July 2nd Spending Plans Are Coming Into Focus
With the Red Sox recently adding Yoan Moncada to the fold last week (details and audio interview), the biggest international domino has fallen and now there’s more certainty for teams and agents going forward about what teams can spend on July 2nd. In an early draft of this article, I was going to point out that MLB still hadn’t told teams what their international bonus pools were, in an effort to discourage teams from agreeing to verbal deals since they wouldn’t know the exact figure of what they could spend. MLB sent out those figures this week, and they fell in line with what teams expected: last year’s slots with a 5-7% bump.
I reported back in December that up to 12 teams were rumored to be considering or had already put enough agreements in place to exceed their bonus pool. I conceded that nowhere near that many would do it and that looks to be true, with closer to five teams looking likely to go over, but many more looking to spend their full pool and maybe trade for a little more, along with rumors of teams considering going over in 2016. Part of the reason for the uncertainty about which teams are going over is the uncertainty surround young Cuban players.