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Today is international signing day. Here’s how the Cubs did

The signing barrage that the international baseball cycle has begun. The signings are reported with less accuracy than we're usually used to. The players signed this week are likely to not be included in a box score until next June. Nonetheless, the Cubs are going to add three substantially regarded players.

The years of aggressively spending over limits is gone. Teams are given an amount ($5,398,300 in the Cubs case), and can add 60 percent more in trade (as the Cubs did for $750,000 in space in a trade for Pedro Araujo). It's a soft cap, leading to a hard cap.