2018-19 Cubs International Free-Agents

Cubs Use Araujo to Acquire ISBP Space

The Baltimore Orioles secured Outright Assignment Waivers on RHP Pedro Araujo (who was Designated for Assignment by the Orioles on Wednesday) this afternoon, then he was re-claimed by the Cubs for $50,000 (half the Rule 5 Draft price) and was outrighted back to AAA Iowa (the minor league club from which he was selected by Baltimore in the Major League Phase of the December 2017 Rule 5 Draft), and then the Cubs traded Araujo back to the Orioles for $750K in 2018-19 International Signing Bonus Pool (ISBP) space.

So the Orioles get $50,000 and they get to keep Araujo (but don't need to keep him on their MLB 40-man roster -- he was assigned to AAA Norfolk), and the Cubs get to spend $750K more ISBP money (if they so choose). 

However, it's very unlikely that the Cubs would have paid the Orioles $50,000 to re-claim Araujo and then traded him back to Baltimore just for ISBP space (in other words, the right to spend $750K more money on international free-agents) unless there is a particular international player (like maybe Cuban SS Yolbert Sanchez?) or possibly multiple players (like perhaps two or three of the Mexican IFAs recently declared eligible to sign by MLB, like RHP Jaime Melendez, RHP Jose Angel Valenzuela, and/or C Fernando Villalobos) the Cubs wish to sign prior to the 2018-19 ISP signing deadline on June 15th, and the $750K in ISBP space acquired from the Orioles in the Araujo deal (added to whatever remains from their 2018-19 ISBP space) is the only way they can get it done. 

Cubs 2018 International Signing Period (J-2 players)

3/22 UPDATE

The Cubs have officially signed another 2018-19 IFA: 

Jonathan Alvarez
, P 
R/R, 6'1 160, Age 19 
DOMINICAN REPUBLIC

So the Cubs have now signed 18 IFA since the start of the 2018-19 ISP on July 2 (see complete list below) 

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3/21 UPDATE
:

The Cubs officially signed another 2018-19 IFA:

Cristian More, OF 
L/L, 5'10 170, Age 17
CUBA

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3/15 UPDATE


The Cubs have officially signed another 2018-19 IFA: 

Felix Stevens, OF 
R/R, 6'4 235, Age 19 
CUBA 

NOTE: By this time last year the Cubs had signed 33 IFA on their way to a record (for the Cubs) 46 IFA signed by the 6/15 deadline. But that was because the Cubs needed to fill a 35-man roster for the new AZL Cubs #2 affiliate and they did that mainly by promoting about thirty DSL players to the AZL who otherwise probably would have remained in the DSL for another season, and that in turn required signing a much higher than usual number of IFA to replentish the two Cubs DSL squads. The Cubs don't have that issue this year.