According to Bob Elliott, a baseball columnist for the Toronto Sun, the New York Yankees have officially signed second round draft pick Jeff Degano.
Yankees sign 2nd pick LHP Jeff Degano (Surrey, BC). Indiana State for $650,000 signing bonus #Yankees #Sycamores
— bob elliott (@elliottbaseball) June 23, 2015
According to Elliot, The Yankees signed the southpaw to a $650,000 signing bonus, which is significantly less than the $1,074,400 bonus slot value for the 57th overall draft selection.
Degano, a native of Surrey, British Columbia, was a member of the Indiana State University Sycamores from 2013-2015.