Cuban infielder Yoan Moncada is another step closer to signing with an MLB team
While MLB still needs to give their approval, it appears that Cuban infielder Yoan Moncada is one step closer to finally signing with a team. Jesse Sanchez of MLB.com has the story:
David Hastings, the agent for Cuban infielder Yoan Moncada, received a notification from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday night stating that his player may be generally licensed as an unblocked national, according to new guidelines for a general license amended Jan. 16, 2015.
This should seemingly clear the way for Moncada to sign with the Major League club of his choice.
The letter, acquired by MLB.com, is in response to Moncada’s request to be specifically licensed as an unblocked national, pursuant to the Cuban Assets Control Regulations (CACR) in a letter sent to OFAC on Sept. 25, 2014.
Section 515.505(a)(2) of the CACR unblocks “any individual national of…
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