Monday August 18th, 2014

The Tampa Bay Rays signed 16-year-old Venezuelan pitcher Francisco Sanchez to a $675,000 contract, Baseball America's Ben Badler reports.

Sanchez is a 6'1", 180-pound left-handed pitcher. Teams are allowed to sign prospects once they turn 16 years old.

More: Mets sign 16-year-old prospect Kenny Hernandez for $1 million

Entering the 2014 season, the Rays had the 26th-best farm system in MLB, according to Baseball Prospectus. In July, the Rays signed No. 1 international prospect Adrian Rondon, a shortstop, for $2.95 million.

The Rays are 61-63 entering play Monday, 10 games behind the Baltimore Orioles in the American League East. They are 6.5 games behind the Seattle Mariners for the final Wild Card spot.

More: Rays owner doesn't regret trading David Price

- Paul Palladino

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