The Mets have traded outfielder Julio Concepcion and pitcher Andres Perez to the Angels in exchange for an International Signing bonus allotment slot. Ben Badler of Baseball America reports that the Mets have received the Angels' No. 2 bonus slot, which is valued at $360,500. The Mets now have an overall bonus pool worth $3.0251 million.
Concepcion has hit .238 in 6 games with the Brooklyn Cyclones this season. As a lifetime .277 hitter, the 23 year old has not been considered to be a "true prospect" according to Badler.
Perez has posted a 5.52 ERA in 14 2/3 in the Rookie Appalachian League.
Acquiring bonus slot money is a relatively in baseball. Nowadays, as the league is getting closer and closer to a having an international draft, teams are signing so many players from other countries. Ever since July 2, teams have had the option to sign these international players, but with a certain amount of money that they are allowed to spend.
Basically, the Mets are getting money that they'll be able to use on more amateur free agents. There is a lot of talent out there, and roughly $360,000 can actually make a big difference when deciding on which players to sign.
Both Concepcion and Perez have not done anything to impress in the minor leagues, so they won't be missed. Overall, this is a good move by Sandy Alderson. Hopefully he uses this money to sign a solid international free agent soon.
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