The St. Louis Cardinals are close to signing the last remaining prospect in their 2012 MLB Draft class, as Derrick Goold of the St. Louis Post-Dispatch is reporting the team has a deal in place with sixth-round pick and right-handed pitcher Kurt Heyer. The deadline for signing prospects is July 13, and Goold noted that St. Louis will not confirm the contract until Thursday after Heyer passes his physical. The terms of the deal are not known, but if the team stays close to the league-recommended slot value they will stay within their allotted draft pool cap. A harsh tax kicks in for any dollar amount the team goes over the draft pool cap, and if they exceed the cap by five percent they lose a draft pick next season, so it is expected that the deal with Heyer will keep the team under the spending cap.
Some news with your coffee: #Cardinals reach deal with 6th-rnd Heyer bit.ly/MfDsYk That completes draft signings for club #stlcards
— Derrick Goold (@dgoold) July 10, 2012
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