Badler: Yankees looking to trade for international pool moneyBy
Via Ben Badler (subs. req’d): The Yankees are among several clubs looking to acquire more international spending pool money in advance of the July 2nd signing period. Teams can indeed trade pool money, but the deal can not be officially announced until July 2nd.
The Yankees have just $1.88M to spending internationally this year, which is nothing. Only seven teams have pools worth more than $3M this year, so the number of clubs willing to deal international money is very limited. Badler also says clubs are having trouble working through trades because they can’t figure out how to value a chunk of money. That’s not surprising, this stuff is very weird.