Oklahoma quarterback signee Cody Thomas won't sign an MLB contract. PHOTO COURTESY OF THE DALLAS MORNING NEWS

NORMAN — Oklahoma quarterback signee Cody Thomas, who was selected in the 30th round of last week’s MLB Draft by the New York Yankees, won’t sign a professional contract, a source close to Thomas confirmed to The Oklahoman.

Thomas, a two-sport standout at Colleyville (Texas) Heritage High School, had been considered a top MLB prospect. Entering the draft, Baseball America ranked him as the draft’s 165th-best prospect, which would’ve placed him in the fifth round.

But Thomas’ desire to continue his football career made many teams leery of using a high draft pick on him.

Major League Baseball’s most recent Collective Bargaining Agreement, which went into effect before the 2012 draft, creates less incentive for clubs to use picks in the first 10 rounds on players who aren’t virtual locks for signing.