Via James Edward, the Yankees have agreed to sign 18th round pick Brady Lail for a $225k bonus plus another $135k in future college money. The two sides hammered out the deal at an Arizona steakhouse on Friday and the contract will become official tomorrow.

Lail, a high school right-hander from Utah, is a classic project arm at 6-foot-3 and 170 lbs. with a fastball that ranges anywhere from 86-94. He also throws a true knuckle-curve and the occasional changeup, but both pitches — as well as his command — need work. Here’s some video. Since Lail was drafted after the tenth round, $125k of his bonus will count against the draft pool. You can see all of the team’s draft picks at Baseball America and keep tabs on the draft pool situation with our 2012 Draft Pool page.