The Chicago Cubs have won the bidding for Cuban outfielder Jorge Soler, tweets Joel Sherman of the New York Post.

 

I hear the #Cubs won out for Jorge Soler. #Yankees tried, but didn't get him.

— Joel Sherman (@Joelsherman1) June 11, 2012

 

The deadline for teams to offer Soler and his agent contracts was yesterday, and he quickly decided to sign a massive deal with the Cubs.

Jon Heyman of CBSSports.com tweeted the length of the deal.

 

soler deal is 9 years w/ cubs

— Jon Heyman (@JonHeymanCBS) June 11, 2012

 

This is a great move by Theo Epstein, Jed Hoyer and the rest of the Cubs' front office.

Soler profiles as a young power hitter and could potentially be a bargain at the major league level, as he will make just $30 million over the course of his nine-year pact.

Epstein outbid the Houston Astros, Pittsburgh Pirates, Cleveland Indians, Toronto Blue Jays, Boston Red Sox and New York Yankees to get his guy, and Chicago fans should be excited to see how this young man progresses.