After getting busted for trying to circumvent international signing rules, 4 former red sox international prospects sign elsewhere.
http://m.mlb.com/news/article/188051...cts-moving-on/
After getting busted for trying to circumvent international signing rules, 4 former red sox international prospects sign elsewhere.
http://m.mlb.com/news/article/188051...cts-moving-on/
Can someone explain to me in non-financially-technical language exactly what the Red Sox did wrong? I know little to nothing about the financial side of baseball so I'm curious as to how annoyed I should be with my favorite team in this instance.
There's a lot of discussion of this in the main prospect thread starting around here:
http://www.talksox.com/forum/threads...-Thread/page23
Per MLBTR: However, Boston circumvented that limitation by “packaging” more premium prospects with lesser prospects; that is, paying $300K for multiple prospects that employ the same trainers/agents and then allowing the players’ representatives to divide the lion’s share of the collective sums to the top prospect of the bunch, with the lesser prospects receiving a smaller portion of the money.
Basically, they cheated the system to overpay certain prospects.
Ex. if they could only pay $300K for a prospect, they gave $600K to two prospects and had their trainers split it $500K to one prospect and $100K to the other prospect.
Outfielder Albert Guaimaro has agreed to a deal with the Marlins, outfielder Simon Muzziott signed with the Phillies for $750,000, infielder Antonio Pinero signed with the Brewers for $375,000 and infielder Eduardo Torrealba signed with the Yankees for $300,000. Torrealba has already begun his first steroids cycle under the Yankees tutelage.
other names i have posted under: none
I reserve my right to change my opinion on all of this and proclaim the whole affair an appalling miscarriage of justice, if not an outright anti-Boston conspiracy, if any of these kid actually turn out to be good.