6:00pm: Buxton obtains a $6MM bonus, Jim Callis of Baseball America reports.
TUESDAY, 8:30am: Buxton's bonus will surpass that of first overall selection Carlos Correa, Ben Goessling of the Pioneer Press reports.
MONDAY: The Twins have reached an agreement with second overall pick Byron Buxton, pending a physical, according to La Velle E. Neal III of the Minneapolis Star Tribune. Buxton arrived in the Twin Cities on Monday and will take his physical tomorrow.
There are no details on Buxton's signing bonus as of yet, but the recommended slot for the No. 2 overall pick is $6.2MM. With No. 1 overall pick Carlos Correa signing well under slot, there's a chance that Buxton could receive the largest bonus of the 2012 draft.
Neal reports that Buxton will likely report to the Twins' rookie league team in Fort Myers, Fla., and that he could advance to Minnesota's Appalachian League affiliate in Elizabethton, Tenn. It was reported over the weekend that the two sides were near an agreement.