Terms Agreement - Baseball Wiretap

Cubs, Soler Make Nine-Year Deal Official

Oct 31, 2014 4:44 AM

The Cubs have finally gotten Jorge Soler's signature on a nine-year, $30 million contract. The pact became official just two days before the deadline for international signings. As of Monday, the maximum that can be given out for international signings is $2.9 million, per terms of the newest collective bargaining agreement. Chicago was concerned that a contract wouldn't be finalized. "Fear is probably too strong of a word, but I think we're glad to get it done," Cubs general manager Jed Hoyer said. "We only had a couple days to spare here. We're glad to get it finalized. I think his agents worked really hard on his residency. I don't think we even know all the details of what they went through to get him a work authorization, to get him residency. But they did a good job and got him signed in time."

Doug Padilla/ESPN.com

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Source: Buxton Gets Record Deal From Twins

Oct 31, 2014 1:33 PM

The Twins agreed to terms with Byron Buxton, the second overall pick in last week's First-Year Player Draft, late on Tuesday night. Buxton's contract includes a $6 million signing bonus, according to a source. The bonus is the largest given to a player in this year's draft class, $1.2 million more than No. 1 overall pick Carlos Correa (Astros).

Associated Press

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Cardinals Agree To Terms With Michael Wacha

Sep 15, 2014 9:11 PM

The Cardinals have agreed to terms with Michael Wacha, the 19th overall pick in last week's First-Year Player Draft. The agreement will be final once Wacha passes a physical, which is scheduled for Thursday. Wacha, 20, just finished his junior season at Texas A&M, where the right-handed starter went 9-1 with a 2.06 ERA and 116 strikeouts in 113 1/3 innings. The recommended signing bonus for that slot in the Draft is $1.9 million.

MLB.com

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Twins Reach Agreement With Buxton

Oct 31, 2014 7:37 AM

The Twins have reached an agreement with first round pick Byron Buxton, pending a physical. Buxton, an prep outfielder from Georgia, arrived in Minneapolis on Monday and met with the Twins at Target Field. The exact amount of the bonus is not yet know, but baseball's recommended bonus for the second overall pick is $6.2 million.

Star Tribune

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Source: Ethier, Dodgers Agree To Extension

Dec 16, 2014 5:43 AM

Andre Ethier, who would have been eligible for free agency after the season, has agreed in principle to a five-year, $85 million contract extension with the Dodgers, according to a source. The outfielder's contract now runs through the 2017 season. The deal also includes a $17.5 million club option for 2018 that would automatically vest if Ethier were to reach certain plate appearance thresholds. If he meets those thresholds, Ethier's deal would reach more than $100 million. "I have been instructed that I won't comment ... until tomorrow," Ethier said Monday night. "There will be an announcement tomorrow. We will talk tomorrow, I promise."

Tony Jackson/ESPN.com

Tags: Los Angeles Dodgers, Terms Agreement

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Diamondbacks Agree With 26th Overall Pick

Oct 28, 2014 12:06 AM

The Diamondbacks have agreed to terms on a contract with first-round pick Stryker Trahan. The terms aren't yet confirmed. Arizona used the 26th overall pick on the catcher. The slot recommendation for the pick is $1.7 million and it has been reported that Trahan received a bonus of that amount.

MLB Trade Rumors

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Mets Agree To Terms With Gavin Cecchini

Oct 31, 2014 7:23 AM

The Mets have officially agreed to terms on a contract with first-round pick Gavin Cecchini. The 18-year-old shortstop's signing bonus is worth $2.3 million, according to multiple reports. New York selected Cecchini with the 12th overall pick in the 2012 amateur draft. Cecchini will report to Port St. Lucie, Fla., for mini-camp starting Monday.

Mike Mazzeo/ESPN.com

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Francis Returns To Rockies, Will Start Saturday

Oct 28, 2014 12:02 AM

The Rockies have agreed to a deal with left-hander Jeff Francis and he will likely start against the Angels on Saturday, according to a Major League source. Francis, 31, threw for the Rockies on Wednesday at Coors Field.

Denver Post

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Astros Have Verbal Agreement With Correa

Aug 27, 2014 6:26 AM

The Astros have reached a verbal agreement with Carlos Correa, the first overall pick in this week's First-Year Player Draft. "We have a verbal agreement, so hopefully he'll be in here [Thursday] and pass his physical on time," owner Jim Crane said. The owner wouldn't divulge the bonus amount, but hinted it will be less than Major League Baseball's prescribed bonus of $7.2 million for the No. 1 overall pick.

MLB.com

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Cardinals Agree To Terms With Wisdom

Oct 31, 2014 5:54 PM

The Cardinals have agreed to terms with third baseman Patrick Wisdom, according to scouting director Dan Kantrovitz. St. Louis drafted Wisdom with the 52nd overall pick in the First-Year Player Draft earlier this week. The St. Mary's University star is probably is headed to Batavia (N.Y.) for short-season play.

St. Louis Post-Dispatch

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