NEW YORK (AP) — The Yankees raised their available signing bonus money for Japanese star Shohei Otani to $3.5 million, acquiring $250,000 in pool money from the Miami Marlins on Monday for left-hander Caleb Smith and first baseman Garrett Cooper.
New York has the second-highest total of available international signing bonus money behind the Texas Rangers at $3,535,000. Minnesota is third at $3,245,000, followed by Pittsburgh ($2,266,750), Seattle ($1,557,500) and Miami ($1.49 million).
Right-hander Michael King also went to New York as part of the trade. In addition, the Yankees dealt right-hander Ronald Herrera to the Rangers for left-hander Reiver Sanmartin, creating more room on the 40-man roster ahead of next month’s winter meeting draft of unprotected players.