Thursday, January 2, 2014

MLB Eliminating $300K From International Spending Cap

Major League Baseball is expecting to eliminate $300K from the International Spending pools. This will begin this June for the 2014-2015 International Spending year, you know the one where the Yankees are planning on spending up to $15 million on. Each team has been given six exemptions of $50K each in the new Collective Bargaining Agreement for up to four international amateurs and those exemptions are now being eliminated.

Teams will not be given a number to work with until probably April anyway but the numbers are now expected to be lower than usual, which could really help the Yankees. If the Yankees stay true to their word and blow the cap out of the water there should be less teams involved you would think. $300K does not sound like a lot in the grand scheme of things but when you only get $1-$2 million anyway it could be a huge number and make or break you signing a player.

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Sorry for the Capatcha... Blame the Russians :)