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Wednesday, June 20, 2012
Cubs sign draft's 43rd overall selection

By Doug Padilla

CHICAGO – The Cubs said the signing of compensation-round draft pick Pierce Johnson is now official, giving the club exactly half of their 42 draft picks under contract.

As the 43rd overall pick, the right-hander Johnson, out of Missouri State, is the highest selection the Cubs have come to terms with. Baseball America reported that Johnson signed for $1.2 million, the full value of his spot in the draft.

The Cubs still have yet to sign first-round pick Albert Almora, a high-school outfielder from Florida, who was the sixth overall selection. All indications are, though, that the Cubs will come to a deal with Almora before the July 13 deadline.