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« A Look At The Mets' Trade Chips | Main | July 2nd Update: Cubs, Nats, Giants »

Yankees Sign Sanchez, Add Two Others

10:38am: McDaniel reports that the Yankees have indeed agreed to sign Arredondo for $850k. Osuna is "out of the picture," however, as the Yanks added righty Chris Cabrera for $400k.

9:54am: As expected, the Yankees have signed Dominican catcher Gary Sanchezaccording to Kiley McDaniel of Baseball Prospectus. Sanchez will receive a bonus of $3MM, but deferred payments bring the present value of the amount closer to $2.8MM. As Ben Badler points out, it's the biggest bonus the Yankees have ever awarded a hitter.

McDaniel hears that the Yankees will spend an additional $1MM on a shortstop and a pitcher. Damian Arredondo is expected to be the shortstop and some expect the pitcher to be Jose Osuna. If he signs, Arredondo would likely receive about $850k of the $1MM the Yankees are expected to spend on the pair of players.


Comments

This Gary guy is goooooooooood

The international signing period is going to turn into a NYY-Boston splurge fest.. So much for Selig and his slotting system, just move resources to the International market some.. A slight of hand..

Oh please. Oakland got the best pitching prospect last year. The Cards are in on one of the best hitting prospects this year and the Mets/Rangers have made tons of moves in the past.

A signing here and there, vs 4-5 and 6 and 7 figure signings beg to differ andrewv36.

As this signing occurred, Kevin Youkilis got in his car and drove home after 2 outs in the 2nd inning...

"A signing here and there, vs 4-5 and 6 and 7 figure signings beg to differ andrewv36."

Huh?

It's not like the Yanks/Sox/Mets are throwing around $20M to get all the top guys.

"It's not like the Yanks/Sox/Mets are throwing around $20M to get all the top guys."

Point was that the Sox always make a lot of noise in Asian market, this year going back to latin market V and have a feeling that between Yanks/Sox/Mets that you could see 20M spent total this early International signing period if the Mets get involved much.

The Sox are "in" still on Luis Sardinas, Chax Tomosina and Cuban SS Jose Iglesias that are all expected to be 7 figure guys.

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