JULY 7: The “sense” is that Stewart will attend a junior college in Florida, not Mississippi State, Kiley McDaniel of FanGraphs reports on Twitter. If that happens, Stewart will be eligible for next year’s draft, McDaniel adds.

JULY 6: The Braves and first-round draft choice Carter Stewart failed to put pen to paper in advance of today’s 5pm EST deadline, Jon Heyman of Fancred was first to tweet.

Stewart, a Florida high-schooler, entered the draft graded as one of the top eligible hurlers. He had dealt with a wrist injury late in the season, though it was not something that led to any expectations of a ding in his draft stock. Indeed, it seemed there was not much to worry about when the Braves took Stewart eighth overall.

Unfortunately, it seems that a closer look at the medicals has enhanced the concerns for the Atlanta organization. MLB.com’s Mark Bowman tweeted that it was a “definite concern” for the Braves, noting that player and team never really were close on numbers entering the final signing day.

The eighth overall pick came with a $4,980,700 allocation. The Braves will only get a compensatory pick next year — at one slot lower than the existing selection (#9) — if they offered Stewart at least 40% of the slot value (i.e., $1,992,280).

The Braves kept their offer “a lot closer to the 40% threshold than to pick value,” according to MLB.com’s Jim Callis (Twitter link), which explains why a deal did not come together. But that also indicates that enough cash was put on the table to ensure that the club will get another top-ten selection next year. Stewart will presumably honor his commitment to Mississippi State, though there’s no clear indication yet as to his immediate future.