CLEMSON – Kyle Parker returned to his parents’ home in Augusta, Ga. this afternoon to negotiate with Colorado. Today marks Major League Baseball’s signing deadline for draft picks.

Reached by The Post and Courier on Monday afternoon, Parker’s father, Carl, said he expects negotiations to go down to “the 12th hour” and indicated the sides remain far apart less than 11 hours until the deadline.

If the Rockies do not sign Parker they receive a compensation pick in next year’s draft, a selection falling between the first and second rounds. If Parker goes unsigned he might not be taken as high in the MLB draft next season, which is considered a deeper class, and he would lose some leverage by running out of college baseball eligibility.

“The person that wins in a game of chicken is the one with nothing to lose,” Carl Parker said.

Carl Parker said there was a “clear number” of what it would take to pry Clemson’s two-sport star away from football when he was selected 26th overall by Colorado in June.

“People made inferences,” Carl Parker said of signing demands. “We’ve been very consistent.”

The Parkers set a July 20 deadline for the Rockies to buy out Parker from football for this fall, with Parker turning down a $2.25 million signing bonus. Carl said Kyle “didn’t feel comfortable” giving up football for those dollars.

A source close to the Rockies believes the Parkers are asking for $3 million and believes the Rockies might increase their offer to $2.5 million, a deal that would not allow Parker to play football beyond this season.

While not ruling anything out, Carl Parker indicated it might become difficult to complete a “creative” deal that allows Parker to sign with the Rockies and continue playing football beyond the 2010 season.

Though the sides are far apart, things can change quickly.

Over half of the MLB’s first-round picks remained unsigned, and teams typically wait until the final hours to increase their offers substantially. Only two first-round picks went unsigned last year.