Yankees sign Dominican prospect Molina

The Yankees have added a promising five-tool talent to their prospect pipeline, signing 16-year-old Dominican outfielder Leonardo Molina to a deal that includes a $1.4 million bonus.

Molina, who was unable to sign with a Major League organization until he celebrated his 16th birthday on Thursday, is ranked fifth on MLB.com's list of international prospects.

The 6-foot-2, 170-pound Molina bats right-handed and throws right-handed. He has impressed scouts with his defense, running ability and arm strength, leading some to believe that he projects as an above-average center fielder in the future.

Molina was a top prospect in the Dominican Prospect League and has been discussed as arguably the best athlete in this year's class.

The signing puts the Yanks over their allotted bonus pool by 4.9 percent ($1,970,000 to $1,877,900), which means they will pay a 75 percent tax on the overage. That amounts to $69,075.