Headlines

Go To Pro Hockey Rumors
Go To Hoops Rumors

Eddy Julio Martinez

Further Details On Eddy Julio Martinez’s Deal With Cubs

By | at

Cuban center fielder Eddy Julio Martinez’s $3MM signing bonus from the Cubs has generated quite a bit of controversy, as reports prior to that signing indicated that he’d reached a $2.5MM deal with the Giants. San Francisco GM Bobby Evans had acknowledged the agreement, but Martinez soon after the fact was said no longer to be signing with the Giants.

Henry Schulman of the San Francisco Chronicle sheds some light on the scenario. As has been previously reported, Martinez hired U.S.-based agents at the Beverly Hills Sports Council to represent him, but he also was already employing local agents (or “buscones”) from the Dominican Republic — at least two more, per Schulman. Martinez’s family hired BHSC to conclude negotiations once his buscones had agreed to a deal with a team.

The Giants received a signed offer sheet from Martinez’s agents at BHSC, and the story was picked up by the media, and the Giants, according to Schulman, believed that the Cubs saw the report and upped their offer to Martinez’s buscones at the last minute. A source tells Schulman that when the Giants met with Martinez’s buscones to collect a signature from Martinez himself in the Dominican Republic, San Francisco was informed that Martinez would not be signing after all.

Schulman writes that those familiar with the Cubs’ side of the story reject the notion of upping their offer based on media reports, saying the Cubs had been speaking to Martinez’s buscones for quite some time, and the buscones stayed in contact with Chicago after BHSC took over talks with the Giants. In the end, Major League Baseball concluded that the player’s signature was final, as opposed to an offer sheet signed by Martinez’s U.S. agents. The league also cleared the Cubs of any wrongdoing in the scenario.

While the entire situation undoubtedly seems shady from the outside, it’s not unprecedented. The Giants themselves even benefited from a similar situation this year, as MLB.com’s Jesse Sanchez reports (links to Twitter). San Francisco’s top international signing was Bahamian shortstop Lucius Fox, who received a $6MM signing bonus (which cost the Giants $12MM after luxury tax considerations). However, the Dodgers believed they had a deal with Fox right up until the international signing period kicked off on July 2 and were “stunned” to learn that he would instead sign with the Giants.

Per Sanchez, Fox’s father played a large role in the decision to sign with the Giants over the Dodgers, and Martinez’s father was involved in the Giants/Cubs situation as well. Schulman hears that the Giants acquired Fox’s signature by sending a team representative to his 18th birthday party.

Evans referred to the international prospect scene as the “wild wild West” when speaking to Schulman about the situation, adding: “Without an international draft, a player remains an international free agent until he signs a contract. That’s why, when deals get reported early, it’s not an advantage to the club making the deal.”

Eddy Julio Martinez To Sign With Cubs

By | at

Cuban center fielder Eddy Julio Martinez’s free agency has been surrounded by controversy, but the 20-year-old has officially signed with the Cubs, reports Baseball America’s Matt Eddy.

Expectations for Martinez were high heading into this year’s international free agency period, with some outlets estimating that he’d sign a $10MM+ bonus. Martinez rumors went quiet for an extended period of time, though, before it was reported that he’d hired new representation and is now represented by the Beverly Hills Sports Council. Martinez agreed to a $2.5MM signing bonus with the Giants — an agreement which GM Bobby Evans publicly acknowledged — but it was soon reported that Martinez wouldn’t sign with the Giants and instead sought a $3MM bonus.

That bonus materialized shortly thereafter, as the Cubs swooped in and reached a reported agreement. However, it was soon revealed that that Major League Baseball was determining whether or not the Giants’ agreement was binding. At the heart of the issue was that Martinez had multiple agents negotiating on his behalf, with his BHSC reps striking the deal with the Giants via a series of texts and emails. Martinez was also employing multiple “buscones,” or street agents, who brokered the deal with the Cubs. Had the agreement with the Giants been ruled to be binding, it would have superseded Martinez’s larger agreement with the Cubs.

