Astros sign No. 41 pick Lance McCullers for double slot value at $2.5 million

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Part of the Astros’ strategy in drafting Carlos Correa with the No. 1 overall pick was their ability to sign him to a below-slot bonus and use the savings to snag a tough-to-sign player later.

That player turned out to be high school right-hander Lance McCullers, who was considered a top-20 prospect based on talent alone but fell to the No. 41 pick due to signability issues.

Houston’s strategy worked, as they inked Correa for $4.8 million compared to the $7.2 million slot for the top pick and have now used the savings to sign McCullers for twice the slot amount for the No. 41 pick.

Jim Callis of Baseball America reports that McCullers agreed to a $2.5 million deal, compared to the slot amount of $1.25 million. Obviously the debate over whether the Astros made the right call with Correa will rage on for years to come, but in passing on Byron Buxton and Mark Appel they were able to add McCullers as a second high-upside pick.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.