The New York Yankees have signed first-round pick Blake Rutherford.

New York took him with the 18th overall pick earlier this month.

The Yankees will assign Rutherford to its Gulf Coast League affiliate.

Rutherford has signed for $3,282,000 -- significantly over the allotted slot bonus of $2,441,600 for his slot.

He is a left-handed-hitting prospect out of Chaminade College Preparatory School (CA).