Say hey, baseball: It’s international free agent signing day! – SB Nation

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Every July 2 marks the start of a new international signing period, so you can expect a slew of transactions on Thursday. For the most part, these are players whose names you might not need to remember for some time — the 16- and 17-year-old kids signed out of the Dominican Republic and Venezuela and Cuba and so forth, aren’t exactly big-league ready, and they often have the added hurdle of familiarizing themselves with American culture and its game, too. The international market is where a whole lot of high-upside players come from, though, and it’s the one player acquisition area where teams are on equal footing when it comes to the highest upside players. Well, mostly.

Some teams spend way over their budget in order to get the players they want. The Red Sox, for instance, did this in the last signing period in order to get two of the top pitchers available — Anderson Espinoza and Chris Acosta — and that was before they handed a record bonus to Yoan Moncada. There is a penalty for this spending, though, and it will keep Boston — as well as the Yankees, Rays, Diamondbacks and Angels — from spending more than $300,000 on a single bonus both this period and the next.

There are ways around this, as Kiley McDaniel detailed at FanGraphs — promising to sign a whole bunch of a single trainer’s players can help a team get a discount on someone who should be more expensive, for instance. Overall, though, it’ll keep these teams out of the signing game, and leave more opportunities open for the rest of the league to acquire young talent. It’s not a perfect system, far from it, but it probably works better than whatever future international draft replaces it down the road.

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