MLB Draft 2016: Oakland A’s sign Cal Bears’ Daulton Jefferies, 25 of 41 picks

The Oakland Athletics have announced they have reached terms with 24 of their 41 selections in the 2016 MLB Draft, including 37th overall draft pick Daulton Jefferies out of the University of California, chosen in Competitive Balance Round A. Jefferies signed for $1.6 million, reports MLB.com's Jonathan Mayo, $145,700 under the $1,745,700 allocated for that slot in Competitive Balance Round A.

Additionally, Jim Callis of MLB.com reports that third baseman JaVon Shelby, Oakland’s fifth round selection out of Kentucky, signed an underslot deal for $275,000. Six of Oakland’s first 11 selections have reached an agreement.

So far, the Athletics have reached agreements with:

• 1 of 6 high school players.
• 0 of 2 junior college players.
• 0 of 1 four-year college sophomores.
• 10 of 18 four-year college juniors.
• 14 of 14 four-year college seniors and fifth-year seniors.

Oakland’s first and second round picks, A.J. Puk and Logan Shore, respectively, are both pitchers with the University of Florida, and won’t sign until after their team’s trip to the College World Series.

Oakland’s draft bonus pool is accumulated from players drafted in rounds 1 - 10. The A’s only receive bonus pool money if they successfully sign the player in each draft bonus slot, and if they sign all 11, their bonus pool will total $9,883,500. The team can spend up to 105% of its bonus pool, paying only a tax on the amount over 100%. Above 105%, teams forfeit their 2017 first round selection.

Players drafted in later rounds can sign for up to $100,000, and any overage is charged to the bonus pool.