The Pirates and Blue Jays are bidding on Mexican pitching prospect Luis Heredia, according to Dejan Kovacevic of the Pittsburgh Post-Gazette. A source tells Kovacevic that the Blue Jays offered the tall 15-year-old right-hander $2.8MM and the Pirates offered $2.5MM. The international signing period opens today, but Heredia cannot sign until August 16th of this year, when he turns 16.
Any teams interested in Heredia will have to negotiate with Veracruz, the Mexican team that currently owns his rights. Veracruz will keep three quarters of the bonus Heredia receives and controls the prospect’s future to a considerable extent.
The Yankees have also scouted Heredia, but the Pirates have been watching him for two years and are closer to the pitcher than any other team. Back in May, the Dodgers, Giants, Rangers and Mariners also appeared to have interest. The Pirates and Blue Jays have both scouted and invested in international prospects aggressively in recent years.