The Cubs have agreed to terms with their 2nd-round pick Jackson Ferris, the team announced Saturday morning. That means the Cubs have signed their top 10 picks, including the 7th overall pick, Cade Horton.

The only player the Cubs have not signed from the 2022 draft class is 19th round pick Brock Blatter.

Ferris is a left-handed pitcher from IMG Academy in Florida. He turned 18 in January and was 8-0 with a 1.33 ERA, 10 strikeouts and only 15 walks in 10 games during his senior season. MLB.com had Ferris pegged as the 19^th overall prospect in the draft.

The signing means Ferris will forgo his commitment to Ole Miss. Ferris hit 94-95 mph at the Perfect Game USA National Showcase last summer.

Signing both Horton and Ferris means the Cubs’ plan to save some money with a below-slot deal with Horton worked — they used the savings from the Horton signing on Ferris and away from his college commitment.

“This morning when we sat down with Jed [Hoyer] and Carter [Hawkins] and kinda mapped out what in our minds would be an ideal road map for how the draft would unfold, the first round, Cade was our prime target,” Cubs VP of scouting Dan Kantrovitz said the night of the draft. “I think when you get two arms like that — a high-ceiling, high school lefty that already has probably 3-4 pitches right now that work and somebody with an electric heater and a wipeout slider like Cade has, those are attributes that our pitching development infrastructure can’t wait to get their hands on.”

It’s the second year in a row the Cubs have drafted a pitcher from IMG Academy; they took Drew Gray in the 3^rd round in the 2021 draft.