International free agency will take on a whole new look this year thanks to the recently agreed upon Collective Bargaining Agreement between the MLB and the Players’ Association. Gone are the days where teams can pony up exhorbitant sums to sign a prospect like Yoan Moncada, as now there are hard caps in place to limit how much each team can spend on international amateurs. Here is how the new spending caps break down, according to Baseball America:
- Most teams get a bonus pool of $4.75 mil that they can use to sign international prospects.