That, clearly, was not the case though, as Eddy and MLB.com’s Jesse Sanchez have both reported today that Martinez will go to the Cubs. He’ll add to an impressive crop of international talent signed by the Cubs, who spent $8.65MM on July 2. That means they’ll be taxed at 100 percent on their $3MM signing of Martinez, meaning they effectively paid $6MM to secure his services.

Latest On Eddy Julio Martinez, Cubs, Giants

By | at

TODAY: MLB.com’s Jesse Sanchez reports some additional details on the situation. San Francisco’s claim to a signing is based upon “a series of texts and emails” that were exchanged with BHSC. The Giants filed paperwork with the league, per the report, but it appears that Martinez has yet to sign anything with the club. Chicago, meanwhile, struck its deal with Martinez’s Dominican representatives.

YESTERDAY: The controversy surrounding Cuban center fielder Eddy Julio Martinez is now in the hands of Major League Baseball officials, reports Jon Heyman of CBS Sports. MLB is working to decide whether Martinez, 20, will become property of the Giants or Cubs and hopes to have a ruling by the end of the week, per Heyman.

One of the most sought-after prospects on this year’s international free agent market, Martinez agreed to a $2.5MM signing bonus with the Giants about two weeks ago. Giants general manager Bobby Evans publicly acknowledged the agreement, though the team never made an official announcement of the signing. Shortly after, ESPN’s Keith Law reported that Martinez would not be signing with the Giants and remained on the free agent market.

Following that unusual sequence of events, Martinez reportedly agreed to sign with the Cubs for a larger bonus of $3MM. However, since that time, Evans has come out and said that the Giants are still in the running for the highly touted Martinez.

According to Heyman, the heart of the issue here is that Martinez has multiple representatives negotiating on his behalf. While he is a client of MLBPA certified agents Rick Thurman and Rafael Nieves of the Beverly Hills Sports Council, Martinez also has multiple “buscones,” or “street agents” as Heyman terms them. Multiple people are laying claim to the role of agent for Martinez and, as such, there’s uncertainty regarding the validity of Martinez’s deal with the Giants.

It’s not known which parties negotiated which deal, but MLB is working to determine whether or not the agreement with the Giants was binding. That deal was struck before the agreement with the Cubs, and the Giants, according to Heyman, believed it to be binding at the time it was made.

Martinez, a right-handed hitting center fielder, draws praise for his power and speed, though some scouts believe his pop will only translate to doubles power in the end, and he’s more of a corner outfielder than a true center fielder. Those that are more bullish have likened his tools to those of Andruw Jones, though that’s a lofty comparison and obviously a best-case scenario as opposed to a likely outcome. Both the Giants and Cubs have already incurred the maximum penalty level for exceeding their allotted international bonus pools. That means that either would pay a 100 percent luxury tax on Martinez’s signing bonus, so he’d actually cost the Giants $5MM and the Cubs $6MM in total.

Evans: Giants Still In Hunt For Eddy Julio Martinez

By | at

Despite multiple reports suggesting that free agent outfielder Eddy Julio Martinez had agreed to terms with the Cubs, Giants GM Bobby Evans indicated today that his team remains in the chase for the young Cuban. Evans made those comments in a podcast interview with Tim Kawakami of the Mercury News.

Martinez, of course, had initially been set to join the San Francisco organization — as Evans himself acknowledged — before that deal reportedly fell through. Reports suggested that Martinez was seeking a $3MM bonus, a $500K increase over what he had been said to be getting from the Giants. Just one day later, Martinez was said to have reached a contract with the Cubs at the higher amount.

“That’s probably going to be a great story here in the near future,” Evans said of the Martinez situation. He noted that he is still holding talks with the youngster’s agents at BHSC. When asked whether San Francisco still had a shot at landing Martinez, Evans responded: “I want to be careful not to be too presumptuous, but yeah, I think there’s still that chance.”

