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]
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With the deadline to sign players from the 2009 MLB Draft coming up on August 17th, the Boston Red Sox have come to terms with their 7th round pick, Madison Younginer.
Fast forward to 2009 as the Red Sox acquired Gonzalez from the Cincinnati Reds in exchange for a player to be named later and/or cash considerations. The Red Sox will be responsible for the remaining part of the $5.375 million owed to him. Gonzalez’ contract has a team option for $6 million in 2010 with a $500,000 buyout.
