Cubs’ Starlin Castro has $3.6M frozen pending lawsuit
BY GORDON WITTENMYER Staff Reporter December 19, 2013 6:54PM
Chicago Cubs' Starlin Castro reacts after striking out against the St. Louis Cardinals during the fifth inning of a baseball game on Sunday, Aug. 18, 2013, in Chicago. (AP Photo/Andrew A. Nelles)
Updated: December 19, 2013 8:50PM
Cubs shortstop Starlin Castro has had $3.6 million frozen in bank accounts in the Dominican Republic pending the outcome of a lawsuit filed in that country by a former youth coach, who’s claiming breach of contract over money promised by Castro’s father, according to published reports.
The lawsuit claims Castro failed to comply with an agreement signed by his father when the player was a teen, promising 3 percent of future major-league earnings.
Castro’s representatives call the suit baseless and were filing a countersuit this week, a source said, seeking to prove the contract Castro’s father signed was invalid, in part over a father’s lack of authority to sign away a son’s adult earnings.
One report said Castro and his father, Diogenes, signed the agreement.
Those close to Castro say they expect a ruling in Castro’s favor within a week.
Castro, a two-time All-Star who signed a seven-year, $60 million deal in 2012, briefly attended the baseball academy run by Manuel Nunez not long before he signed as an amateur free agent with the Cubs in 2006 at 16.
None of Castro’s funds in the frozen Dominican accounts has been taken from him, and his larger accounts in the United States aren’t affected, a source said.