12:57pm: However, Peter Gammons hears that the Red Sox offered less than $2MM for Martin (Twitter link).
THURSDAY, 12:44pm: The Red Sox offered Martin over $12MM and the Rangers topped that offer, according to Danny Knobler of CBS Sports. Knobler hears good things about Martin from a scout whose team dropped out of the bidding.
WEDNESDAY: The Rangers are close to signing Cuban center fielder Leon'ys Martin to a Major League deal, according to Jeff Wilson of the Fort Worth Star-Telegram. The 23-year-old defected from Cuba last year and hit free agency last month. If the Rangers complete the signing, Martin will start his career in the minor leagues.
Baseball America's John Manuel described Martin as a speedy outfielder who plays strong defense. He was a bench player for Cuba in the 2009 World Baseball Classic and is "considered an elite prospect," according to ESPN.com's Jorge Arangure Jr.