The Rockies have signed Jonathan Gray, the No. 3 pick in last week's draft, to a contract.

"It feels great. A huge relief, and I'm ready as soon as possible to go out and play," said Gray, who is the highest selection to sign thus far.

Gray will join the Rockies' rookie league team in Grand Junction.

Baseball America reported that Gray received a $4.8 million signing bonus, below the assigned slot value of about $5.6 million but still a record for the Rockies.