According to Rob Bradford of WEEI.com, the Boston Red Sox have signed their third round pick in this year’s draft, David Renfroe with a $1.4 million signing bonus that will be paid over 5 years.
According to Baseball America, which first reported the agreement, the net present value of the deal is less than the $1,134,000 bonus given to the Sox’ first-round pick, Reymond Fuentes. Also according to BA, Renfroe’s bonus is the second-highest given to a third-rounder this year, trailing only the $2 million agreed upon by Will Myers and the Royals. Renfroe had committed to play quarterback at the University of Mississippi after staring in both baseball and football at South Panola (Miss.) High. Although he reportedly has a fastball that reaches 95 mph, Renfroe projects to be a positional player in the Sox’ organization.
Renfroe was supposed to attend the University of Mississippi as a two-sport athlete in football and baseball.
Red Sox agree to terms with third-round pick [WEEI.com]