Cubs Sign Duane Underwood

From on July 5, 2012

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The Cubs have signed second round pick Duane Underwood for $1.05MM, reports Jim Callis of Baseball America (on Twitter). Slot money for the 67th overall pick was $770K.

Underwood, a high school right-hander from Georgia, is said to run his fastball up to 98. Callis notes (on Twitter) that Chicago is $276K under their draft pool and can afford to pay sixth overall pick Albert Almora up to $3.9MM without forfeiting next year's first round pick.

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