With the new CBA in effect for the first time for the 2007 draft, all draft picks must be signed by Wednesday or they go back in to next year's draft.
According to Baseball America the Indians have not signed 27 picks, including 4th round pick T.J. McFaland and 7th round pick Cole St. Clair.
I have read speculation that many teams have deals agreed to with picks, but have not announced them as they are above slot deals.
I have not read any speculation in any of the local papers about where the Indians are. Perhaps we can use this diary to post updates over the next few days as they become available.