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Wednesday, January 11, 2017

Luis Robert Leaves Cuba, With Clock Ticking Before New Rules Begin | BaseballAmerica.com

Luis Robert, one of Cuba’s best young prospects, is out of the country. Due to Major League Baseball’s new international rules, the timing of when Robert gets cleared to sign will have significant ramifications on how much he will get paid and which teams will be able to sign him.
...
But if Robert isn’t cleared to sign by June 15, he will be subject to the more restrictive hard cap of the new international signing rules. After June 15, there is a two-week “closed period” in which no players are allowed to sign, with the 2017-18 signing period opening on July 2. During the 2017-18 period, the aggregate bonus pools will increase, but teams are prohibited from exceeding their pool allotments. Most teams get a $4.75 million bonus pool, while some of the smaller market and smaller revenue clubs get either $5.25 million or $5.75 million to spend. Teams can trade for up to an additional 75 percent of their original pool allocation, so a club that starts with $4.75 million could trade for up to $8.3 million, while a club with $5.75 million could move up to a little more than $10 million.

Jim Furtado Posted: January 11, 2017 at 07:02 AM | 0 comment(s) Login to Bookmark
  Tags: cuban free agents, luis robert

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