The Chicago Cubs have agreed to a deal with Ed Howard, the 16th overall pick in the Major League draft.
The deal is still being finalized, but Howard's slot value was $3,745,500.
Howard is a graduate of Chicago's Mount Carmel High School.
"I was looking forward to it. I wanted to be a hometown kid," Howard said after being selected. "I'm excited it's with the Cubs. I think that's a great organization. I watch a lot of Cubs games, follow them, know a lot of their players and things like that, so I’m excited to be a hometown guy. It's special."