2:40pm: Jon Heyman says Soler signed a nine-year contract worth right around $30M. Good grief. Heyman also says three or four teams were over $20M, though it’s unclear if the Yankees were one of them.
2:17pm: Via Joel Sherman and Ken Rosenthal, the Cubs won the bidding for free agent outfielder Jorge Soler. The Yankees tried to sign him, but Chicago won out. No word on the contract terms yet, but I’m very curious to see what they are. As I said yesterday, $15-20M for a 20-year-old prospect is a ton of money and I wouldn’t be surprised if the Yankees backed away at a certain point.
For what it’s worth, Kevin Goldstein says the Cubs had a “choke point” on Soler and would one-up every bid until they landed him. Yesterday Goldstein described the Cuban outfielder as “a RF profile guy. BIG power, big arm, ok fielder, holes in swing. He’s not historic and he’s seen as ready for Low-A.”