Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties

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After months in the making 19-year-old Cuban switch-hitter Yoan Moncada has settled on a team, signing with the Red Sox for what Jesse Sanchez of MLB.com says is $31.5 million.

Most projections had Moncada getting $30-$40 million and by committing that much money to a prospect the Red Sox a) pay a 100 percent tax for exceeding the international bonus pool, meaning it’s really a $63 million investment, and b) forfeit their ability to spend significant money on international prospects for the next couple seasons.

But if Moncada develops into the type of player many people think he’s capable of being, they won’t care one bit. Ben Badler of Baseball America writes that Moncada is now one of the top-10 prospects in all of baseball and ranks as the Red Sox’s top prospect, projecting him to become a power-hitting third baseman or second baseman.

Phillies pick up Matt Strahm with 2-year deal

Paul Rutherford-USA TODAY Sports
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PHILADELPHIA — Left-handed pitcher Matt Strahm joined the Philadelphia Phillies on a two-year deal, the team announced.

The 31-year-old free agent was a relief pitcher for the Boston Red Sox in the 2022 season, with a 3.83 ERA in 50 appearances, striking out 52, giving up 17 walks and allowing just five home runs.

Strahm has been a reliever and a starter over his seven seasons in the MLB, playing for Kansas City and San Diego before landing in Boston.

The Phillies did not say how much Strahm’s deal was worth in the news release.

After falling short in the World Series to the Houston Astros, Philadelphia has been on an offseason spending spree, picking up shortstop Trea Turner and right-handed starter Taijuan Walker.