Update: Yanks will have $1.18M-$1.88M to spend internationally in 2013By
Thursday: Badler says all 30 teams were also assigned international “slot” values, indicating a worldwide draft may be forthcoming. There are 120 slots (four rounds) and the Yankees are allotted $1,177,900 total, including $487,200 for their first pick (28th overall).
Tuesday: Via Ben Badler: The Yankees have a $1,877,900 international spending pool this summer, the third lowest in baseball by virtue of having the third best record in the league last year. The Astros, meanwhile, will have just under $5M at their disposal. The international signing period officially begins on July 2nd.
Every team was allocated $2.9M for international players last summer, which the Yankees spent on the first day of the signing period on three players: C Luis Torrens, OF Alex Palma, and IF Yancarlos Baez. The spending pools are scaled based on the previous year’s record now, though there has been plenty of talk about a worldwide draft lately. Either way, the Yankees used the international market to build their farm system for decades because of the ability to spend freely, but that ability has now been taken away. That isn’t good for anyone, especially the players.