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MLB Draft: Cubs agree to terms with 1st round pick Ryan Jensen

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Jensen and the Cubs came to a quick agreement, signing for slightly under slot.

Ryan Jensen
Ryan Jensen
Fresno State Athletics

The Cubs have reportedly come to an agreement with their first-round pick, right-handed pitcher Ryan Jensen of Fresno State. Jensen will receive a bonus of of $2 million, which is below the $2.57 million bonus pool money allocated for the 27th pick in the draft.

The Cubs can use the savings on bonus pool to sign other players for overslot deals, and it seems like those savings will go to their sixth-round pick, high school catcher Ethan Hearn, who agreed to sign for “second-round money,” which is a little over $1 million. Slot value for the sixth-round pick the Cubs used on Hearn is $247,000.

This quick agreement means that Jensen will report to Mesa immediately and will be able to work with the Cubs instructional staff as soon as he passes his medicals. He will also be available to report to short-season A ball in Eugene. However, Jensen has already pitched 100 innings this season in college so I wouldn’t expect anything more than a start or two in the Northwest League for Jensen this season.