Rangers Sign Jairo Beras

3:38pm: MLB and competing executives believe Beras is 16, Passan writes.  Beras has been presenting himself as a 16-year-old, Ben Badler of Baseball America reports.  If he's using a new date of birth, he could be in trouble beyond MLB, according to Badler.

12:56pm: MLB was under the impression Beras is 16 and therefore ineligible to be signed, tweets Passan, and will immediately investigate the signing.

10:57am: Teams will be furious if MLB approves the Rangers' reported contract with Beras, tweets Badler.  Still, a source who has spoken with the Rangers told Yahoo's Jeff Passan the team thinks MLB will approve the signing, because other clubs knew of Beras' revised age.

9:09am: The Rangers signed 17-year-old Dominican outfielder Jairo Beras for $4.5MM, tweets Dionisio Soldevila.  For more on Beras, check out this article from Yahoo's Tim Brown and this brief Twitter scouting report from ESPN's Keith Law.  

Law notes that a lot of team executives are unhappy with the signing, because they were under the impression Beras was not eligible until July 2nd.  With a listed birth date of December 25th, 1995, Beras wasn't thought to be 17 yet, adds Baseball America's Ben Badler.  

The Rangers are known for spending big internationally, an opportunity that will end with a $2.9MM cap for each team this summer.  GM Jon Daniels indicated yesterday he isn't a fan of that part of the new collective bargaining agreement.