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| (ObstructedView.Net Photo) |
The US Government has
cleared Cuban phenom Yoan Moncada to sign with any MLB team. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) says Moncada may now be "generally licensed as an unblocked national". The Red Sox and several other clubs have held private workouts with Moncada—who is expected to benefit from a bidding war that will net the 19-year old upwards of $80 million. The Red Sox exceeded their allotted bonus pool, so they would be penalized for signing Moncada. The penalty is a 100 percent tax on their excess pool payments and also restricts their international signings going forward. But, apparently, this kid is worth it. Stay tuned—this could happen fast.
