[ThePundit]

The Kansas City Royals agreed to a contract with Mike Moustakas, the No. 2 overall pick in this year's draft, 11 minutes before the midnight deadline Wednesday.

Moustakas gets a $4 million signing bonus.

A Royals spokesman told The Associated Press that agent Scott Boras called general manager Dayton Moore at 11:49 p.m. EDT to say the deal had been struck for Moustakas, a power-hitting infielder out of Chatsworth High School in the Los Angeles area.

The 6-foot, 195-pound shortstop batted .577 during his senior season, breaking the state high school record for career (52) and single-season (24) home runs.

Under a new baseball rule this year, if the sides had not reached agreement by midnight, the Royals would have lost the rights to Moustakas.

Royals sign No. 2 overall pick 11 minutes before deadline - MLB - Yahoo! Sports

4 million dollar bonus, huh? I guess the Royals blinked, first.

[azrael492]

Was he another client of Boras or are all agents getting these deals now??