The White Sox have agreed to terms with No. 3 overall pick Carlos Rodon on a bonus north of $6.45MM, reports Jon Heyman of CBS Sports (on Twitter). The slot value of the No. 3 overall pick is $5.7215MM, so his bonus will be more than $700K over slot. Jeff Gravley of WRAL-TV tweeted earlier today that Rodon is traveling to Chicago today for a physical, which will take place tomorrow. He is expected to join the Class-A Advanced Winton-Salem Dash, according to Gravley. Rodon is advised by Scott Boras.

Rodon, a left-hander out of N.C. State, was long considered a possibility to go first overall, but he slipped to the No. 3 pick behind prep lefty Brady Aiken and prep righty Tyler Kolek. Rodon ranked third on Baseball America’s list of Top 500 draft prospects, while MLB.com and Keith Law of ESPN both ranked him second.