Via La Esquina, contract negotiations between the Yanks and Cuban defector Felix Perez have reached an impasse after Perez had difficulty securing a visa. The article is behind ESPN’s Insider wall, so I can’t go into too much detail, but rumor has it that Perez (an outfielder) was set to receive a signing bonus in the $3-3.5M range until the visa issues revealed that he may in fact be 24 or 25 years old instead of the 20 he claimed to be. One international scouting director said Perez doesn’t have a standout tool, which limits his ceiling. The Yanks could still sign Perez, however it would be to a greatly reduced bonus.
The same article also notes that the Yanks are in on another Cuban defectee, supposed 19-yr old LHP Noel Arguelles, however MLB hasn’t declared him a free agent yet because of citizenship issues.