Rockies sign third overall draft pick Jonathan Gray under slot

Jonathan Gray dominated for Oklahoma this season.
Jonathan Gray dominated for Oklahoma this season. (USATSI)

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The Colorado Rockies have agreed to terms with their first-round draft pick -- and third pick of the entire draft -- starting pitcher Jonathan Gray. According to a source of my colleague Jon Heyman, Gray has signed for about $4.8 million, which comes in under the slot value of the third overall pick ($5,626,400).

So the Rockies score yet another victory with Gray.

Gray was expected to be among the top two picks in the draft, but the Cubs elected to go with the best power hitter in the draft in third baseman Kris Bryant, leaving the power arm of Gray available.

Gray finished the season 10-3 with a 1.64 ERA and 147 strikeouts in 126 1/3 innings for the Sooners. He's 6-foot-4, 239 pounds with a high-90s fastball along with above average slider and changeup.

"Pretty crazy," the new millionaire said after signing (AP). "It still hasn't hit me yet."

CBS Sports Writer

Matt Snyder has been a baseball writer with CBS Sports since 2011. A member of the BBWAA, he's now covered every World Series since 2010. The former Indiana University baseball player now lives on the... Full Bio

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