Most teams will have a hard cap of $4.75 million to spend on international signings

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Ben Badler of Baseball America reports the breakdown of the international signing limits each team is subject to under the new Collective Bargaining Agreement. As you’ll recall, for the first time, teams are subject to a hard cap on the amount they can spend on such players.

While most reports of the new rules for international free agents talked about the cap as being “between $5-6 million,” in reality, the majority of teams will be subject to a cap of $4.75 million. Indeed, 16 of baseball’s 30 teams are limited to that number. Six others will have up to $5.25 million to spend and eight will have up to $5.75 million.

Only signings of players aged 25 and over who have six years or more of professional experience in, say, Japan or in Cuba, are exempt from the cap.

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.