Needless to say, there’s an immense amount of uncertainty and a general lack of clarity regarding Martinez’s status. It remains unclear what kinds of motivations and factors are driving the unusual situation.

Cubs To Sign Eddy Julio Martinez

By | at

The Cubs have reached agreement with Cuban outfield prospect Eddy Julio Martinez, MLB.com’s Jesse Sanchez reports on Twitter. He’ll receive the $3MM bonus that he was reportedly seeking.

Martinez, 20, had been said to be in agreement with the Giants earlier in the week. The $2.5MM deal was said to be complete pending only a physical, with San Francisco GM Bobby Evans acknowledging it to the press. But things fell apart, apparently for financial reasons, as Sanchez reported that that the youngster was looking for a $3MM bonus.

Chicago swooped in to meet that asking price, adding him to an already-loaded class of international signings. The Cubs, like the Giants had previously committed to spending well past their overall pool allocation, meaning that they were already set to face a two-year ban on $300K+ signings. Adding Martinez did nothing to impact that, though the club will pay a 100% overage tax on his bonus.

We’ve heard some varying opinions on Martinez’s outlook over the last several months, but all agree that he is a legitimate prospect with a good hit tool and excellent speed. The questions are about his power potential and ability to handle center field in the long run. Read more on the BHSC client from Sanchez and Ben Badler of Baseball America (subscription required and recommended).

Eddy Julio Martinez Not Signing With Giants; Seeks $3MM Deal

By | at

TODAY: Martinez and his camp are “seeking a bonus closer to $3MM,” MLB.com’s Jesse Sanchez reports.

YESTERDAY: Giants GM Bobby Evans acknowledged weekend reports of an agreement between his team and Cuban center fielder Eddy Julio Martinez yesterday and said the team was excited about the prospect of finalizing the deal, but ESPN’s Keith Law now reports that the Giants are not signing Martinez, who remains available as a free agent (Twitter links). It’s worth noting that while Evans confirmed an agreement, the team did not formally announce the signing. While that may lead to speculation of a physical issue, Law says there’s no injury in this instance. In fact, he adds that he watched Martinez take batting practice today and came away very impressed.

Martinez, 20, was believed to be in line for a signing bonus in excess of $10MM, but the reported agreement with the Giants was a $2.5MM signing bonus. One of the most talked-about and highly ranked free agents earlier in the summer, Martinez curiously went months with his name scarcely coming up in news and rumors before the agreement with the Giants was reported. Fangraphs’ Kiley McDaniel chronicled the reasons for his falling stock in a chat with readers today, noting that teams were offering as much as $7MM earlier in the summer, but when Martinez’s camp wouldn’t bite on those offers, the teams moved on.

With Martinez back on the market, other teams that showed interest in him — the Dodgers, Cubs, Astros, Reds and Rangers were all intrigued, to varying extents — will again have the opportunity to strike a deal. Martinez reportedly switched agents in mid-September, hiring Rick Thurman and Rafael Nieves of the Beverly Hills Sports Council.

Martinez is said to possess a powerful, compact swing and the ability to hit the ball to all fields in addition to base-stealing upside due to his above-average speed. However, some scouts feel that he’s more of a doubles hitter than a home run hitter, and not all are convinced that he can stick as a center fielder. MLB.com’s Jesse Sanchez and Ben Badler of Baseball America each have scouting reports on Martinez (the latter requires a highly recommended subscription).

Baer, Evans On Rotation, Payroll, Pagan, Aoki, Petit, Martinez

By | at

As was the case with several other eliminated clubs, three key Giants figures addressed the media today, as Alex Pavlovic of CSNBayArea.com was among those to report. CEO Larry Baer, GM Bobby Evans, and manager Bruce Bochy all offered comments as the club looks ahead to the offseason.

