The Rangers agreed to terms with top draft picks Kevin Matthews and Zach Cone, tweets Jeff Wilson of the Fort Worth Star-Telegram. Matthews gets $936K, while Cone gets $873K. Both players signed for slot.
Matthews, a high school lefty, was the last pick in the first round, 33rd overall. The Rangers received the pick from the Phillies as part of the compensation for the loss of Cliff Lee. ESPN's Keith Law considers Matthews one of the biggest reaches of the first round. Baseball America says the consensus is that the southpaw will end up a reliever. Matthews is one of three first round picks to sign so far; check out our list here.
Cone, an outfielder from the University of Georgia, went four picks later in the supplemental round. He represents the other part of the Lee compensation. Baseball America says scouts question his pitch recognition, but he profiles as an above-average defensive center fielder with "solid raw power and strength" and good athleticism. Cone is represented by the Boras Corporation.