Star prospect Yoan Moncada is a free agent after Major League Baseball overhauled its rules regarding Cuban players, paving the way for a bidding war to sign the 19-year-old infielder, sources familiar with the situation told Yahoo Sports.
Players who present sworn affidavits to Major League Baseball stating they are residents of another country, have no intention of returning to Cuba and are not Cuban government officials can sign with major league teams immediately, sources said. MLB distributed a memo to teams Tuesday afternoon outlining the changes.
Previously, the league required a specific unblocking license from the Office of Foreign Assets Control. Recent changes in the government’s policy regarding Cuba prompted OFAC to no longer issue specific licenses in cases where the person fulfilled the criteria for a general unblocking license – such as permanent residency in a third country.
Moncada left Cuba for Guatemala, where he obtained multiple documents showing his permanentRead More »from Sources: With MLB rule change, Cuban prospect Yoan Moncada is now a free agent