Baseball America with the report that Michel Inoa, the top Dominican Republic pitching prospect of the last decade has signed with the As for $4.25 million.

Here's an interesting, Yankee related portion:

The Yankees initially were the leader for Inoa, reportedly coming close to a deal with Inoa on a $2.7 million bonus. However, when other teams indicated they would go beyond that amount, the bidding re-opened, with the Yankees dropping out.