  • The one unmistakable theme of the day was pitching, says Pavlovic. Evans explained that the team would “be open-minded” as it approached a market full of rotation options. There is “mutual interest” between the team and deadline acquisition Mike Leake, said Evans, who noted that “the timing may not be as quick as we would both like.” It isn’t clear what other arms may hold appeal, and the brass declined to indicate whether it would be active at the top of the market. Ultimately, the GM indicated that he’ll consider creative options, and left open the possibility that Chris Heston could continue in a starting capacity, which would leave only one spot to fill. Regardless, it’ seem a good bet that the club will look to add at least two starting-capable pitchers.
  • Payroll, of course, is always a huge factor, and Baer indicated that it will continue to move up in moderate fashion, as Andrew Baggarly of the Mercury News tweets. Baer didn’t give much in the way of clues as to how much cash could go to free agent pitching, but did make clear that the team would canvas the market “exhaustively” and would look for the “right fit” above all else, per Henry Schulman of the San Francisco Chronicle (Twitter links).
  • Looking further down the line, Evans offered significant praise for 22-year-old righty Clayton Blackburn. He “turned a corner” this year, said Evans, and joins a group of other younger arms as near-future rotation options.
  • Center fielder Angel Pagan will undergo a minor knee surgery with hopes of setting himself up for a fully healthy 2016 season. Evans’ comments suggested that Pagan is viewed as an everyday option. He said that he didn’t see the veteran moving to a corner role and noted that it would be “a lot to ask” of youngster Kelby Tomlinson to slide into platoon duty in center given his relatively recent introduction to outfield play.
  • Nori Aoki’s $5.5MM does not represent an easy decision for San Francisco, according to Evans. “It will be a close call,” said the GM. “We’re not ready to [make the decision] right now.”
  • The club has also yet to decide what to do with reliever Yusmeiro Petit. Evans called it “a hard choice to make if we decide to do anything different than tender” him in arbitration, but he’ll be building off of a $2.1MM salary. Skipper Bruce Bochy noted that the bullpen could use some reinforcement.
  • It is expected that the signing of outfielder Eddy Julio Martinez will be made official in the near-term, with Evans confirming the sides have an agreement. Evans indicated excitement over the ability to add the young Cuban player, who he suggested could one day man center for the club (via Henry Schulman of the San Francisco Chronicle, on Twitter).

Giants, Eddy Julio Martinez Agree To $2.5MM Deal

By | at

The Giants and highly-touted center field prospect Eddy Julio Martinez have reached agreement on a $2.5MM pact, according to MLB.com’s Jesse Sanchez (on Twitter).

Martinez, regarded by some as the top free agent on this year’s international market, has flown under the radar of late after generating quite a bit of buzz late in the spring and early this summer. It was written on multiple occasions that the 20-year-old center fielder was expected to command a bonus in excess of $10MM, but he will reportedly sign a deal worth only 25% of that.  The Giants have already spent heavily enough on international free agents to incur the maximum penalties, so the only further repercussion they’ll face with the Martinez deal is further luxury taxation.  Their high-priced class includes $6MM shortstop Lucius Fox, who is also rated as one of this year’s top international players.

The Dodgers, Reds, Cubs, Astros and Rangers were also linked to Martinez at various times.  As Sanchez noted in his free scouting report, Martinez has a compact and powerful stroke plus the ability to hit home runs to all fields. His speed gives him base-stealing upside, and he should be able to remain in center field thanks to good range in the gaps and an accurate throwing arm.  Baseball America’s Ben Badler (subscription only) is less bullish, suggesting Martinez’s power leads more to doubles than home runs and noting that not all scouts believe he’ll stick as a starter in center field.

