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The date international prospects, their families and teams across the league have been dreaming about has finally arrived.

Welcome to Jan. 15. The international signing period, which runs through Dec. 15, is officially underway.

Today matters because hundreds of international prospects will take the next step in their development when they sign with big league clubs on the first day they’re eligible to do so. There will be hundreds more who will follow them until the middle of December

Below is a look at which players from MLB.com’s Top 50 International Prospects list have agreed to terms with clubs, and for how much. Unless otherwise noted, clubs have not confirmed the deals.

1. Roderick Arias, SS, Dominican Republic – Yankees ($3,500,000) More »
2. Cristian Vaquero, OF, Cuba – Nationals (est. $4,900,000) More »
3. Ricardo Cabrera, SS, Venezuela – Reds More »
4. William Bergolla, SS, Venezuela – Phillies ($2,200,000) More »
5. Oscar Colas, OF, Cuba – White Sox ($2,700,000)  More »
6. Anthony Gutierrez, OF, Dominican Republic – Rangers ($2,000,000) More »
7. Samuel Munoz, OF, Dominican Republic – Dodgers More »
8. Lazaro Montes, OF, Dominican Republic – Mariners ($2,500,000) More »
9. Ryan Reckley, SS, Bahamas – Giants ($2,200,000) More »
10.  Diego Benitez, SS, Venezuela – Braves ($2,500,000) More »
11. Tony Blanco Jr., OF, Dominican Republic – Pirates ($900,000) More »
12. Yordany De Los Santos, SS, Dominican Republic – Pirates ($1,200,000) More »
13. Javier Osorio, SS, Venezuela – Tigers ($2,200,000)  More »
14. Jonathan Mejia, SS, Venezuela – Cardinals More »
15. Dyan Jorge, SS, Cuba – Rockies ($2,800,000) More »
16. Simon Juan, OF, Dominican Republic – Mets ($1,900,000) More »
17. Yasser Mercedes, OF, Dominican Republic – Twins ($1,700,000) More »
18. Alexis Hernandez, SS, Dominican Republic – Cubs ($1,300,000) More »
19. Freili Encarnacion, SS, Dominican Republic – Red Sox ($1,200,000) More »
20. Jaison Chourio, OF, Venezuela – Guardians ($1,200,000) More »
21. Jhonny Severino, SS, Dominican Republic – Brewers More »
22. Braylin Tavera, OF, Dominican Republic – Orioles ($1,700,000) More »
23. Johan Barrios, OF, Venezuela – Brewers More »
24. Yendry Rojas, SS, Cuba – Padres ($1,300,000) More »
25. Juan Olmos, C, Colombia – Royals ($800,000) More »
26. Luis Rodriguez, C, Venezuela – Cardinals More »
27. Jose De Jesus, OF, Dominican Republic – Rangers ($1,200,000) More »
28. Erick Hernandez, OF, Dominican Republic – White Sox ($1,000,000) More »
29. Nelson Rada, OF, Venezuela – Angels ($1,800,000) More »
30. Juan Perez, C, Venezuela – Giants ($1,200,000) More »
31. Jarlin Susana, RHP, Dominican Republic – Padres ($1,700,000) More »
32. Anthuan Valencia, SS, Venezuela – Reds More »
33. Luis Meza, C, Venezuela – Blue Jays ($2,250,000) More »
34. Johanfran Garcia, C, Venezuela – Red Sox ($650,000 range) More »
35. Yilber Herrera, SS, Dominican Republic – Twins ($700,000) More »36. Abdidas De La Cruz, SS, Dominican Republic – D-backs ($1,200,000) More »
37. Accimia Morales, RHP, Venezuela – Dodgers More »
38. Randy De Jesus, OF, Dominican Republic – Angels ($1,200,000) More »
39. Bryan Acuna, SS, Venezuela – Twins ($650,000) More »
40. Victor Izturis, C, Venezuela – Guardians ($1,200,000) More »
41. Michael Arroyo, SS, Colombia – Mariners ($1,300,000) More »
42. Kenny Gomez, OF, Cuba – Astros ($700,000) More »
43. Adan Sanchez, INF, Panama – Cubs ($1,500,000) More »
44. Yoffry Solano, SS, Dominican Republic – Marlins ($750,000) More »
45. Henry Ramos, OF, Dominican Republic – Royals ($800,000) More »
46. Leandro Arias, SS, Dominican Republic – Orioles ($600,000) More »
47. Rosman Verdugo, SS, Mexico – Padres ($700,000) More »
48. Martin Gonzales, INF, Dominican Republic – Mariners ($1,300,000) More »
49. Esmith Pineda, OF, Panama – Reds More »
50. Fraymi De Leon, SS, Dominican Republic – Red Sox ($1,100,000) More »

Twenty-five of the players on the 2021 Top 50 International Prospects list are from the Dominican Republic. There are 15 prospects from Venezuela, four from Cuba, two from Colombia, two from Panama and one each from the Bahamas and Mexico. Position-wise, there are 26 infielders, 16 outfielders, two pitchers and six catchers. Athletes who play up the middle, more specifically either at shortstop or in center, are generally the most coveted prospects on the international market. However, there has been an increase in pitching prospects and catching prospects, especially from Venezuela, in recent years.

International signing rules, spending

Major League Baseball and the MLB Players Association finalized a deal in March 2020 that addressed the international signing period during the pandemic. The 2021-2022 international signing period begins Jan. 15, 2022, and runs through Dec. 15, 2022. It’s the second year in a row the period is scheduled to begin in January.

These are the international bonus pools for the 2021-22 signing period:

Clubs that received a Competitive Balance Pick in Round B of the Draft (Cardinals, D-backs, Indians, Orioles, Padres, Pirates, Rockies and Royals) received a pool of $6,262,600, while clubs with a Competitive Balance Pick in Round A (Brewers, Marlins, Rays, Reds, Tigers, and Twins) received $5,721,500.

The base signing pool for the Angels, Astros, Athletics, Braves, Cubs, Giants, Mariners, Mets, Nationals, Phillies, Rangers, Red Sox, White Sox and Yankees is $5,179,700. The Dodgers and Blue Jays forfeited $500,000 from their pools for signing players who had rejected qualifying offers — Trevor Bauer and George Springer, respectively — last offseason, so each has a pool of $4,644,000.

Teams will also not be allowed to trade international bonus slots during this signing period.

There are guidelines for signing prospects. An international player is eligible to sign with a Major League team between Jan. 15 and Dec. 15. He must turn 16 before he signs and be 17 before Sept. 1 the following year — in practical terms, that means players born between Sept. 1, 2004, and Aug. 31, 2005, will be eligible to sign in the upcoming signing period. Players have to be registered with Major League Baseball in advance in order to be eligible to sign.

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