Tigers Pre-Sign 12-year-old From Venezuela for $4M

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Talk about getting a leg up on the competition. The Detroit Tigers have reached a "pre-agreement" worth $4 million with a 12-year-old from Venezuela, according to international baseball reporter Wilber Sanchez.

Keep in mind this isn't a legal contract—yet. For now, it's a verbal agreement on a future contract that Kevin Sosa will sign in four years, when he is 16 and eligible, according to MLB's international signing rules. He becomes the youngest player in international baseball history to be linked to an informal deal of this financial magnitude. 

Oliver Fox of Yahoo Sports reports that these agreements are "common" throughout baseball, and some are signed with players as young as 11 years old, but the $4 million figure "is unprecedented for a player of Sosa's age."

Tigers secure handshake agreement with 12-year-old for future $4M deal

The Tigers have $7.36M available to them in the current international signing period, so if and when this handshake deal becomes a reality in 2030, given the parameters as they exist now, Detroit would be taking a gamble, using over half of their available int'l spending quota. 

However, Sanchez reports that Sosa is regarded as "an elite talent with the tools and projection that would make him highly coveted by any of MLB’s 30 organizations. He already shows an advanced ability to handle fastballs in the 91-93 mph range."

The Tigers have handed out large sums to young Latin American players before, though this one is on another level.

And given the recent revelation of a young Latin American prospect caught lying about his age, and even faking his own death as a scam to secure one of these pre-signings, one has to wonder...