Jun 30, 2012, 4:05 PM EST
We learned earlier this month that the Cubs agreed to sign Cuban outfielder Jorge Soler to a nine-year, $30 million contract. The deal was made official today, just two days before the new international spending cap goes into effect.
According to CSNChicago.com, Cubs general manager Jed Hoyer said this afternoon that Soler will occupy a spot on the team’s 40-man roster. The 20-year-old will have the ability to opt out of his contract once he qualifies for arbitration, but he will remain under team control. If he opts out of the deal, his salary will be determined by the arbitration process. As a result, Soler may end up making considerably more than $30 million. Of course, the Cubs probably won’t be too upset if he pans out and performs well enough to justify the raise.
Soler is listed at 6-foot-3 and 205 pounds and his highly-regarded for his power potential. He is expected to begin his pro career as a right fielder, but the Cubs will have him do some baseball activities in Mesa, Arizona before he joins one of the organization’s minor league affiliates. Patience will be required, but he’s a pretty exciting prospect.