According to Jesse Sanchez of MLB.com, the San Francisco Giants are favorites to sign shortstop prospect Diego Velazquez out of Maracay, Venezuela, when the July 2 international signing period begins.
The details regarding the July 2 international signing period have been sparse. In March, MLB and the MLB Player's Association agreed to push back the start of the signing period to as late as January 15, 2021. Though, the signing period could begin on time as well.
In addition to this, MLB has not yet released the bonus pool space allocated to each team.