The Philadelphia Phillies signed Cuban right-hander Miguel Alfredo Gonzalez to a six-year contract that could be worth up to $59 million, Yahoo! Sports reported.
That figure would make it the richest contract ever for an international player.
The 26-year-old Gonzalez was cleared for employment on July 15 by the United States government. Nearly every Major League team showed interest at that point, and ultimately it came down to the Phillies and Boston Red Sox.
The Phillies simply made the highest offer, according to the report.
Gonzalez defected in February after being suspended by Cuba for trying to defect in January of 2012.
He reportedly has a mid-90s fastball and a variety of breaking and off-speed pitches, all of which he throws for strikes.
The Phillies are expected to send him to the minors, and whether he'll be summoned to the majors this season or next will likely be determined by how well he pitches and adjusts to a new environment.
Philadelphia had never signed an international player to a contract worth more than $2 million.