Yoan Moncada signs with Red Sox

[southsider2k5]

Jesse Sanchez ‏@JesseSanchezMLB 7m7 minutes ago

 

Sources: Cuban INF prospect Yoan Moncada still waiting on OFAC clearance & most expect him to start private workouts within next two weeks.

[LDF]

Jesse Sanchez ‏@JesseSanchezMLB 7m7 minutes ago

 

Sources: Cuban INF prospect Yoan Moncada still waiting on OFAC clearance & most expect him to start private workouts within next two weeks.

 

i wonder if the sox will ask for a private workout??

[southsider2k5]

i wonder if the sox will ask for a private workout??

 

Seeing what we have spent already, and what the tax implications are, I'll bet we don't even waste our time. There is close to a zero chance we sign Moncada IMO.

[SoxAce]

Seeing what we have spent already, and what the tax implications are, I'll bet we don't even waste our time. There is close to a zero chance we sign Moncada IMO.

The kid is 19 and seeing if a team that signs him might include him in a future trade or if it doesn't work out years later, give up on him/release and another team can take the high risk/reward which we see alot... i would think the sox would send a scout or two.

[LDF]

Seeing what we have spent already, and what the tax implications are, I'll bet we don't even waste our time. There is close to a zero chance we sign Moncada IMO.

 

and you do have a valid point, i however see it as a great gamble

high reward that HASj to be done. Yoan is by all account

a top 2 type prospect if he was able to be drafted. getting him for

money and a lost of the int'l draft picks for 1 yr. i think that is

worth the gamble. the only problem is i would recommend that

the sox sign all they can to make that lost of a pick a worthwhile

choice.

[southsider2k5]

and you do have a valid point, i however see it as a great gamble

high reward that HASj to be done. Yoan is by all account

a top 2 type prospect if he was able to be drafted. getting him for

money and a lost of the int'l draft picks for 1 yr. i think that is

worth the gamble. the only problem is i would recommend that

the sox sign all they can to make that lost of a pick a worthwhile

choice.

 

Do you honestly think the White Sox have something like $50ish million dollars laying around? Because that is the kind of commitment we are talking about.

[LDF]

Do you honestly think the White Sox have something like $50ish million dollars laying around? Because that is the kind of commitment we are talking about.

 

this is kind of a double question.

do they have the money >> yes.

will JR allow them to spend >> no.

 

but this is the xmas season, anything can happen.

[southsider2k5]

this is kind of a double question.

do they have the money >> yes.

will JR allow them to spend >> no.

 

but this is the xmas season, anything can happen.

 

There is no way on God's green earth that after what they have spent this winter, they have another $50 million available to be spent this winter.

[LDF]

There is no way on God's green earth that after what they have spent this winter, they have another $50 million available to be spent this winter.

 

very true, it also depends on how much does JR want to win on his

last go around.

 

but with JR's past rep, it is unrealistic expectation.

[Thad Bosley]

Do you honestly think the White Sox have something like $50ish million dollars laying around? Because that is the kind of commitment we are talking about.

Did you think at the time the Sox were chasing Tanaka that they had the kind of money lying around that was rumored to have been offered him?

[BaconOnAStick]

Did you think at the time the Sox were chasing Tanaka that they had the kind of money lying around that was rumored to have been offered him?

They sure did. They knew all the money was coming off the books after 2014 and could've just as easily spent on Tanaka last year as opposed to Robertson, Duke, LaRoche and Cabrera this year.

 

That said the theme of this offseason has been: WHO THE HELL KNOWS ANYMORE.

 

I also have done a bit more thinking about the Cuban ballplayers and I'm not sure the kids who haven't even climbed the ranks to superstardom in the Serie Nacional are the same kinds who come to MLB and light it up. That's really missing out on a huge advantage Cuban ballplayers typically give, and that's that they have proven success against very staunch opposition.

[southsider2k5]

Did you think at the time the Sox were chasing Tanaka that they had the kind of money lying around that was rumored to have been offered him?

 

Except he didn't cost anywhere near the immediate outlay that Moncada will. And they hadn't spent nearly as much as we have in the past month.

[ChiliIrishHammock24]

I don't think the Sox will pursue Moncada not because they can't find the money, but because Jerry doesn't seem like he'd exploit loopholes left by his best friend Bud Selig. It seems Jerry always tries to follow Bud's rules.

[LDF]

They sure did. They knew all the money was coming off the books after 2014 and could've just as easily spent on Tanaka last year as opposed to Robertson, Duke, LaRoche and Cabrera this year.

 

That said the theme of this offseason has been: WHO THE HELL KNOWS ANYMORE.

I also have done a bit more thinking about the Cuban ballplayers and I'm not sure the kids who haven't even climbed the ranks to superstardom in the Serie Nacional are the same kinds who come to MLB and light it up. That's really missing out on a huge advantage Cuban ballplayers typically give, and that's that they have proven success against very staunch opposition.

 

the theme now should be as i mention in another post, JR's last go around. it was mentioned

that JR wants another WS Title one last time. don't get me wrong, i hope he stays for another

20 yrs.

 

Yoan is the equal or better of next yr Brendon Rodgers talent who many expects to be picked #1

or #2 in next yr draft. whether he can come in now or wait a yr for development to play in the majors,

that will determine and discuss. as he starts having his private work outs. he may be another great

player added to the sox farm system at what lost?? money?? this is a short way to fix a huge

hole, the farm systems.

