Nice to see a small-market team win one, but it sounds like the Yankees got screwed. From article...
"The agent for Michel Inoa, the top Dominican Republic pitching prospect of the last decade, has told other clubs not to bother when the July 2 international signing period opens Wednesday.
That ship has sailed.
According to industry sources, Inoa, represented by Adam Katz of WMG, has agreed to terms with the A's for a $4.25 million signing bonus. Other clubs pursuing Inoa, including the Rangers, Reds and Yankees, were told this weekend that the deal was done, and that A's general manager Billy Beane would announce the signing this week.
Baseball America previously reported the A's as the favorites in the Inoa sweepstakes. It is the richest deal ever for an international amateur who is not from Cuba, eclipsing both the $2.44 million paid to Willy Mo Pena as part of his major league contract back in 1999, and the straight $2.25 million bonus paid by the Dodgers to
Joel Guzman in 2001. In fact, the only pitcher who previously ranked among the top 10 bonuses in Latin American history was righthander Ricardo Aramboles, who got $1.52 million back in 1998 from the Yankees.
The Yankees initially were the leader for Inoa, reportedly agreeing to terms with Inoa's Dominican buscon on a deal with a $2.7 million bonus. However, multiple sources have indicated that Katz was then brought into the deal and raised the signing bar to a minimum of $3.5 million. The Yankees reportedly dropped out at that point, in principle over having had a deal struck and then taken away.
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