Cards' third-round pick Megill elects not to sign

Cards' third-round pick Megill elects not to sign

ST. LOUIS -- Trevor Megill, a third-round pick by the Cardinals in the 2014 First-Year Player Draft, has informed the organization that he intends to return to Loyola Marymount University in California for his senior season instead of signing with St. Louis, general manager John Mozeliak said on Friday.

The Cardinals knew there was risk in using the 104th overall selection in the Draft on Megill, who missed his entire junior season while recovering from Tommy John surgery. He recently began pitching in the Cape Cod League to begin proving his health and potential, and Cardinals scouting director Dan Kantrovitz was among those in attendance for Megill's first outing.

Ultimately, though, Megill was seeking more than the Cardinals were willing to offer.

"We had discussions with him a few days ago and he indicated there was distance in perceived value," Mozeliak said. "We were basically instructed not to make any offers, so we didn't. And ultimately, he's chosen to go back to school."

Mozeliak later clarified that the organization did make an initial offer, after which came the response that a counteroffer need not be made.

By not signing Megill, the Cardinals will net an extra pick in the 2015 Draft, which will come immediately after the third round. The Cardinals do, however, lose $504,400 from their pool of Draft bonus money this year. That was the slot money attached to the No. 104 pick.

Jenifer Langosch is a reporter for MLB.com. Read her blog, By Gosh, It's Langosch, and follow her on Twitter @LangoschMLB. This story was not subject to the approval of Major League Baseball or its clubs.