Yankees raise available money for Ohtani to $3.5 million
Nov. 21, 2017
NEW YORK (AP) — The Yankees raised their available signing bonus money for Japanese star Shohei Ohtani to $3.5 million, acquiring $250,000 in pool money from the Miami Marlins on Monday for left-hander Caleb Smith and first baseman Garrett Cooper.
New York has the second-highest total of available international signing bonus money behind the Texas Rangers, who have $3,535,000. Minnesota is third at $3,245,000.
Right-hander Michael King also went to New York as part of the trade. In addition, the Yankees dealt right-hander Ronald Herrera to the Rangers for left-hander Reiver Sanmartin, creating more room on the 40-man roster ahead of next month's winter meeting draft of unprotected players.
New York selected the contracts of infielder Gleyber Torres, outfielder Billy McKinney and right-handers Albert Abreu, Domingo Acevedo and Jonathan Loaisiga, along with infielder Thairo Estrada, protecting them from the winter draft.