Matt Shaw was selected as the 13^th overall pick in the 2023 MLB Draft by the Cubs less than a week ago and has reportedly made it official with the organization on Friday afternoon. 

Shaw and the Cubs agreed to terms on a $4,848,500 signing bonus, the full value of the 13th pick, according to Jim Callis of MLB Pipeline. 

1st-rder Matt Shaw signs w/@Cubs for $4,848,500 (full pick 13 value). @StanfordBSB SS, one of best offensive packages in @MLBDraft, can hit for average & power & has plus speed, @OfficialCCBL MVP & batting champion last summer. @MLBDraft pic.twitter.com/GIkJ76Yyxv

— Jim Callis (@jimcallisMLB) July 14, 2023

The shortstop from the University of Maryland had an exceptional final collegiate season in which he finished with a 1.142 OPS, 24 home runs, 18 stolen bases and 69 RBI and was named the Big Ten Player of the Year and a consensus All-American.

He also competed in the prestigious Cape Cod League in summer 2022 and was named the Cape Cod Summer Player of the Year after he hit .360/.432/.574 with 5 home runs and 21 stolen bases.