Phillies sign first-round draft pick Gage Wood, a pitcher from Arkansas, for $3 million.

The Philadelphia Phillies have signed their first-round draft pick, Gage Wood, a pitcher from the University of Arkansas. Selected 26th overall, the 21-year-old has signed a $3 million contract and is eager to begin his professional career, heading to the team's training complex in Clearwater, Florida. Despite primarily being a reliever in college, the Phillies view Wood as a potential starter.