Last night, in analyzing the Cubs' international expenditures, I noted that the team is on track to face some harsh penalties due to their bulk of signings since Tuesday. If the reported figures hold true, the Cubs would face a 100 percent tax on their overage and also be unable to sign a player from next year's international class for more than $500K. Gordon Wittenmyer of the Chicago Sun-Times writes that the Cubs like this year's crop of international free agents so much, that they're willing to make that sacrifice.
Wittenmyer spoke to general manager Jed Hoyer and manager Dale Sveum about the crop of talent, with Sveum calling the international market "a whole 'nother draft." Hoyer told Wittenmyer, "We really like some of the impact talent in this year’s international class. We feel there’s both depth and premium guys."
The Cubs' $2.8MM signing of top-ranked prospect Eloy Jimenez is not yet official, so it seems that they should still be able to acquire additional bonus slots in trades to avoid some of those penalties. Per the new CBA, teams can acquire an additional 50 percent of their initial bonus pool. That means the Cubs, who have already acquired $963K, can acquire an additional $1,315,600. They currently project to be $899K over their pool.