Latest On Yoan Moncada

The international market provides opportunities to make (mostly) open-market purchases of the rights to the types of players who rarely can be acquired in that manner. Recent years have brought early-prime starters (Masahiro Tanaka, Hyun-jin Ryu), still-youthful sluggers (Jose Abreu, Yoenis Cespedes), and high-upside talents (Yasiel Puig, Jorge Soler). Cuban second baseman Yoan Moncada certainly fits into that last category, rating as the type of player who would be chosen at or near the top of an amateur draft. In that regard, his ultimate payday (bonus plus ~100% penalty) will provide some fascinating insight into team valuations. But, of course, we are still waiting for the United States Office of Foreign Asset Control (OFAC) to establish Moncada’s eligibility to sign. Here’s the latest:

• The precise hold-up in Moncada’s seemingly overdue OFAC application is not clear, writes Kiley McDaniel of Fangraphs. Moncada’s agent indicated that he has not heard from OFAC since President Obama announced changes in the US diplomatic stance toward Cuba, seemingly indicating that higher-level activity is playing a role in Moncada’s situation. As McDaniel explains, MLB is working with the government to determine how to apply new unblocking policies. For what it’s worth, as MLB.com’s Jesse Sanchez notes on Twitter, a similar policy appears to have been in place several years back, when Cespedes was preparing to enter the market.
• One entirely hypothetical reason for the delay with regard to Moncada, apart from the broader diplomatic considerations, is the fact that he was allowed to leave the island legally. Per McDaniel, concern that money could flow from Moncada back to the Cuban government is a possible, but by no means substantiated, factor distinguishing his situation.
• Of note, fellow top young middle infielder Andy Ibanez is also rumored to have left the island with the blessing of the government. There are rumblings that he could be unblocked soon, however, McDaniel notes.
• As for another largely-uncertain bit of information, McDaniel adds that the latest chatter has Moncada going for about a $80MM total investment (based on a $40MM bonus).
• Moncada worked out for the Dodgers this morning, Jeff Passan of Yahoo Sports reports on Twitter. Los Angeles has given public indication of its interest, and if impressed with its private look will certainly have to be counted among the most capable suitors. President of baseball operations Andrew Friedman and manager Don Mattingly were both on hand, Sanchez reports on Twitter.
• The other teams to have held private workouts are the Brewers, Rangers, Giants, Yankees, Red Sox, and Padres, Sanchez tweets.