It's Aug. 3: Do you know where your first-round pick is?

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Two weeks before the signing deadline, only 12 of the 32 first-round picks from the 2009 draft has signed. 16 of the top 20 players taken remain unsigned amidst rumors that the commissioner’s office is taking its hardest stance yet on curbing bonuses to players not yet apart of the MLBPA.
Baseball America reported back in May that the commissioner’s office had dropped its all important slot recommendations by 10 percent from its 2008 figures, and it looks like the paper has been proven correct. Of the 12 picks that have signed, five have received exactly what BA estimated for slot: the Angels’ Randal Grichuk ($1.242 million), the Angels’ Mike Trout ($1.215 million), the Brewers’ Eric Arnett ($1.197), the Red Sox’s Reymond Fuentes ($1.134 million) and the Cubs’ Brett Jackson ($972,000).
Six of the remaining seven signed for less than slot, including No. 4 overall pick Tony Sanchez and 10th pick Drew Storen, both of whom had agreed to predraft deals. The only player so far to sign over slot was the Astros’ Jiovanni Mier., the 21st selection, and he exceeded the amount by a mere $26,000 ($1.358 million vs. $1.332 million).
The assumption is that some of the other players have agreed to terms, but that the commissioner’s office is holding back approval. Peter Gammons went so far as to write that the Royals have reached deals with 12th overall pick Aaron Crow and 91st pick Wil Myers, but that the commish had threatened to yank Kansas City’s upcoming All-Star Game in 2012 if they went ahead with them. Maybe Bud Selig and company can’t get away with voiding signings they don’t like, but they can at least pressure teams to wait until Aug. 17 to announce them, thereby preventing truly unsigned players from using those amounts in negotiations.
If, for instance, Reds and No. 8 pick Mike Leake had come to terms on an above-slot $2.4 million bonus, No. 7 pick Mike Minor would use that as artillery in his talks with the Braves. As is, there’s very little besides last year’s bonuses for the unsigned picks to latch on to.
Nearly everyone is going to end up getting signed. No. 1 pick Stephen Strasburg (Nationals) and No. 11 selection Tyler Matzek (Rockies) are the most likely holdouts, with No. 3 pick Donavan Tate (Padres) and No. 14 pick Matt Purke (Rangers) also possibilities. Selig’s precious slots aren’t going to apply to those four.

Yankees acquire A.J. Cole from the Nats

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The New York Yankees have acquired reliever A.J. Cole from the Washington Nationals for cash considerations.

Cole was supposed to be the Nats’ fifth starter this year but that didn’t work out too well. He pitched in four games for the Nats, starting two, to the tune of a 13.06 ERA, having given up six home runs in 10.1 innings. That’s . . . something.

Don’t get too used to Cole on the New York roster, as this seems like one of those “give us an arm” for a couple of days deals, after which Cole will be DFA’d and will either accept an assignment to Scranton or be cut loose. Such is life at the fringes for a guy who is out of minor league options.