Via Peter Gammons, the Yankees bid $25-30M for 20-year-old Cuban outfielder Jorge Soler. The Braves and White Sox also made similar offers, though Soler wound up signing a nine-year, $30M contract with the Cubs early last week.
I always underestimate free agent contracts but even $25M for what amounts to a Single-A prospect seems rather … excessive. It is just money, but we’re not talking about a player capable of stepping right in to help the big league club. The Yankees clearly liked Soler and made an aggressive bid, but as we heard the day he signed, Chicago was prepared to one-up any offer to make sure they got him.