Hull City have snapped up teenage goalkeeper Mark Oxley from Rotherham United for an initial fee of £150,000.
Oxley had not made a first-team appearance for Rotherham, but had been on the bench on several occasions last season.
He is an England youth international and Rotherham could receive further payments depending on the keeper's progress.
Millers boss Mark Robins admits there were several teams who had been showing an interest and feels the deal is good business for the League Two club.
"We have had some interest in Mark from a number of clubs and we received an approach, which came from Hull City," Robins told the club's official website.
"We have looked at the offer and we feel that it is a very good deal for the club.
"We are getting a large percentage of the fee up front and if Mark continues to progress then it will benefit us further on in the future."