MLB reaches deal with Mexican League on signing players
NEW YORK (AP) — Mexican League baseball players will be eligible to sign with major league teams as free agents after they are 25 years old and have six or more years of professional league experience.
Major League Baseball, the Major League Baseball Players Association and the Liga Mexicana de Beisbol announced a two-year transfer agreement Tuesday.
Mexican teams may release players to sign with MLB clubs before they have foreign professional status under the deal.
For a player under contract to a Mexican League club who is leaving to sign with a major league team, the major league club will owe the former team 15 percent of the guaranteed value of a major league contract or 35 percent of the signing bonus of a minor league contract.
MLB previously reached agreements with leagues in Japan, South Korea, Taiwan and Cuba.