Cincinnati Reds sign 1st round draft pick Nick Lodolo

The Cincinnati Reds made Texas Christian University southpaw Nick Lodolo their prize acquisition in last week’s MLB Draft, selecting the 6’6” LHP with the #7 overall pick. According to the Reds themselves, they’ve officially come to terms with Lodolo, and even have snazzy press conference pics to prove it!

There had been scuttlebut immediately after the draft that Lodolo and the Reds were set to come to an agreement for the full slot value of some $5.43 million, though the precise terms of this particular contract have not yet been announced. Considering that the Reds went to almost double slot value to sign their 3rd round pick, Tyler Callihan, for some $1.5 million, it remains to be seen exactly whether they can get those two under contract alongside their talented 2nd rounder, Rece Hines, who has a commitment to play for college baseball powerhouse LSU should he not get a life-changing bonus.

We’ll relay information as it continues to come in. For now, though, let’s welcome the top lefty pitching prospect in the entire system to the Cincinnati Reds farm, and hope he can breeze his way to the big leagues in short order.

** UPDATE **

Per MLB.com’s Mark Sheldon, the Reds and Lodolo did, in fact, come to an agreement for the full $5.43 million slot value.