Angels acquire worldwide slot money in deal with Twins


Teams interested in signing Ohtani are limited to the amount they have available in their global bonus pools.

About an hour later, Seattle announced that it had sent minor league catching prospect David Banuelos to Minnesota in exchange for $1 million of the Twins worldwide pool money.

The Mariners and Angels were among the seven teams to meet with Ohtani in Los Angeles this week.

This is significant because the Mariners and Angels are two of seven teams still in the running for Ohtani, who profiles as both a potential ace on the mound and impact hitter at the plate, and Ohtani is subject to the strict bonus limits that cover July 2 global free agents.

The 23-year-old is limited to a minor league contract because of restrictions imposed by the MLB collective bargaining agreement.

The Angels, who last week picked up $1.21 million in a trade with the Braves, are up to $2.315 million. Because Ohtani is under 25 he is subject to worldwide spending limits, which severely limits his earning power on the free market.

The Twins were unable to make it to the final round in the competition for Shohei Ohtani, but they still found a way to capitalize on the mania surrounding the two-way Japanese sensation.

Mariners sent catching prospect David Banuelos to the Twins for $1 million in global bonus pool money. One might be right, though one or both will also be wrong. The Texas Rangers have the most slot money available with $3,535,000.

Los Angeles paid Pearson, 19, above slot at $1 million to keep him from signing with LSU after taking him in the third round in June. Banuelos, 21, hit.236 with four home runs in 36 games for the Class A Everett (Wash.) AquaSox after signing in July.

Banuelos was a fifth-round draft pick this year from Long Beach State.

Ohtani's representatives told the Twins on Sunday he would not sign with Minnesota.