Draft Update: Alvarez Deal On The Rocks

11:10 PM: Rob Neyer of espn.com dives into the Pedro Alvarez situation.  Neyer points out that back in 1996, Boras fould a loop-hole in the amateur signing system that resulted in four of his clients becoming free agents and making more money than they would have if they stayed with their drafted club, so this may not be as obvious as it seems.  Neyer confirms that the final contract allegedly reached between Alvarez and the Pirates was done so without Boras and this fact could possibly hurt Boras's credibility with future amateurs if his presence as an advisor doesn't really garner a larger signing bonus.

7:49 PM: Jonthan Mayo of mlb.com did some digging today to try and get some more answeres on the Pedro Alvarez situation. Mayo reports that the deal was finalized by Pirates with Alvarez, directly, without Boras's involvement. Allegedly Eric Hosmer agreed to his deal after the deadline, but Mayo tells us that Hosmer has signed his contract already and is playing.

3:40 PM: Jennifer Langosch reports that Scott Boras is asking for an additional $200K to Pedro Alvarez's signing bonus so that it matches Buster Posey's. Boras is also claiming that the contract was agreed upon after the August 15th, 11:59pm deadline making it void.

2:07 PM: Yesterday, word from the Pirates was that #2 overall pick Pedro Alvarez had not yet arrived in Pittsburgh for an introductory press conference and/or physical. Dejan Kovacevic reports today that Alvarez's advisory, Scott Boras, is now saying that Alvarez will no longer agree to the deal they signed on August 15th.