The International Signing Period starts on Monday, July 2nd. This year all teams will be limited to spending $2.9 M on the international market. That shouldn't impact the Pirates much. Their budget the last few years has been $3 M, and they mostly prefer to go with lower bonus guys, rather than spending it all on one player.
They have made a few exceptions in the past few years to go over their $3 M budget. Luis Heredia's $2.6 M bonus put them at $5 M in 2010, and Harold Ramirez's $1.05 M bonus last year put them at $4 M in spending. This year there will be strict penalties for teams that go over the bonus pool, which will prevent the Pirates from such an approach.
That won't prevent the team from signing a top prospect, and they've already been linked to one of the top guys on the market. Ben Badler of Baseball America has released his top 20 international prospects in preparation for the upcoming signing period (scouting reports for subscribers here). Badler mentions that the P...
Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.