The slot value for the pick -- 60th overall -- is $1,025,900. Neidert was Seattle's first selection in last week's Draft.
The right-hander out of Peachtree Ridge High School in Lawrenceville, Ga., is considered to have an advanced changeup to go along with a fastball that touches 96 mph.
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Neidert was a Perfect Game First-Team All-America this season.
Joey Nowak is a reporter for MLB.com. Follow him on Twitter at @joeynowak. This story was not subject to the approval of Major League Baseball or its clubs.