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Yasiel Puig Signing: Dodgers Nab Cuban OF For $40 Million, According To Report

Cuban outfielder Yasel Puig signed a multi-year deal worth more than $40 million with the Los Angeles Dodgers, according to Jesse Sanchez of MLB.com. Puig was officially declared a free agent by Major League Baseball on Thursday, and prior to his deal with the Dodgers the 21-year-old prospect was linked to the Chicago White Sox and Chicago Cubs.

The $40 million figure exceeds the value of the deals for Yoenis Cespedes and Jorge Soler, who signed for $36 million and $30 million, respectively. As Sanchez points out, the Dodgers had to move quickly on the deal and will need to finalize it before Monday in order to avoid restrictive new CBA guideliens:

In order to avoid being subject to new CBA guidelines that will limit spending on international prospects to $2.9 million per team without penalty, Puig must sign the record-setting deal, have the contract approved by Major League Baseball and pass a physical before Monday.

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