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Tom Murphy Contract: Rockies Sign Catcher

The Colorado Rockies have agreed to sign third round pick Tom Murphy, a catcher out of Buffalo, as Jim Callis of Baseball America reports. Murphy receives a $454,000 signing bonus, the full recommended value for where he was selected.

Murphy was taken with the No. 105 overall pick in the draft by Colorado, a compensation pick that the team received as a result of failing to sign 2011 third round pick Peter O'Brien. He was the Rockies' fourth pick of the day after David Dahl, Max White and Eddie Butler.

For updates, stay tuned to SB Nation Denver. For more coverage, head over to Rockies blog Purple Row. To learn more about the latest MLB prospect news and ratings, drop byMinor League Ball with John Sickels.