4:09pm: Chico Harlan of the Washington Post says the deal includes a $1.6MM bonus. This is less than the recommended bonus for the slot. Typically players drafted 10th have received bonuses of $2MM or a bit more.
11:13am: MLB.com's Bill Ladson reports that the Nationals have agreed to terms with Drew Storen, who they selected 10th overall in yesterday's portion of the draft. Terms of the deal aren't known. Some believe Storen could make the big leagues quickly, as he was a reliever in college.
Pete McElroy of MASN reports that Storen's open to starting or relieving in the Nationals' system. He struck out 66 batters in just over 40 innings of college ball this year, but he would start if that's Washington's preference.
The Nationals ensured Storen has ample time to develop in the minor leagues by agreeing to terms with him quickly. Negotiations with Stephen Strasburg, their other first round pick, are expected to continue until the August 17th deadline.