UPDATE!: 

Bobby Kay, Anthony’s brother, has tweeted a picture:

Signing day @Mets pic.twitter.com/mTrhvnA6to

— Bobby Kay (@BKayZone) July 13, 2016

And Jim Callis with the Bonus and the details:

1st-rder Anthony Kay signs w/@Mets, $1.1 mil. Pick 31 = $1,972,100, physical raised elbow concerns. Connecticut LHP, very polished @MLBDraft

— Jim Callis (@jimcallisMLB) July 13, 2016

Original Post 1:57 PM:

As the draft signing period comes to a close friday, we have a few guys remaining to be signed by the Mets, and the most looming is #31 pick Anthony Kay, the left handed pitcher from UConn. Mets and Kay nearly gave us a heart attack after signing Planck to $1,000,001 yesterday, making the Mets $954,901 over slot, should they not sign Kay.

Signing Kay breaks free the slot money designated for him at $1,972,100. At the current time, they are 14% over slot without his money, so if they don’t sign Kay, they are at risk to being taxed at 100% over and losing their first and second round pick for the 2017 draft, according to MLB Trade Rumors.

Heyman reported he is close.

Anthony Kay, lhp, U Conn, No. 31 overall pick, is close to signing with the mets

— Jon Heyman (@JonHeyman) July 13, 2016

Should the Mets sign Kay, they have $1,017,199 to work with that is left in their pool to sign Kay. They can also go over up to 5% to 1,400,784 and be taxed at 75% for the overage only. I understand if the money concept may be confusing.

We will see what happens, and why he took under slot by such a large margin. Rumors have been swirling around his physical, but we’ll see…

This is his scouting report from Baseball America:

A 29th round pick of the Mets out of high school, Kay was one of three promising Long Island prep arms, with Stephen Woods and Matt Vogel also showing promise. All three chose to go to college, and Kay has emerged as the best of the group. The ace of UConn’s staff, Kay throws three pitches for strikes. His fastball works in the low 90s and touches 95 early in his starts. Scouts see his changeup is an above-average or plus pitch; it shows both fade and tumble and generates swings and misses from righthanded hitters regularly. Kay has a tendency to throw his changeup from a slightly lower arm slot, giving scouts concerns that elite hitters will be able to see the pitch coming. He throws a breaking ball with slurvy shape. Kay usually throws the pitch against righthanded hitters, and has not thrown it with conviction this spring. Kay is on the shorter side, standing at 6-foot, but he has a wide, sturdy build.