``We have reached an agreement regarding Barret Loux's status that is mutually beneficial to the parties. Today Commissioner Selig has announced that Loux will become a free agent on September 1. As such, he will be free to sign with any Major League Club at that time. In addition, the Arizona Diamondbacks will receive a Supplemental Selection in the 2011 First-Year Player Draft. The agreement also provides an opportunity for the Commissioner's Office and the Players Association globally to the address the issues that can arise from questions concerning a drafted player's health. Given the private nature of the underlying disagreement here, neither party will be making any further public comments about this situation.''
Loux to become free agent