Yankees, Red Sox “heavy favorites” for Yoan Moncada

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Fangraphs’ Kiley McDaniel reports that the Yankees and Red Sox are the “heavy favorites” to sign Cuban infielder Yoan Moncada.

Moncada, who is still just 19, is considered a fantastic prospect. He’s expected to land a contract in the $30-40 million range. He’s still not eligible to be signed, however, as he has not received official clearance from the United States’ Office of Foreign Assets Control and won’t be able to start negotiating with teams until he gets that clearance.