Nationals go over slot, sign Lucas Giolito for $2.925 million

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Just seconds before today’s 5:00 p.m. eastern time deadline the Nationals and No. 16 overall pick Lucas Giolito agreed to a $2.925 million bonus, according to Jim Callis of Baseball America.

Giolito was in the mix for the No. 1 overall pick before an elbow injury ended his season and questions about the California high school right-hander’s bonus demands likely caused him to drop even further, but the Nationals happily snatched up one of the draft’s highest-upside prospects in the middle of the first round and worked out a deal.

Slot value for the 16th pick was $2.125 million, so drawing things out until the last second earned Giolito an extra $800,000 and by going over their allotted budget the Nationals will have to pay a tax. They will not, however, have to forfeit a draft pick next year, which is something general manager Mike Rizzo insisted all along they were unwilling to do.

White Sox won’t make bid for Bryce Harper

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The White Sox won’t make a bid for free agent outfielder Bryce Harper, Bruce Levine of 670 The Score reports. Believed to be the favorites to land shortstop Manny Machado in free agency, the White Sox watched him ink a 10-year, $300 million contract with the Padres. The club is apparently content with its roster otherwise.

Harper would certainly be an upgrade in the outfield, which currently features Adam Engel, Nicky Delmonico, and Jon Jay. It will soon feature prospects Eloy Jiménez and Luis Robert.

Last season, Harper hit .249/.393/.496 with 34 hom eruns, 100 RBI, 103 runs scored, and 13 stolen bases in 695 plate appearances. He led all of baseball, drawing 130 walks. Harper is also a six-time All-Star who won the 2012 NL Rookie of the Year Award and the 2015 NL Most Valuable Player Award.

The Phillies are still believed to be the favorites to sign Harper and the club is confident it will land him, Matt Breen of the Philadelphia Daily News reports.