UPDATE 11:59 AM: The Pirates officially announce the move, via press release. Also in the release is a statement from Rene Gayo:

“We are very excited to sign Michael. He is a young player with now tools that are still developing. He is also an instinctive and aggressive performer with a very strong opportunity to be a five-tool player. I want to thank and congratulate Scouting Supervisor Juan Mercado and our staff for doing such a fine job on the acquisition of this player.”

11:27 AM: The Pittsburgh Pirates have signed center fielder Michael DeLaCruz for $700,000, Pirates Prospects has learned. De La Cruz is from Santo Domingo in the Dominican Republic, and is a lefty/lefty outfielder. The bonus given to DeLaCruz matches the bonus given to Julio DeLaCruz (no relation between the two)...

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