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Cuban outfielder Jorge Soler is officially a free agent

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Let the bidding begin.

According to Ken Rosenthal of FOXSports.com, Cuban outfielder Jorge Soler is now officially a free agent and can sign with any team.

We haven’t heard much on Soler over the past couple of months, as he has been waiting to be cleared by the U.S. Treasury Department’s Office of Foreign Assets Control. The 20-year-old Cuban defector isn’t major league ready like A’s outfielder Yoenis Cespedes, but he is highly-regarded for his raw power potential. The Cubs, Red Sox, Orioles, Phillies, Yankees, White Sox and Indians are just a few of the teams who have been mentioned as possible landing spots.

The timing on this is key, as Soler won’t be subjected to the collective bargaining agreement’s new international spending rules if he signs before July 2. In other words, MLB teams can bid as much as they want on him for the next month. He’s expected to receive a contract north of the $15.5 million deal the Rangers gave Cuban center fielder Leonys Martin last year.

UPDATE: Patrick Mooney of CSNChicago.com reports that the Cubs have “done their homework” on Soler and are very interested in him. There was a report back in February that the Cubs were expected to sign Soler, so this doesn’t come as a big surprise, but it’s safe to call them one of the favorites.

UPDATE II: Ben Badler of Baseball America reports that while Soler is a free agent, he technically can’t sign with a team yet because his agent must first produce an unblocking license from the Office of Foreign Assets Control (OFAC) or two permanent residency documents. However, MLB likely wouldn’t have declared him a free agent if this was going to be a problem.

Report: Mark Trumbo signs three-year, $37.5 million contract with Orioles

TORONTO, ON - OCTOBER 04:  Mark Trumbo #45 of the Baltimore Orioles runs the bases after hitting a two-run home run in the fourth inning against the Toronto Blue Jays during the American League Wild Card game at Rogers Centre on October 4, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
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Update #2 (6:21 PM EST): Make that $37.5 million, per Heyman.

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Update (6:02 PM EST): The deal is for “around” $37 million with deferrals that lower the present-day value, per Jeff Passan of Yahoo Sports.

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Jon Heyman of FanRag Sports reports that free agent 1B/OF Mark Trumbo is close to a deal with the Orioles. He first reported that the two sides were back in touch earlier on Thursday afternoon. According to Ken Rosenthal of FOX Sports, the deal is expected to be for three years and under $40 million.

Trumbo’s market hasn’t developed as he expected. The slugger turned down the Orioles’ $17.2 million qualifying offer back in November. Then the Orioles reportedly made a four-year contract offer to him in December but pulled it off the table. Most recently, a report indicated that Trumbo lowered his expectations to a three-year deal in the $40-50 million range.

Trumbo, 31, led the majors with 47 homers for the Orioles this past season. He also hit a solid .256/.316/.433 with 108 RBI in 667 plate appearances. With Trumbo back in the fold and some slight offensive upgrades made, the Orioles figure to have a formidable offense in 2017.

Astros avoid arbitration with Mike Fiers

SEATTLE, WA - SEPTEMBER 17: Starting pitcher Mike Fiers #54 of the Houston Astros walks to the dugout after pitching an inning during a game against the Seattle Mariners at Safeco Field on September 17, 2016 in Seattle, Washington. The Astros won the game 2-1. (Photo by Stephen Brashear/Getty Images)
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The Astros avoided arbitration with pitcher Mike Fiers, agreeing on a $3.45 million salary for the 2017 season, per Jake Kaplan of the Houston Chronicle. The right-hander was in his first of three years of arbitration eligibility.

Fiers, 31, made 30 starts and one relief appearance for the Astros in 2016. He finished the year with a 4.48 ERA and a 134/42 K/BB ratio in 168 2/3 innings.

Fiers had a much better showing in 2015 as well as in limited action in 2014, so the Astros are hoping he rediscovers that effectiveness going forward. He’ll slot into the back of the starting rotation.