He gets 8 millions signing bonus with a minor league deal. However, the No.2 pick, Danny Hultzen from Virginia, gets 6.35 millions, but with 5-year major league contract. Scott Boras couldn't do better for Cole?
BTW, No.3 pick, Bauer, didn't drag out until the last minute to sign. He signed much earlier with 3.4 million signing bonus. I think it goes to show money isn't the priority for him and he just wanted to get it done soon so he can focus on baseball. He's already promoted to AA.