7:25pm: The Cubs have not reached an agreement with Baez, according to Paul Sullivan of the Chicago Tribune (via Twitter).
6:48pm: The Cubs have agreed to terms with shortstop Javier Baez, the No. 9 overall selection in this year's draft, according to Kendall Rogers of Perfect Game USA (via Twitter).
The terms of the contract have not yet been announced. MLB's slot recommendation for the No. 9 pick is $1.962MM, according to Baseball America.
Baez, 18, was selected out of Arlington Country Day School in Jacksonville, Fla. He was the fourth position player and second shortstop taken, the first being Francisco Lindor, whom the Indians took at No. 8. Per our list of first and supplemental rounders, Baez becomes the 11th first-round selection to agree to terms or sign.