It’s official: the Dodgers sign Yasiel Puig for seven years, $42 million

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We heard about it yesterday but now it’s official. And thanks to the new rules of the Collective Bargaining Agreement, this will be the last big dollar international free agent signing you’ll be seeing:

The Los Angeles Dodgers have signed Cuban outfielder Yasiel Puig to a seven-year contract.

The Dodgers announced the deal on Friday. The team didn’t reveal the financial numbers, but numerous media reports pegged the contract at $42 million, a record for a Cuban defector.

The 21-year-old Puig has rarely played outside Cuba, but excelled with Cienfuegos during the 2010-11 season before sitting out last season. He has made numerous attempts to defect, and recently established residency in Mexico.

That’s a lot of money for a guy scouts are somewhat iffy on, but he’s young and the deal is long so if he does pan out as a regular, it won’t look too bad.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.