Top Picks Funkhouser, Singer, Hughes, Cody Do Not Sign

The deadline for 2015 draft picks to sign is today at 5pm ET, and entering Friday, there were seven players from the top two rounds that remained unsigned: No. 1 overall pick Dansby Swanson; Dodgers top picks Walker Buehler (No. 24) and Kyle Funkhouser (No. 35); Brewers Competitive Balance (A) pick Nathan Kirby (No. 40); Blue Jays second-rounder Brady Singer (No. 56); Orioles second-rounder Jonathan Hughes (No. 68); and Twins Competitive Balance (B) pick Kyle Cody (No. 73).

Swanson, Buehler and Kirby have reportedly agreed to sign, but we’ll run down the list of top picks that have elected not to sign right here…

• Baseball America’s John Manuel reports (on Twitter) that Cody will not sign with the Twins and will instead return to Kentucky for his senior season. Minnesota will receive the No. 74 pick in this year’s draft.
• Singer will indeed attend college rather than sign with the Blue Jays, tweets Ben Nicholson-Smith of Sportsnet. As Baseball America’s J.J. Cooper tweets, this marks the third time in five seasons that the Blue Jays have failed to sign a first- or second-round pick. Toronto will receive the No. 57 pick in next year’s draft.

Earlier Updates

• Jon Heyman of CBS Sports tweets that the D-Backs have offered Swanson a bonus of $6.5MM or more, but he’s yet to decide on whether or not to accept. That’s about $2.116MM below the slot value at No. 1 overall. Swanson is reportedly being advised by Casey Close of Excel Sports Management.
• It “looks like” Singer will attend Florida rather than sign with the Blue Jays, reports Jon Heyman of CBS Sports (Twitter links). That’s not the same definitive type of report listed below, however, so there would at least appear to be room for the two sides to strike a last-minute deal in the final hour. The Blue Jays would receive the 57th pick in next year’s draft if the high-school righty elects college over pro ball.
• Funkhouser tweeted today that he will not sign with the Dodgers and will instead return to Louisville for his senior season. The college right-hander was at one point thought to be a potential Top 10 pick, but as Baseball America’s Teddy Cahill wrote last night, attrition of Funkhouser’s stuff as the draft approached caused his stock to slip. CBS Sports’ Jon Heyman reported that the Dodgers offered Funkhouser roughly $2MM, which was above his $1.756MM slot, though also considerably lower than the amount he’d have gotten without the late dip in his draft stock. The Dodgers will receive the No. 36 pick in the 2016 draft as compensation, and they’ll now turn their focus to signing Buehler, a right-hander out of Vanderbilt. Because Funkhouser did not sign, however, his $1.756MM slot value will be subtracted from the Dodgers’ allotted draft pool.
• MLB.com’s Jim Callis reports that Hughes will not sign with the Orioles and will instead Georgia Tech. A high school righty out of Georgia, Hughes’ No. 68 overall slot came with a value of $907K, though it’s not clear what sort of offer the Orioles made. Baltimore will be awarded the 69th pick in next year’s draft as compensation for failure to sign Hughes. Still, the loss of a top pick just one year after not picking until the third round (the Orioles forfeited draft picks to sign both Nelson Cruz and Ubaldo Jimenez) and just months after trading a Competitive Balance pick to the Dodgers to relieve themselves of Ryan Webb’s salary is a tough blow for the Baltimore farm system. They did, however, net an extra pick when Cruz, who had received a qualifying offer, signed in Seattle.