According to ESPN's Jorge Arangure and Baseball America, the Mariners have signed 16-year-old outfielder Guillermo Pimentel for an estimated $2 million signing bonus.

There was a minor controversy that the Rangers had gotten a verbal agreement from Pimentel earlier this year, but apparently he changed his mind.

But remember the Rangers are not exactly doing so well financially these days. Though they did have an international signing in Jurickson Profar.

Here's a list and scouting reports of the top Latin free agents this season.

Obviously it's tough to predict what a 16-year-old kid will do, but the Mariners success in scouting and signing Latin American players is pretty substantial. There's this guy, that's a pitcher, his name is Felix Hernandez, seemed to be a pretty good signing. He signed for $710,000. Now he's the AL Pitcher of the Month.

Other players the Mariners have signed include Jose Lopez, Carlos Triunfel, Yuni Betancourt, Jharmidy DeJesus, Michael Pineda

While $2 million seems like a lot for a 16-year-old, the Cardinals dished more than $3 million for outfielder Wagner Mateo.

Columnist John McGrath weighed in with his thoughts on the Mateo signing.