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Posted: Monday August 17, 2009 2:29PM; Updated: Monday August 17, 2009 2:35PM

Padres close to signing No. 3 overall pick Tate

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It is believed the deal is worth about $6 million

Tate is a two-sport star who was also signed to play football at North Carolina

He recently left practice at UNC, a sign he was getting closer to a baseball deal

By Jon Heyman, SI.com

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The Padres and their No. 1 draft pick, outfielder Donavan Tate, are close to agreement on a deal. It is believed the deal is worth about $6 million.

Tate, who's been called a five-tool player, was the No. 3 pick overall in the June baseball draft.

Tate, a two-sport star from Georgia who was also signed to play football at the University of North Carolina, recently left practice at UNC, a sign he was getting closer to a baseball deal.

The deadline for drafted players to sign is midnight tonight.

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