The Philadelphia Phillies could use one of their top pitching prospects as trade bait to chase after the star players they want at the upcoming trade deadline.

The Philadelphia Phillies are in a tight race for the top spot in the National League East with the New York Mets. Entering play on Wednesday, they led by just a half-game. The Phillies are expected to be buyers at this year's trade deadline and will look to make a run towards their first World Series title since 2008.

Gage Wood, the Philadelphia Phillies' first-round draft pick, officially signed a minor league contract with a $3 million signing bonus.

After Gage Wood threw the third no-hitter in Men’s College World Series history last month, he didn’t have much to say. Sure, the right-hander helped Arkansas stave off elimination in Omaha, Neb., and he had done it in a historic fashion with a 19-strikeout performance.

Gage Wood threw a no-hitter with Arkansas at the Men's College World Series last month, and now he has officially joined the Philadelphia Phillies' farm system.