Padres agree to terms with 10th overall pick Cory Spangenberg

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In what should come as a surprise to no one, the Padres’ Cory Spangenberg has become the first 2011 first-rounder to sign.  The 10th overall pick is expected to get right around $1.8 million, which is approximately slot money for where he was selected.

With two true first-rounders and three more supplemental picks, the Padres declined to splurge with the 10th overall pick.  Spangenberg, a JuCo infielder, is a nice line-drive hitter with questionable home run power and no real position yet.  The Padres announced him as a second baseman.  He also has experience at third.  However, scouts aren’t sure he’ll be able to make it either spot. If he ends up in left field, then more power will be a must.

Update – FollowThePadres has the bonus at $1.86 million.  That’s less than the $2.1 million the Padres offered ninth overall pick Karsten Whitson last year.  Whitson declined to sign, which is why the Pads received the 10th pick as compensation this year.

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.