According to George A. King III at the New York Post, the Yankees have agreed to sign 16-year-old Dominican catching prospect Gary Sanchez. A contract won't be in place until July 2nd when the international signing period kicks off, but Sanchez will reportedly make $2.5MM in the deal.
Last week, Jorge Arangure noted that the Yankees had made it "very clear" Sanchez was their top choice of the international market. One scout in King's article called Sanchez a "big kid with a big arm" and a "good hitter" but claims he doesn't have the bat of fellow Yankees catching prospect Jesus Montero. The Yankees still retain interest in Miguel Angel Sano, sources tell King.