George King has the story. The Yanks and top IFA catching prospect have agreed to a 2.5 million dollar deal in advance of the July 2 deadline. He writes:
MIAMI — According to several connections in the Dominican Republic, the Yankees and catching prospect Gary Sanchez have agreed to a $2.5 million deal.
Sanchez, 16, isn’t eligible to sign until July 2, but the Yankees’ dogged pursuit of the right-handed hitter has resulted in him wanting to sign with the club.
Nothing can be made official until July 2, but deals are made in advance all the time. Looks like the Yanks are continuing to focus on Jorge Posada’s eventual replacement, although when talking about a 16 year old who is at least 5 years away, Gary Sanchez could very well be Jesus Montero’s replacement if the Yanks decide to move Jesus out from Catcher to 1B or an outfield role.
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