Yasel Puig Granted Free Agency

UPDATE: Puig has been granted free agency and could finalize a deal with a club as soon as Friday, reports Jesse Sanchez of MLB.com. The Cuban youngster has six days to come to an agreement with a major league before the new international free agent spending limits are put in place.

_____________________

Cuban defector Yasel Puig has established residency in Mexico and may be granted free agency as early as today, a source has informed Jesse Sanchez of MLB.com.

An unknown issue with the US Treasury Department’s Office of Foreign Assets Control (OFAC) is keeping Puig from free agency, but Sanchez reports it should be resolved soon.

The 20-year-old Puig hopes to join fellow Cuban defectors Yoenis Cespedes and Jorge Soler by signing a hefty, multi-year deal with a club. Sanchez predicts that all "the usual suspects" will be involved in the bidding for Puig.

Puig, a 6’ 3" 210-pound outfielder with two years experience in Cuba’s Serie Nacional, is in a race to become a free agent before the new Collective Bargaining Agreement’s spending restrictions go into effect on July 2nd.

The new rules significantly limit the amount of money that teams can use to sign international free agents.

Prior to this year, it often took Cuban defectors six to nine months to become "unblocked" by OFAC because of a lengthy investigation process. Per new OFAC guidelines, which went into effect January 28, Cuban defectors like Puig can now receive a general license that allows Major League teams to sign him once permanent residency has been established outside the US and Cuba.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join MLB Daily Dish

You must be a member of MLB Daily Dish to participate.

We have our own Community Guidelines at MLB Daily Dish. You should read them.

Join MLB Daily Dish

You must be a member of MLB Daily Dish to participate.

We have our own Community Guidelines at MLB Daily Dish. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker