TODAY: Hankins’ bonus is worth $2,246,022, as per Fancred’s Jon Heyman (Twitter link).

MONDAY: The Indians have struck agreement with supplemental first-round pick Ethan Hankins, the right-hander told Ian Frazer of the Forsyth County News (via Twitter) after the Indians Prospective Twitter account tweeted that a deal was in place. The bonus value remains unknown.

Hankins went to Cleveland with the 35th overall pick, which came with a $2,016,400 slot value. Some uncertainty as to his status had arisen of late, with the Vandy commit moving to prepare for potential junior college matriculation. Instead of taking either of those routes, he’ll turn professional if the deal is finalized following a physical.

While the agreement is a significant one for the Indians, the team still has some work to do. First-round pick Noah Naylor remains unsigned, as does fifth-rounder Steven Kwan.

Hankins drew a range of grades from draft pundits. The Georgia high-schooler stood at 18th on the Baseball America board but was graded at #40 by Fangraphs. All agree that Hankins looked like a top-of-the-draft talent last summer, with varying levels of concern over his more recent showing following a shoulder injury.