The Tigers have signed No. 9 overall pick Jacob Turner to a major league contract with a $4.7 million bonus (payable over six years, with $1.6 million paid in 2014) and a guaranteed value of $5.5 million. Depending on how quickly he reaches the majors, he could push the total value to nearly $7 million.
The raw bonus is a record for a high school pitcher.
I don’t have an official net present value as calculated by MLB, but it probably comes in around $5 million.
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