Heyman’s Latest: Nats, Managers/GMs, Kennedy, Martinez, Beltre, Desmond

By | at

While Matt Williams is all but certain to be let go following the season, writes Jon Heyman of CBS Sports in his latest Inside Baseball column, a source close to the situation tells him that Nationals GM/president of baseball ops Mike Rizzo “isn’t going anywhere.” The ill-fated acquisition of Jonathan Papelbon and Rizzo’s backing of Williams has led to some speculation about his job, but Heyman indicates that Washington’s top decision-maker is safe. Heyman focuses on the Nats in a lengthy intro to his column, also notably reporting that the “ship has sailed” on the Cubs’ interest in Papelbon, making them an unlikely destination in a trade this winter. The Nats will try to unload Papelbon, though finding a trade partner in the wake of recent drama surrounding him will prove exceptionally difficult. Heyman also notes that Tyler Clippard and Gerardo Parra were Rizzo’s top two deadline priorities, but he didn’t have authorization to increase payroll, and thus turned to Papelbon, as the Phillies were willing to include money in the deal.

Some highlights from the rest of the lengthy but informative column…

  • In running down current GM vacancies as well as potential managerial openings, Heyman notes a number of likelihoods. Billy Eppler is expected to be offered the Angels’ GM position, he hears, but the Halos may go with the increasingly popular two-executive format, meaning Josh Byrnes could be hired as president to work above Eppler. Torey Lovullo’s name could surface as a candidate for the Padres, especially given CEO Mike Dee’s ties to Boston. Mariners GM Jerry Dipoto could have a tough time with Lloyd McClendon, whom one Mariners person described as even more old-school than Mike Scioscia, and Heyman hears that former Rangers bench coach/Angels front office assistant Tim Bogar could get a look.
  • The Indians will be looking for third basemen this winter and could seek upgrades in center field and right field as well.
  • Rockies GM Jeff Bridich is said to be a believer in young right-hander Eddie Butler, a former Top 100 prospect that has struggled mightily in the Majors. Others in the organization aren’t as sold on him.
  • The Tigers will be looking for a closer and at least one setup man this winter, and they could show interest in the Reds’ Aroldis Chapman on the trade market (though he strikes me as a questionable fit with just one year until free agency). Detroit will also be seeking rotation upgrades on the free agent market, and a few players of early interest are Scott Kazmir, Ian Kennedy and Jeff Samardzija. Trades for rotation help are also possible, though Detroit wants to hold onto Daniel Norris and Michael Fulmer.
  • Cuban outfield prospect Eddy Julio Martinez recently worked out for the Royals and had an impressive showing. The Dodgers and Giants remain interested as well, he adds. It’s worth also pointing out that each of those three clubs has already spent heavily enough on international free agents to incur maximum penalties, so the only further repercussion they’d face is further luxury taxation.
  • The Brewers will target rotation help this offseason, and Heyman calls Kennedy a “possibility.” To me, that’d seem like more of the same from recent winters, when Milwaukee added Matt Garza and Kyle Lohse — a pair of mid-range upgrades. Unlike those winters, however, they’re not close enough to contention this time around for me to see the logic in offering Kennedy a four-year deal, especially since he’ll probably end up with a qualifying offer attached to his name. On another Brewers’ note, Heyman writes that the team should listen on Jean Segura, given Orlando Arcia’s emergence in the minors, though I’m not sure Segura is teeming with trade value following another poor season.
  • Samardzija could be a target for the Yankees, who employ former Cubs GM Jim Hendry in their front office. Hendry was Chicago’s general manager when the team initially signed Samardzija and remains a believer in the right-hander.
  • The D-Backs, Nationals, Tigers, Cubs, Rangers, Yankees and maybe the Braves will all show interest if the Padres decide to move Craig Kimbrel this winter.
  • Adrian Beltre will need to undergo surgery to repair a severe thumb sprain through which he’s been playing for quite some time following the Rangers’ season.
  • There’s “no chance” that Ian Desmond would accept a one-year qualifying offer, writes Heyman, who presumes that the Nationals will make the offer. Though Desmond’s struggled this year, it shouldn’t be expected that any prime-aged player who isn’t coming off a major injury would accept the offer, in my view. Detractors will state that said player can’t find a similar average annual value on a multi-year deal, and while that may be true, locking in a more sizable payday once free agency is an option tends to be a greater priority. Heyman lists the Mariners, White Sox and Mets as speculative possibilities to enter the shortstop market. Desmond won’t top $100MM, like many once expected, but even with a QO in tow, he’ll be able to handily top $16MM, even at a lower AAV. And, if the offers don’t materialize, he can always sign a one-year deal at or near that rate later in the offseason.

