Rangers Acquire International Slot Money From Reds

The Rangers have officially picked up $350K in international slot money from the Reds, as Zach Buchanan of the Cincinnati Enquirer first reported on Twitter. Righty Miguel Medrano is heading to the Reds in return.

This move will further pad the Rangers’ international purse for the current signing period, which was already rather full in the wake of the team’s unsuccessful bid for Shohei Ohtani. It seems that Texas is lining up to chase top young Cuban outfielder Julio Pablo Martinez, as Evan Grant of the Dallas Morning News (via Twitter) and Jeff Wilson of the Fort Worth Star-Telegram (Twitter link) suggest. Ben Badler of Baseball America has long cited the Rangers as a top pursuer of Martinez.

Martinez was officially cleared to sign recently. MLBTR’s Steve Adams broke down the Texas pool situation in that post. It’s worth noting, as Adams points out on Twitter, that the Reds have likely now parted with all of their remaining pool money. (The rules only permit $250K increments to be dealt unless it’s a trade that moves all the remaining funds from a team’s pool.) Texas could still acquire another $250K before being capped, BA’s Matt Eddy notes on Twitter. (The CBA stipulates that a team may acquire no more than 75 percent of the value of its initial pool in trades.)

All that’s known at this point, though, is that the 20-year-old Medrano will head to the Cincinnati organization. He has pitched exclusively with the organization’s Dominican Summer League outfit to this point in his professional career. Medrano certainly produced some interesting numbers there last year, working to a 2.59 ERA in 59 innings over ten starts and two relief appearances and racking up 9.3 K/9 against just 1.1 BB/9.