The Yankees reportedly have agreed to terms with 16-year-old Gary Sanchez, a top catching prospect from the Dominican Republic, although he can't be signed officially until after the international signing period begins July 2.
According to a report in the New York Post, the Yankees and Sanchez have agreed to a $2.5 million deal. The Yankees did not comment in the Post report, and an anonymous Yankees source was cited as saying nothing is guaranteed until a contract is signed.
Sanchez is a 6-foot-2, 210-pound right-handed hitter said by a talent evaluator quoted by the Post to be a "big kid with a big arm" and a "real good hitter, but he doesn't hit like Jesus Montero."
In 2006, the Yankees signed Montero, a Venezuelan teen, to a $1.6 million bonus. He has performed well since, advancing to Double-A Trenton, where he is batting .283 with three RBIs in 13 games since being promoted from Tampa, where he hit eight homers and had 37 RBIs.
The Post reported the Yankees are also interested in Dominican shortstop Miguel Angel Sano and two Cuban defectors, left-hander Noel Arguelles and shortstop Jose Iglesias, both in the Dominican since defecting last summer.
John Schlegel is a national reporter for MLB.com and writes an MLBlog, The Grind. This story was not subject to the approval of Major League Baseball or its clubs.