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Yoenis Cespedes’ price tag expected to rise above $50 million

Dec 2, 2011, 12:48 PM EDT

Yoenis Cespedes AP AP

Jerry Crasnick of has an update on Yoenis Cespedes and says “the buzz in baseball circles is that it will take north of $50 million to sign” the 26-year-old Cuban outfielder.

Cespedes still has to establish residency in the Dominican Republic to officially become a free agent, but that’s viewed as merely a formality at this point.

And because he’s 26 years old with multiple seasons of professional experience Cespedes’ signing won’t be impacted by the recent collective bargaining agreement changes restricting international spending.

Aroldis Chapman received $30 million from the Reds after leaving Cuba in 2009 and just about every team in baseball has attended one of Cespedes’ workouts, including multiple general managers traveling to the Dominican Republic to get an in-person look. And of course there’s also the amazing 20-minute YouTube video that made the rounds last month.

  1. purnellmeagrejr - Dec 2, 2011 at 12:52 PM

    Once every 2,000 years or so someone comes along who really makes a difference. This time he’s Cuban and his name is Yoenis!

  2. cur68 - Dec 2, 2011 at 12:53 PM

    And he’s in the best shape of everyone’s lives; don’t forget that bit.

  3. baseballisboring - Dec 2, 2011 at 2:07 PM

    50 million is one hell of a risk. This guy is a big question mark.

  4. dexterismyhero - Dec 2, 2011 at 3:51 PM

    Maybe they meant 50 million Pesos……………

  5. mojosmagic - Dec 2, 2011 at 8:55 PM

    Remember he is 26 years old in Cuban years.

  6. mgflolox - Dec 3, 2011 at 1:35 AM

    Sorry, I just can’t see it. If he were 18 years old, maybe, but how many good years are you going to get out of this guy? He’s already in his athletic prime, so it’s likely that he’s going to decline every year from his rookie season. This isn’t Ichiro we’re talking about, Cuban baseball is not on par with the Japanese Major Leagues.

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