MLB.com's Jim Callis reported that the deal was for $1,431,400, which was the full slot value.
Young will be assigned to the D-backs' Rookie level Arizona League team.
Steve Gilbert is a reporter for MLB.com. Read his blog, Inside the D-backs, and follow him on Twitter @SteveGilbertMLB. This story was not subject to the approval of Major League Baseball or its clubs.