The Twins used their first pick on North Carolina shortstop Levi Michael -- the No. 30 overall pick in the Draft -- before selecting third baseman Travis Harrison from Tustin High School (Calif.) and right-hander Hudson Boyd from Bishop Verot High School (Fla.) in the compensation round.
"Our top three picks remain unsigned, but that is not uncommon among clubs at this time of year," Smith said. "We have maintained good communication with all three players and their families and expect productive talks through the weekend."
Teams have until 11:01 p.m. CT on Monday to come to terms with their draftees, meaning official notification has to be in the Commissioner's Office when the clock strikes midnight. A team that does not sign its first- or second-round pick will receive a compensatory pick in the 2012 Draft. That selection will come at the same slot, plus one. In other words, if a team doesn't sign the No. 9 overall pick, it would receive the No. 10 pick -- technically 9A -- the following year. A team does not receive a 2012 pick if it does not come to terms with a selection made with a compensation pick this year.
The Twins then would only receive a compensatory pick if they fail to sign Michael, as Harrison was compensation for losing Orlando Hudson to free agency and Boyd was compensation for the departure of Jesse Crain via free agency.
Michael, who hit .289 with a .434 on-base percentage and 15 stolen bases in 65 games with the Tar Heels as a junior this past seaosn, was the first college position player selected by the Twins in the first round of the First-Year Player Draft since the club took San Diego State first baseman Travis Lee with the No. 2 overall pick in 1996.
Harrison, the No. 50 overall pick and a University of Southern California commit, hit .486 with 13 home runs during his senior season at Tustin High School.
Boyd, selected No. 55 overall and a University of Florida commit, posted a 0.44 ERA with 131 strikeouts and 26 walks in 80 innings in his senior year at Bishop Verot High School.