Report: Cubs agree to terms with 16-year-old Eloy Jimenez
By GORDON WITTENMYER email@example.com July 3, 2013 10:30PM
Updated: July 3, 2013 10:39PM
OAKLAND, Calif. -- The Cubs made quick use of the added international bonus-cap space they acquired in trades Tuesday – and then some – striking an agreement in principal with the top-rated Dominican outfield prospect, 16-year-old Eloy Jimenez, for $2.8 million.
A few details remain to be worked out, which might explain an ESPN Deportes report Wednesday night that said Jimenez’ agent denied a deal was done.
The Cubs already had deals with one of the top Venezuelan prospects, shortstop Gleyber Torres ($1.7 million), and Dominican right-hander Jefferson Mejia ($850,000).
A report Wednesday also said the Cubs also had agreed to an $800,000 deal with 16-year-old Columbian right-hander Erling Moreno.
The total of the four deals would exceed the roughly $5.5 million MLB limit the Cubs appeared to have available for international bonuses after acquiring the additional space.
The Cubs could try to add more space through another trade before making all of the deals official but seemed likely to overshoot MLB’s limit regardless – which carries less penalties than apply in the draft (when future draft picks are at risk).