PHILADELPHIA — The Cubs signed first-round draft pick Cade Horton, whom they selected seventh overall last Sunday, to a $4.45 million bonus Friday.
Horton, a right-hander from Oklahoma, signed for below slot value of roughly $5.71 million, allowing the Cubs to allocate extra money to later draft picks. The Cubs said they had signed eight of their first 10 draft picks as of Saturday afternoon — everyone except second-rounder Jackson Ferris and fourth-rounder Nazier Mulé.