Friday, February 27, 2015

Yankees Have $2.26M In International Spending Money for 2015/2016

The New York Yankees learned today that the team will have $2.26 million to spend in the 2015 - 2016 International signing period that starts on July 2. Since New York blew their cap out of the water during this signing period the Yankees cannot sign an individual player for more than $300,000 but the team still has a cap nonetheless. I think Mike Axisa of River Avenue Blues did the math and that means that the team can sign 7.5 players this signing period at $300K each without going over their spending limit.

Teams can trade up to half of their international cap by sending specific slot amounts, much like the draft is now slotted and capped, and New York may look to do that for the next two seasons since the team cannot make a big splash. Obviously this cash doesn't have all that much value but it is something, especially if it's used as a throw in and the difference in making a significant trade and not making a trade for instance.

This is not a doomsday scenario for New York though as the team signed Luis Severino for $225K, Jorge Mateo for $250K, Abi Avelino for $300K and Angel Aguilar for $60K in recent years.

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