Quote:
Originally Posted by TheAlpineOracle
Apparently the Jays only have until July 2nd to make any more international signings as after July 2nd they are over the limit (must be the Guerrero signing). Seems weird but that's what ESPN was reporting.
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Correct. They exceeded their bonus allotment when they signed Guerrero and can't sign any guys for more then 100K for the next year after July 2. They traded for more IFA bonus slots so they wouldn't exceed the threshold that would incur a two year 100K cap (so don't expect any more IFA signings before then).
That's why October 19 is important in regards to Lourdes. It's his birthday, when he turns 23 he'll be old enough that he won't be under the same rules as guys like Guerrero. They'll be no luxery tax levied by MLB (it's dollar for dollar when you exceed the cap) and signing him won't block you from other IFA signings.