Via Ben Badler, the Yankees have agreed to sign 22-year-old Dominican right-hander Manolo Reyes for $600k. He originally signed the Braves in 2009 before being released and suspended for a year due to issues with his paperwork. Badler says his fastball climbed into the mid-90s and has even touched 99 during the time off.
The new deal between Reyes and the Yankees is still pending MLB’s approval and a visa, which we know can take a while following the Rafael DePaula fiasco. Make sure you click the link to read about Reyes’ back story, which is far too complicated for me to try to explain here. Assuming Reyes gets the required clearance and the contract becomes official, the signing bonus will not count against this year’s $2.9M international spending limit implemented by the new Collective Bargaining Agreement.