Texas Rangers sign Bayron Lora, per reports

Texas Rangers rumors: Bayron Lora, the heralded 16 year old outfielder from the Dominican Republic, has agreed to a $3.9 million deal with the Rangers, per the beat guys on Twitter. The deal is pending a physical.

Lora is a great big righthanded power hitter with a huge arm, and was considered to be one of the top prospects available in this year’s J-2 class. It was reported on July 2 that the Rangers had agreed to a $4.3 million bonus with Lora, but the signing was not officially announced, as the Rangers would need to acquire additional international slot bonus money in order to have enough international bonus pool funds available to be eligible to sign Lora and the other players, such as shortstop Maximo Acosta, they inked. At the end of July the Rangers acquired Nate Jones, a reliever on the injured list, from the White Sox, assumed his contract, and got $1 million in bonus pool money in exchange for a pair of non-prospect pitchers. That money is apparently what they needed to get the Lora deal done.

Fangraphs has Lora as the #18 prospect in the Rangers system.