After a flurry of news reports that came out last night it looked as if the Chicago Cubs had agreed to terms with Cuban outfielder Jorge Soler on a multi-year deal. However, those reports have been deemed false.
Soler is a younger version of Yoenis Cespedes, who signed with the Athletics this week for four years and $36 million, Cespedes being 26 and Soler 19. He projects to be a five-tool player, but does not expect to be anywhere near ready to play in the majors.
The contract that the Cubs were reportedly offering was worth $27.5 million over three to four years.
With the Cubs and Yankees being the only major players for the Cuban free agent at this time, it will come down to a bidding war if both teams are willing to give a long-term contract.
The Yankees are always willing to put some money down and take a risk if there's a chance to come up big. But with the Cubs being in rebuilding mode and trying to invest for the future, this would be a great move for them. Don't expect Theo Epsetin and Jed Hoyer to back down.
Soler is expected to be cleared by the MLB and officially become a free agent this week. He will be ready for Spring Training, but will be in the Yankees minor league system for a few years if New York outbids Chicago and signs the 19 year old.