UPDATE: Pirates ink No. 2 overall pick Jameson Taillon

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UPDATE: According to Jon Heyman of SI.com, Taillon will receive “a bit more than $5 million” from the Pirates.

9:05 PM: According to Chuck Finder of the Pittsburgh Post-Gazette, the Pirates have agreed to terms with No. 2 overall pick right-hander Jameson Taillon. The pitcher’s father informed the paper of the signing.

Terms haven’t been released, but the 18-year-old right-hander was considered the best high school pitcher available in June’s draft.

Taillon has those two key words everyone talks about with a young pitcher: Tall and projectable. Standing at 6-foot-6 and 225 pounds, he already has three plus-pitches in his arsenal, including a fastball that touches the high-90s, a slider and a curve.

It’s only natural that we’ll hear comparisons to other Texas right-handers like Roger Clemens and Josh Beckett. Kyle Drabek, now a property of the Blue Jays, was drafted by the Phillies out of the same high school as Taillon, The Woodlands, in the 2006 draft.