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Report: D-backs sign high schooler Felipe Perez

The Arizona Diamondbacks have signed high school right-handed pitcher Felipe Perez.

According to the Los Angeles Times, the D-backs exploited a loophole in the new collective bargaining agreement that allows for any high school player who was not drafted to be a free agent.

Perez, who attended Anaheim Fairmont Prep, was classified as a free agent because he was not drafted, making him eligible to sign until the first day of school at UCLA. The Diamondbacks signed him for a reported $400,000.

It is unclear where in the organization Perez will begin his professional career.