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Cubs sign top Draft pick Hoerner

CHICAGO -- The Cubs have finalized an agreement with first-round Draft pick Nico Hoerner. According to MLB Pipleline's Jim Callis, the Stanford shortstop will receive $2.724 million, which is the full slot value.

Hoerner was busy with final exams last week at Stanford, which delayed the process. The No. 24 overall pick was expected to begin his pro career with short-season Class A Eugene.

Hoerner batted .345 in 57 games with Stanford this past season, hitting 17 doubles, six triples and two home runs, while driving in 40 runs. A right-handed hitter, the junior from Oakland was named to the All-Tournament team in the NCAA regional.