It’s July 2, the start of the 2015-16 International signing period and the Cubs are expected to be very active on the International free agent market. The Cubs were limited to signing players for $250,000 or less during the 2014-15 International signing period that ended on June 15. The Cubs are expected to exceed its $3,230,700 bonus pool for the 2015-16 signing period to the point of being restricted to signing players to $300,000 or less for the next two signing periods and paying the 100 … [Read more...]
Cubs Reportedly Set to Spend Heavily in International Market
Reports have suggested for several months the Cubs are planning on overspending in the International free agent market that begins July 2. The Cubs were restricted during the current signing period that ends June 15 due to exceeding their International signing bonus pool by more than 15 percent during the 2013-14 signing period. The Cubs added top prospects SS Gleyber Torres, OF Eloy Jimenez and RHP Jefferson Mejia, who was traded to the Diamondbacks in the Miguel Montero deal, in the 2013-14 … [Read more...]