Click here for the restCHICAGO -- The Angels and Jered Weaver came to terms at the 11th hour.
With Monday's 9 p.m. PT deadline looming, Weaver, whom the Angels selected 12th overall in last year's First-Year Player Draft, agreed to terms on a Minor League deal. Details of the contract were not disclosed.
"It has taken a while, but finally, at the deadline, we got a deal done with Jered Weaver," general manager Bill Stoneman said.
Negotiations were lengthy and really did not begin in earnest until early this year. By Spring Training, it appeared the chance of the two sides finding a common ground and coming to terms was remote, as a reported $2 million gap remained on a Major League contract. Weaver and his agent Scott Boras dropped their asking price further. Stoneman, however, would not increase the team's offer of $5.25 million.
Baseball America
Minutes before the midnight Eastern Time deadline before they would have re-entered the draft, 2004 first-rounders Jered Weaver and Stephen Drew agreed to terms late Monday night and ended the longest holdouts in draft history.
Weaver, a former Long Beach State righthander selected 12th overall by the Angels, accepted a $4 million bonus pending a physical. Los Angeles scouting director Eddie Bane said Weaver likely would begin his pro career at high Class A Rancho Cucamonga.
"Now everybody's happy," Bane said. "We can just talk about baseball now. We're pretty excited."
Drew, a former Florida State shortstop, signed a five-year big league contract with the Diamondbacks, who took him 15th. Drew will receive a $4 million bonus over to be paid over four years and is guaranteed a minimum of $5.5 million. He also can make another $2 million in incentives that a source close to the negotiations describes as easily attainable.