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Rockies sign Kyle Parker for $1.4 million

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As originally reported by Jim Callis of Baseball America, the Rockies have come to terms with their first overall selection of the MLB draft, signing Kyle Parker to a $1.4 million dollar contract near Monday night's deadline. Troy Renck tweets that the deal does allow Parker to continue to play football and the Rockies may have to let him try to juggle both sports for a season or two.

Earlier in the afternoon, it was also announced that the Rockies signed supplemental first round pick Peter Tago for $985,000.