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CHICAGO -- The Chicago Cubs have agreed to terms with No. 2 overall draft pick Kris Bryant, avoiding a Friday deadline for draftees to sign with their clubs, according to a source familiar with the negotiations.
The deal is for $6.7 million, highest for a draft pick in this year's class.
Bryant took his physical on Wednesday, and the deal will officially be announced on Friday, according to the source..
General manager Jed Hoyer wouldn't confirm the signing but did propose a hypothetical about where Bryant would play this summer if he signs before Friday.
"We need to get a feel for how rusty he is," Hoyer said Wednesday. "It's late May-ish since he played his last game. Once we get a feel for his conditioning, we'll get a feel for what the right path is. He'll start at the low levels. We're hopeful he can move quickly through those."
That means expect Bryant to begin his pro career at Short-A ball in Boise, Idaho, before moving on to Kane County.
Bryant, 21, led all college players with 31 home runs this season while playing third base for the University of San Diego.
ESPNChicago.com's Bruce Levine contributed to this report.