Every season the new international signing period for
international free agents begins on July 2nd so today marks the
beginning of the new period. The Yankees went crazy in last year’s signing
period spending roughly $30 million with just $2 million or so allocated to
their budget forcing the team to face penalties for this signing period and the
next. For the next two signing periods the Yankees cannot sign an international
free agent for more than $300K which severely limits the team’s ability to go
out and sign the top talent on the market, which I guess was the point when it
was written into the collective bargaining agreement.
The Yankees have made some notable international free agent
signings for cheap in the past but there probably won’t be much to get excited
about for a couple of years on the IFA market unfortunately. There have been
plenty of Cuban defecting and Cuban born players that do not count against the
cap due to their age and service time so the Yankees could always go that route
as well but it’s hard to bank on that either given the team’s preference to
stay away from Cuban players for whatever reason.
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Sorry for the Capatcha... Blame the Russians :)