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Mark Appel, No. 1 MLB Draft pick, agrees to terms with Astros for $6.35 million, per report

The No. 1 overall pick will reportedly sign the largest deal since the new draft rules came into play.

Melina Vastola-US PRESSWIRE

Mark Appel and the Houston Astros have reached an agreement on the No. 1 draft pick's bonus figure, which will be worth $6.35 million, Jim Callis of Baseball America is reporting.

Reports earlier on Saturday stated that Appel and Houston reached an agreement worth more than $6 million, but Houston denied the reports. Appel is expected to sign the deal early next week.

More Astros Coverage: Crawfish Boxes on the Appel Signing

Byron Buxton, the No. 2 overall choice last season, signed for $6 million with the Minnesota Twins, a record Appel would break. The former Stanford Cardinal will certainly shatter the record for a bonus given to a college senior; Matt LaPorta set the previous record with a $2 million bonus as the No. 7 pick in 2007 with the Milwaukee Brewers.

Appel is expected to receive $2.55 million more with the Astros than he would have last season if he signed with the Pittsburgh Pirates. Pittsburgh selected Appel with the No. 8 pick.

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