Photo Courtesy of UCLA Athletics

The Pittsburgh Pirates have signed first overall pick Gerrit Cole, and second round pick Josh Bell, according to Jon Heyman (Cole, Bell).

Cole will get $8 M, and it’s a minor league deal, per Dejan Kovacevic.  The bonus is the highest in draft history, topping the $7.5 M bonus that Stephen Strasburg received.  It’s also a record for the Pirates.

Josh Bell gets $5 M.  That’s the fourth biggest bonus given out by the Pirates, behind Cole, Jameson Taillon, and Pedro Alvarez.

The two bonuses bring the Pirates’ total spending to just under $16.5 M, which is a draft record.  That doesn’t include unannounced bonuses, which will bring the total to over $17 M.

The Pirates have officially announced each move.  The draft pick signing tracker is updated with the moves.

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11 COMMENTS

  1. While very happy they signed both Cole and Bell, 5M for a mid-1st round talent (Bell) is a lot of money. Lots of upside though, I’m looking forward to seeing him progress over the next few years.

    • Not to mention the eye-rolling and head-shaking of the pundits and the denizens of the P-G Asylum who will moan “Same old cheap Pirates” when the club doesn’t go all-in on some free agent.

      • haha, exactly, just because they won’t pay 40-50% over market value for maybe, possibly one free agent, that could only pose a relative improvement of 5-10 games, when they’d need to win 20 to make the playoffs.

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