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Twins to sign No. 3 international prospect Urbina

Sources: Minnesota, Venezuelan teen agree to deal for $2.75 million
MLB.com @JesseSanchezMLB

The Twins have landed one of the most coveted prospects from Venezuela in this year's international class.

The Twins have landed one of the most coveted prospects from Venezuela in this year's international class.

:: 2018 International Signing Period ::

According to industry sources, Minnesota agreed to a $2.75 million bonus with outfielder Misael Urbina, No. 3 on MLB.com's Top 30 International Prospects list. There's also an additional $300,000 for college.

The club has not confirmed the deal.

On offense, the 16-year-old Urbina is a line-drive hitter with a high baseball IQ and projects to have plus speed and a plus hit tool. He has been clocked in the 6.5-6.6-second range in the 60-yard timed run. Urbina is already an advanced defender for his age and he's expected to improve. Scouts like his experience against high-level competition.

According to the rules established by the Collective Bargaining Agreement, clubs -- like the Twins -- that received a Competitive Balance Pick in Round B of the MLB Draft received a pool of $6,025,400, while clubs that received a Competitive Balance Pick in Round A of the Draft received $5,504,500. All other clubs received $4,983,500.

Teams are allowed to trade as much of their international pool money as they would like but can only acquire 75 percent of a team's initial pool amount. Additionally, signing bonuses of $10,000 or less do not count toward a club's bonus pool, and foreign professional players who are at least 25 and have played in a foreign league for at least six seasons are also exempt.

Jesse Sanchez, who has been writing for MLB.com since 2001, is a national reporter based in Phoenix. Follow him on Twitter @JesseSanchezMLB and Facebook.

Minnesota Twins