Cardinals sign first-rounder James Ramsey for $1.6 million

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Florida State outfielder James Ramsey and the Cardinals have agreed to a $1.6 million deal that’s slightly below the slot value for the No. 23 overall pick.

That means Ramsey and his agent actually did pretty well considering his lack of leverage as a college senior. In fact, according to Jim Callis of Baseball America his $1.6 million bonus is the highest for a college senior position player since Matt LaPorta signed for $2.1 million as the No. 7 overall pick back in 2007.

Baseball America ranked Ramsey as the 51st-best player in the draft and he ended up making an extra $1.2 million or so by turning down the Twins’ offer him to sign him as a 22nd-round pick last year.