2011 Draft: Yankees sign third rounder Jordan CoteBy
The Yankees announced that they have signed third round pick Jordan Cote, though terms of the deal were undisclosed. I’m sure we’ll find out the size of his signing bonus soon enough, but there’s a pretty good chance it’ll be seven figures.
Cote, a 6-foot-5, 205 lb. high school right-hander from New Hampshire, was the highest ceilinged prospect the Yankees selected this year. Baseball America (subs. req’d) says his “fastball sits at 88-90 mph and touches 92, [but] adding strength and pitching in warmer weather should help bump his velocity, especially because he has great hand speed.” He also throws a curveball, slider, and changeup, but each needs work. “Cote has drawn comparisons to Chris Carpenter,” added BA, and “one scout said Cote has the highest ceiling of any pitcher in the Northeast.”
Update: Cote signed for $725k according to Keith Law, a very fair price. Honestly thought it might be double that.