Via K. Levine-Flandrup, the Yankees have signed third rounder Nathan Mikolas for $400k. Slot money for the 124th overall pick was $378k, so he managed to get an extra $22k. Good for him. Jeff Zampanti says they also gave him another $132k for future college costs, though that does not count against the draft pool.
Mikolas, a high schooler from Wisconsin, is a bat-first prospect with a smooth left-handed swing and power potential. He has a track record of hitting quality pitching with wood bats in showcase events. There’s a chance he could play left field long-term, but first base is more likely. Here’s some video. Mikolas is expected to join the Rookie Level GCL Yankees next week according to Zampanti. You can see all of New York’s draft picks at Baseball America and the latest draft pool info on our Draft Pool page.