Back to the Texas Rangers Newsfeed

Texas Rangers sign No. 2 overall pick Jack Leiter with $7.9M bonus

Second overall pick Jack Leiter signed Wednesday with the Texas Rangers, getting a $7,922,000 signing bonus that is the largest for a drafted pitcher in 10 years.

The deal for the right-hander out of Vanderbilt, and the son of former big league lefty Al Leiter, was for just above the recommended $7,789,900 slot for the second player taken in baseball's amateur draft on July 11.

That was the largest signing bonus for a pitcher since Gerrit Cole got $8 million after the Pittsburgh Pirates took him first overall in 2011. That was the last draft before Major League Baseball guidelines for signing bonuses of drafted players went into effect.