Amateur players from Latin America often profit from bidding wars because most of them are not subject to the Major League Baseball draft.
Nomar Mazara, a 16-year-old slugger from the Dominican Republic, stands to make a record $5 million (before taxes, plus attorney and agent fees, etc.) after reportedly agreeing to a deal with the Texas Rangers on Sunday.
And you thought Nomar Garciaparra(notes) would be the first, last and only "Nomar" we'd ever see in the big leagues. No. There might be another. Well done, GM Jon Daniels (pictured)!
ESPN's Enrique Rojas first reported the Mazara signing, which has been rumored for some time and eclipses the $4.25 million bonus the Oakland Athletics spent on pitcher Michael Ynoa in 2008. (Ynoa turns 20 in September and is recovering from Tommy John surgery performed 11 months ago.)
http://sports.yahoo.com/mlb/blog/big_league_stew/post/Rangers-pay-record-5-million-bonus-to-16-year-o?urn=mlb-wp11524