Austin, 20, has earned praise this year playing for Class A Charleston in the South Atlantic League. A 13th-round selection in the 2010 First-Year Player Draft from Congers, Ga., Austin will suit up for the United States team.
Yankees general manager Brian Cashman recently mentioned Austin as the Minor League player in the club's organization that he is most excited about.
"We've got a lot of prospects on that Charleston club, and he's stepped up and so far had the biggest season out of that group of guys," Cashman said.
After playing two Gulf Coast League games in 2010, Austin batted .354 with six home runs and 36 RBIs for the GCL Yankees and Class A Staten Island in 2011.
Austin has settled into a corner-outfield spot after entering the Yankees' system as a third baseman, bumped by the emergence of fellow prospect Dante Bichette Jr., and has established himself as one of the biggest power threats in the South Atlantic League.
Entering play on Wednesday, Austin was batting .336 with 14 home runs and 50 RBIs. He led his league in slugging and OPS, and he was tied for the lead in homers while standing sixth in batting average and seventh in RBIs.
The Yankees will also have other representation at the Futures Game. Bernie Williams has been selected to serve as the manager for the World Team, while Trenton Thunder manager Tony Franklin will serve as a coach for the U.S. Team.
The 14th annual Sirius XM All-Star Futures Game can be seen live on MLB.TV, ESPN2 and ESPN2 HD and followed live on MLB.com's Gameday on Sunday, July 8, at 5 p.m. ET. In addition, XM Radio will broadcast play-by-play coverage of the event live on MLB Network Radio XM 89. MLB.com will also provide complete coverage before, during and after the game. Fans can stay updated by following @MLBFutures on Twitter and can send/receive tweets to/from the U.S. and World team dugouts during the game by following @USDugout and @WorldDugout.
Major League Baseball, along with the Major League Baseball Scouting Bureau, MLB.com, Baseball America and the 30 Major League baseball clubs, selected the 25-man rosters.