Major League Baseball sent a memo to the teams outlining the new conditions in which a Cuban player can be signed. According to Kiley McDaniel, “the special license is no longer necessary, so a general license along with a sworn statement is sufficient to sign with a MLB team.”
A player must provide a sworn statement/affidavit that he “permanently resides outside of Cuba and has not intent to return to Cuba.”
McDaniel added that MLB cautioned “this only applies to players who have already left the island.” Teams are not allowed to scout Cuban players still residing in Cuba.
According to multiple reports, Yoan Moncada has worked out privately for the Yankees, Dodgers, Tigers, Red Sox, Padres, Rays, Brewers and Rangers. The Phillies and Cardinals are also very interested in signing him.
The front office will not comment publicly about the level of interest the Cubs have in him. Jason McLeod and Jed Hoyer have been asked specifically about Moncada over the last three weeks and declined to address the team’s interest in the switch-hitting, 19-year old infielder.
The Cubs reportedly had a workout scheduled with Moncada, it is unknown if the workout took place.
Due to overspending during the 2013-14 International signing period, the Cubs cannot sign a player for more than $250,000 until July 2, 2015.
Yoan Moncada is expected to sign for at least $30 million and due to the penalties for exceeding the International signing bonus pool by 15 percent or more, the team that signs him will have to pay 100 percent tax (dollar-for-dollar) on the amount the team exceeds its International signing bonus pool and will not be able to sign a player for more than $300,000 for two International signing periods.
Jeff Passan reported Tuesday that it could take an $80 million-plus investment from a team, including the tax penalty, to sign Yoan Moncada. The Yankees, Dodgers and Red Sox are considered the favorites to sign him.
Passan indicated that just because Moncada can sign with a team it doesn’t mean he will. Passan reported that Moncada “could bide his time” and “has multiple workouts scheduled toward the middle and latter third of February, including second visits with the most interested teams.”
According to Ben Badler, Tuesday’s news likely takes the Cubs and Rangers out of the running for Yoan Moncada. It will be hard for either team to convince him to wait until July to sign.
- Full Report from Jeff Passan – Yahoo Sports
- Full Report from Jesse Sanchez – MLB.com
- Full Report from Ben Badler – Baseball America