Yankees, Red Sox ‘heavy favorites’ to land Yoan Moncada
The Yankees and Red Sox were among the teams that reportedly had four or more scouts watching teenage Cuban prospect Yoan Moncada when he worked out in Guatemala in November.
Considering that fact and the financial resources available to both clubs, it should come as no surprise that they are reportedly the “heavy favorites” to sign teenage Cuban prospect Yoan Moncada, according to a tweet from FanGraphs’ Kiley McDaniel.
Moncada is still not eligible to sign with a team. Before he can do so, he must be unlocked by the U.S. Department of the Treasury’s Office of Foreign Assets Control.
Because he is under 23 and did not play in a Cuban professional league for at least five seasons, Moncada is subject to the international signing guidelines. In accordance with the Collective Bargaining Agreement, each team is allotted a $700,000 base and a bonus pool based on the team’s record in 2013 for the international signing period, which started on July 2.
One important thing to keep in mind along those lines: Both the Yankees and Red Sox, along with the Rays and Angels, are in the maximum penalty range for the 2014-15 international signing period. That penalty includes a 100 percent tax on their overage and — more relevant to this situation — prohibits them from signing any player for more than $300,000 during the next two signing periods.
In other words, the Yankees and Red Sox would not be able to sign Moncada if he becomes eligible to sign after June 15. The Rays and Angels are not expected to be mix for Moncada.
Moncada, a switch-hitting middle infielder who can also play third base, has been described as a five-tool prospect and drawn comparisons to the Cubs’ Jorge Soler. MLB.com’s Jesse Sanchez slotted Moncada atop the list of five Cuban players to watch.