 

the Sox spent money in a short time, yes, i agree. but that money spent is more significant b/c the

sox are trying to do a massive overall of the team in 1 short offseason. this kind of rebuild should

have taken several yrs and the money would have been absorb gradually. i also like that the contracts

are short term of several yrs in length, so the sox can continue to improve thru attrition, as expiring

contracts is coming off the books, the sox farm system shouldl start producing the players needed

to replace those expiring contracts.

 

Expenses....... hell yesss, but whose fault was that??

 

 

[oldsox]

Except he didn't cost anywhere near the immediate outlay that Moncada will. And they hadn't spent nearly as much as we have in the past month.

Are we talking $50 large Up Front? Or spread out over a few yrs?

[LDF]

Are we talking $50 large Up Front? Or spread out over a few yrs?

 

i don't know if any will know that except for those the mlb lawyers. maybe

someone knows where to find the answer.

[black jack]

Not only do I want this kid in the White Sox organization, I'm practically expecting him.

 

Get it done Hahn, Jerry's money be damned!

[southsider2k5]

Are we talking $50 large Up Front? Or spread out over a few yrs?

 

Up front. He can only be signed to a minor league deal, and the taxes have to be paid up front as well.

[Chicago White Sox]

Are we talking $50 large Up Front? Or spread out over a few yrs?

The money will be paid up-front since it's a signing bonus, but how the Sox account for the expense is unknown. Most businesses would consider this type of move a long-term investment and would allocate the cost over the life of the asset (or contract in this case). Baseball is obviously a different animal so who really knows. Either way, I think the sacrifice of future Latin American signings of any significance is the bigger reason why they won't sign Moncada.

[southsider2k5]

The money will be paid up-front since it's a signing bonus, but how the Sox account for the expense is unknown. Most businesses would consider this type of move a long-term investment and would allocate the cost over the life of the asset (or contract in this case). Baseball is obviously a different animal so who really knows. Either way, I think the sacrifice of future Latin American signings of any significance is the bigger reason why they won't sign Moncada.

 

The big point isn't how it is allocated. It is that you have to write a check to Moncada for his signing bonus immediately. Because he isn't allowed to sign a major league deal, it can't be spaced across years. It is paid now. The same goes for the tax money. That check is written now. Someone has to put $50 million, or more, in cash, on the table, for this to get done. All of the other deals we saw this winter are future commitments, which are spread out over years. This isn't legal, or possible, for Moncada.

[LDF]

The money will be paid up-front since it's a signing bonus, but how the Sox account for the expense is unknown. Most businesses would consider this type of move a long-term investment and would allocate the cost over the life of the asset (or contract in this case). Baseball is obviously a different animal so who really knows. Either way, I think the sacrifice of future Latin American signings of any significance is the bigger reason why they won't sign Moncada.

 

very good, that is why i would prefer that the sox should do what the yanks did and

some other teams will do, go over the allotted money and receive the 1 yr penalty.

[LDF]

The big point isn't how it is allocated. It is that you have to write a check to Moncada for his signing bonus immediately. Because he isn't allowed to sign a major league deal, it can't be spaced across years. It is paid now. The same goes for the tax money. That check is written now. Someone has to put $50 million, or more, in cash, on the table, for this to get done. All of the other deals we saw this winter are future commitments, which are spread out over years. This isn't legal, or possible, for Moncada.

 

i am flipping around on this. part of me says sign him, a great potential ball player. the

other part is saying, that a huge amount of money up front. no protection built in.

[southsider2k5]

i am flipping around on this. part of me says sign him, a great potential ball player. the

other part is saying, that a huge amount of money up front. no protection built in.

 

Let me put it this way. Let's say for some crazy reason the math works out that Moncada takes $50 million to get here, when bonus and taxes are included. $50 million to the White Sox is what we are going to pay Chris Sale, Jose Quintana, Jose Abreu, Alexei Ramirez, David Robertson, and Adam LaRoche in 2015... combined.

 

Does anyone really see them finding that kind of money, again, and spending it on a 19 year old Cuban prospect? If the White Sox had another $50 million to spend on the team in 2015, they would be looking at guys like Max Scherzer, not Yoan Moncada.

[Dick Allen]

Let me put it this way. Let's say for some crazy reason the math works out that Moncada takes $50 million to get here, when bonus and taxes are included. $50 million to the White Sox is what we are going to pay Chris Sale, Jose Quintana, Jose Abreu, Alexei Ramirez, David Robertson, and Adam LaRoche in 2015... combined.

 

Does anyone really see them finding that kind of money, again, and spending it on a 19 year old Cuban prospect? If the White Sox had another $50 million to spend on the team in 2015, they would be looking at guys like Max Scherzer, not Yoan Moncada.

It doesn't seem like something they would do, but if they think he is going to be a star, why not finance it?

[LDF]

Let me put it this way. Let's say for some crazy reason the math works out that Moncada takes $50 million to get here, when bonus and taxes are included. $50 million to the White Sox is what we are going to pay Chris Sale, Jose Quintana, Jose Abreu, Alexei Ramirez, David Robertson, and Adam LaRoche in 2015... combined.

 

Does anyone really see them finding that kind of money, again, and spending it on a 19 year old Cuban prospect? If the White Sox had another $50 million to spend on the team in 2015, they would be looking at guys like Max Scherzer, not Yoan Moncada.

 

 

ok, you convince me that was a bad idea. on a side note, do you really think

50 mil is the cost?

 

let me ask this question, seeing Jose A now, what will you say his worth being???