The Chicago Cubs and 20-year-old Cuban pitcher Gerardo Concepcion have officially agreed to a five-year contract, as the team announced on Sunday. The two sides had previously come to an agreement, but the deal wasn't made official by MLB until the announcement.
According to Paul Sullivan of the Chicago Tribune, Concepcion will receive $6 million over the course of the contract. While the investment in the Cuban defector is quite substantial, Concepcion will be sent to minor league spring training to begin his American career.
Despite signing for more than most first-round draft picks, Concepcion generally isn't considered an elite prospect like other Cuban defectors such as Yoenis Cespedes and Jorge Soler.
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