New York Yankees Sign Ty Hensley

TRENTON, NJ - JULY 2: Brian Cashman, General Manager of the New York Yankees answers questions about Derek Jeter's first start of his minor league rehab with the Trenton Thunder in a game against the Altoona Curve on July 2, 2011 at Mercer County Waterfront Park in Trenton, New Jersey. Jeter is set to rejoin the Yankees in Cleveland on Monday in his return from a calf injury. (Photo by Rich Schultz/Getty Images)

The New York Yankees have come to an agreement with first-round pick Ty Hensley for $1.2 million, reports Jim Callis of Baseball America.

Hensley originally agreed to a $1.6 million bonus shortly after the draft, matching the assigned pick value for his 30th overall selection. But during his physical on June 8, an MRI revealed an abnormality in his right shoulder.

The 30th overall pick in last month's draft, Hensley has never experienced shoulder pain or an injury, but the abnormality was still enough to knock $400k off of his signing bonus. In a statement released by his advisor, Hensley insisted that he is in good health and excited to start playing professionally.

"At the end of the day I have decided that the best place for me to prove that this ‘abnormal’ is my ‘normal’ is on the field in pro ball, and I can't think of an organization I’d rather do it with then the New York Yankees. I feel blessed to be a part of an organization with such history and I’m ready to work!"

The 6' 5", 220-pound power right-hander out of Santa Fe High School in Edmonton, Oklahoma, consistently hits 92-95mph with his fastball and has touched 97mph at times.

With the signing deadline now less than 24 hours away, expect a lot of news on the signing front up to 5pm today. Just four first-round picks---Mark Appel, Kevin Gausman, Lucas Giolito and Richie Schaffer---remain unsigned with the chance of reaching an agreement today.

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Will Hensley's shoulder "abnormality" be an issue down the road?

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