It's "nearly certain" that the Blue Jays will not sign first rounder Tyler Beede, a right-handed high school pitcher out of Massachussets and the 21st overall pick, who will instead honor his commitment to Vanderbilt, a source tells Jonathan Mayo of MLB.com.
Beede was expected to be a tough sign, according to Mayo, and was considered an aggressive selection at No. 21 overall. If the Jays do not sign Beede, he would not be eligible for the draft again till 2014, and Toronto would receive a compensation selection in next year's draft, the 22nd overall pick.
A source tells Jim Callis of Baseball America that the situation is "not that dire" (Twitter link), while Keith Law of ESPN.com wonders (via Twitter) whether this is a ploy by Toronto to thwart an MLB investigation, as the Jays were suspected of having an illegal pre-draft agreement in place with Beede.
Click here for our comprehensive list of the signing status for each first and supplemental rounder.