Hot off the Wire news, rumors and tips

Cubs | Kris Bryant deal nowhere near done

Chicago Cubs 3B Kris Bryant, the No. 2 overall pick in the 2013 First Year Player Draft, is nowhere near an agreement with the organization, according to people familiar with the negotiations. Reportedly, Bryant is seeking more than the $6.7 million allotted to the No. 2 slot of the draft, while the Cubs are hoping to be closer to $6 million, in part because the No. 1 overall pick, Houston Astros SP Mark Appel, signed for $6.35 million. Scott Boras is the agent for both players, and he's apparently seeking a bonus for Bryant that's greater than Appel's.

Bryant could choose to return to play for the University of San Diego in hopes of becoming the No. 1 overall pick in 2014. Chicago is believed to be able to spend at least $7 million, based on how much of their draft allotment remains unspent. Their allotment is $10.56 million this year. If Bryant chooses not to sign, the Cubs cannot spend that money elsewhere, although they would receive a 2014 draft choice as compensation. Negotiations appear likely to push the July 15 deadline to sign draft picks.

2013-06-26 10:21:03 | Source: - Jon Heyman

Access more Kris Bryant news and rumors by clicking here....

What do you think? Sound off!

For additional MLB information, please view KFFL's MLB Hot off the Wire.

Fantasy Sports News

NFL Hot off the Wire News | MLB Hot off the Wire News | NASCAR Hot off the Wire News