NL Central Notes: Martinez, Byrd, Heyward, Lucroy

By | at

The Reds did indeed scout top Cuban outfield prospect Eddy Julio Martinez, tweets John Fay of the Cincinnati Enquirer, but they’re not likely to sign the 20-year-old, he adds. The Reds aren’t interested in incurring maximum penalties for exceeding their international bonus pool, which they’d almost certainly need to do in order to sign Martinez. The team that signs Martinez will likely have to pay a 100 percent luxury tax for every dollar spent over their allotted pool, and they’ll also be restricted from signing future international prospects for more than $300K in each of the next two signing periods. That, of course, hasn’t deterred some clubs from spending big, but it perhaps makes it more likely that we’ll see Martinez land with a team that has already exceeded its bonus pool by a substantial margin. Interestingly, though, Fay hears that the price tag may have dropped below the previous $10MM+ expectations (Twitter link).

Here’s more from the NL Central…

  • Prior to being traded to the Giants, Marlon Byrd had somewhat of a “spat” with Reds bench coach Jay Bell, writes Fay in a separate column. Per Fay, Byrd became upset after Bell asked him to pinch-hit in the bottom of the eighth inning the day before he was traded, but he then sent Brayan Pena into the on-deck circle instead. Byrd ultimately wound up pinch-hitting, but only after a discussion with manager Bryan Price. “I didn’t get in a spat with Jay Bell,” said Byrd. “I had a conversation with the manager about Jay Bell. We had conversations all year about him. If you want to know more about that, you’d have to talk to him.” Byrd was traded to the Giants the next day, though he said he left on good terms with the his teammates and had generally positive things to say about the Reds in the conversation with Fay and other reporters.
  • Bernie Miklasz of 101 ESPN breaks down Jason Heyward’s free agent stock, adding that he expects the Cardinals to make a push to retain their right fielder. Though the outfield looks crowded in the short-term, Matt Holliday’s contract is up after 2016, as is Jon Jay’s. As such, the team could boast a future outfield of Stephen Piscotty, Randal Grichuk and Heyward. While traditional numbers — homers, RBIs, batting average — don’t tell the full tale of Heyward’s value, Miklasz notes that more analytically inclined teams will be willing to make a big play for the 26-year-old. The Cardinals, Miklasz writes, prefer a higher annual value on a shorter-term deal than the risk of a nine- or 10-year pact, and they may even be open to including an opt-out clause, though that final point appears to be speculative in nature.
  • Though they’re division rivals, Cardinals manager Mike Matheny had no issues giving Brewers catcher Jonathan Lucroy some advice on how to handle the concussion symptoms with which he is currently dealing, writes the Milwaukee Journal-Sentinel’s Todd Rosiak. Matheny, whose playing career ended due to a long history of concussions, recommended a specialist for Lucroy to see and urged him to take his time, noting points in his career where he believes he may have suffered a concussion then returned to the field the very next day, only to take another foul ball to the mask.  “[Matheny] said it was not worth a repeat hit when you’re not healed up, because that’s when things get really, really bad in terms of not being able to drive, not being able to look at lights, throwing up and nausea and stuff like that,” said Lucroy. “He really stressed, ’Take your time.'” Dr. Micky Collins has told Lucroy that he can make a full recovery from what has been diagnosed as a vestibular concussion — or one that impacts his coordination and movement.
Show all

MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

hide arrows scroll to top