ICYMI: Yankees Sign 3rd Round Pick Nolan Martinez

3rd rd pick Nolan Martinez gets $1.15 mil from @Yankees (pick 98 value=$608,200). HS RHP from Cali with solid 3-pitch mix @MLBDraft

— Jonathan Mayo (@JonathanMayo) June 23, 2016

In case you missed it, because surprisingly this did not get much attention, the New York Yankees signed their third round pick from the 2016 MLB First Year Players Draft Nolan Martinez. This is significant because unlike the majority of the second round pick Nick Solak and picks 4-10 (the rounds that affect the draft pool allocation) Martinez was a high school pitcher at the time of his drafting. Martinez is now in the fold leaving just #18 overall and the Yankees first round pick Blake Rutherford left to make his decision on whether to sign or not in the first ten rounds. Let's get to know Nolan Martinez a little.

Martinez came with a slot recommendation of $608,200 and ended up signing out of a California high school for $1.15 million. The Yankees saved over a million in slot money singing Solak and the rounds 4-10 guys and much of that money was thought to be allocated for Rutherford. Now with Martinez gobbling up basically $40K of it New York should still have more than enough to sign Rutherford (roughly $3.15 million available according to Mike Axisa and River Ave Blues) as well if he wants to sign.

Martinez is a solid pick with the 98th pick after Baseball American had the right-hander ranked as their 67th best prospect in the draft. Welcome to the family Nolan!