Royals sign No. 5 overall pick Kyle Zimmer for $3 million

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No. 1 overall pick Carlos Correa has already agreed to a contract with the Astros and the Royals announced that No. 5 overall pick Kyle Zimmer is also under contract just three days after being drafted.

Zimmer is a right-handed starter from the University of San Francisco who many draft experts felt was neck and neck with Stanford right-hander Mark Appel and LSU right-hander Kevin Gausman as the top college arm available.

He’s a converted position player and just 20 years old, so Zimmer may not move through the minors quite as quickly as a typical college ace. MLB’s slot bonus amount for the No. 5 pick is $3.5 million, but Jim Callis of Baseball America reports that the Royals got Zimmer signed for $3 million.

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.