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Friday, July 26, 2013

Mets News: Mets Make Trade with Angels to relieve international cap space

Mets News:

The Mets traded outfielder Julio Concepcion and right-hander Andres Perez to the Los Angeles Angels on Thursday for a reported $360,500 of the AL West team's cap space for international teenager signings.

Concepcion, 23, had appeared in six games for Brooklyn this season. Perez, 22, had a 5.52 ERA in seven appearances (one start) for Kingsport.

The current collective bargaining agreement limits the amount a team can spend on talent from international locales such as the Dominican Republic and Venezuela, but allows for a team to shift some of its cap space to another team as part of a trade.

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