters, a catcher from Georgia Tech, was selected fifth overall
in the June draft. He is represented by agent Scott Boras.

The Orioles also agreed to a $1.1 million signing bonus with
right-handed pitcher Jake Arrieta, another Boras client, just
before the midnight deadline. Arrieta was picked in the fifth round
out of TCU.

Arizona Diamondbacks: The Diamondbacks have agreed to terms with Jarrod Parker, their top selection in this June's draft.

Parker, a native of Bluffton, Indiana, was the ninth overall pick in this year's draft and will receive a signing bonus of $2.1 million. He is expected to report to the Diamondbacks' instructional league team in Arizona this fall.

Parker was named Indiana's "Mr. Baseball" and led his team, Norwell High School, to a 35-0 record and the state championship for its classification.

Parker was ranked as the sixth-best prospect in the draft by ESPN Scouts, Inc.

-- Keith Law, Scouts Inc.

San Francisco Giants: The Giants agreed to deals with both of their first-round picks before Wednesday's deadline, locking up 10th overall selection Madison Bumgarner and 29th pick Wendell Fairley.

Bumgarner got a $2 million signing bonus, according to Baseball America, while Fairley agreed to a deal with a reported $1 million bonus.

Bumgarner is a left-handed pitcher who helped his North Carolina high school to the state championship in 2007. The 6-foot-4, 215-pound pitcher was 11-2 with a 1.05 ERA, striking out 143 batters and walking just 11 in 86 1/3 innings.

Fairley, a 6-foot-2, 190-pound outfielder, helped his Mississippi high school to the state final in 2007. The left-handed batter hit .538 with nine homers.

Seattle Mariners: The Mariners have agreed to terms with Philippe Aumont, their top selection in this year's draft.

Aumont, the 11th overall pick, will receive a signing bonus of $1.9 million, roughly $200,000 over the slot bonus recommended for that pick by the commissioner's office but close to the slot recommendation for the 11th pick in the 2006 draft. He is expected to report to the Mariners' instructional league team this fall.

Aumont was the 13th-ranked player among those eligible for selection in this June's draft according to ESPN Scouts, Inc. He recently graduated from École secondaire du Versant in Gatineau, Quebec, and was a member of the Canadian junior national team, appearing in the 2006 World Junior Championships in Cuba.

-- Keith Law

New York Yankees: After an afternoon impasse in negotiations with first round pick Andrew Brackman, the Yankees agreed to a major league contract with the 6-foot-10 pitcher.

Brackman, the 30th overall pick in the first round our of North Carolina State, will receive a signing bonus of $3.5 million, and he will be guaranteed an additional $1 million in salary. Through team options that could extend the contract through 2013, the deal could ultimately be worth $13 million for the pitcher, who will undergo Tommy John elbow surgery and will likely miss the 2008 season.

Brackman is regarded as a high-ceiling talent, and in the last couple of years, the Yankees have shifted their philosophy from picking solid prospects to players with high-end talent -- pitchers, in particular. After last season, they received top pitching prospect Humberto Sanchez while knowing that Sanchez likely would need reconstructive elbow surgery; the team is banking on the possibility that Sanchez might come back and have high impact.

Brackman was assigned to Class-A Tampa. To make room for Brackman on the 40-man roster, New York designated minor league infielder Chris Basak for assignment.

-- Buster Olney, ESPN The Magazine

Florida Marlins: The Marlins agreed to terms with
first-round draft pick Matt Dominguez hours before the deadline.

Dominguez, a third baseman from Chatsworth High School near Los Angeles, was the 12th overall choice in the June draft. He gets a
$1.8 million signing bonus.

"We are extremely happy to get Matt under contract and to get
him playing in our minor league system," said Jim Fleming, vice
president of player development and scouting. "We look forward to
watching his development en route to a successful major league
career."

The Marlins have signed their top pick every year since their
first draft in 1992.

Dominguez was the first position player taken with the Marlins'
first pick since Jeremy Hermida -- now the team's right fielder -- in
2002.

Buster Olney is a senior baseball writer for ESPN The Magazine. Keith Law, formerly the special assistant to the general manager for the Toronto Blue Jays, is the senior baseball analyst for ESPN's Scouts, Inc. Information from The Associated Press was included in this report.