The Red Sox are close to signing 18-year-old Taiwanese shortstop Tzu-Wei Lin for $2.05MM, reports Peter Abraham of The Boston Globe. The deal is not yet complete but the two sides are in "final stages of an agreement."
Lin reportedly signed with the Yankees for six figures as a 16-year-old back in 2010, but the deal was later ruled invalid. MLB.com ranked Lin as the 18th best international free agent on the market, describing him as a "smaller version of Rays prospect Hak-Ju Lee." The $2.05MM bonus would be a record for a Taiwanese position player.