Yankees Sign 2020 First-Round Draft Pick Austin Wells

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By WFAN Sports Radio 101.9 FM/66AM New York

Austin Wells is officially a New York Yankee!

The former University of Arizona catcher revealed his signing on his Twitter account, Tweeting a picture of him inking his pro contract on Thursday night, and the team officially announced the deal early Friday afternoon.

Officially a Yankee! ✔️ #GoYanks pic.twitter.com/7JLtqZ29mr

— Austin Wells (@wellsius16) June 26, 2020

The Yankees do not release terms of their draft signings, but YES Network’s Jack Curry reports that Wells’ bonus was $2.5 million, just above the $2.493 million allocation for his draft slot at No. 28 overall.

The slot value for the 28th pick in the first round was $2,493,900 so that’s essentially what Austin Wells received from Yankees at $2.5M.

— Jack Curry (@JackCurryYES) June 26, 2020

You can read more about Wells in our original draft profile.

Wells is the first of the Yankees’ three draft picks to sign a deal so far, according to MLB.com’s Draft Tracker. Their final two draft spots carry a total value of $1,021,600, so subtracting $7,000 for Wells’ overage, the team has just over $1.01 million – plus a five percent penalty-free overage allowance on their total pool, which adds roughly $176K more – to sign third-round pick Trevor Hauver and fourth-round pick Beck Way.

Follow Lou DiPietro on Twitter: @LouDiPietroWFAN

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