The Padres are in agreement on a deal with Cuban left-hander Osvaldo Hernandez, reports Jorge Ebro of El Nuevo Herald (via Twitter). The 18-year-old southpaw, who was declared a free agent last month, will receive a $2.5MM signing bonus. Because the Padres have shattered their league-issues international spending allotment already, Hernandez will come with a 100 percent luxury tax, meaning he’ll effectively cost the Friars a total of $5MM.
Hernandez hasn’t been included on lists of top international prospects from Baseball America, Fangraphs, MLB.com, etc., making information on him somewhat scarce. However, we’ve seen players from such lists secure far less than the $2.